Urban Density and Resilience: The Spatial Heterogeneity of Recovery After the COVID-19 Shock in China
Fri, Apr 09, 2021
Date & Time:12:00-13:00, Tue. 13th, April 2021
Venue: Room 306, Tongji Building A
Speaker: FENG Hao, Shanghai University of International Business and Economics
Abstract:The economic resilience of a city is determined, at least in part, by the ability to act collectively, and insights from density and industrial networks inform the nature of resilience. This paper demonstrates the importance of urban density and complexity of industrial networks in face of the uncertain shocks of COVID-19 epidemic, and finds that the ability of recovery after the shocks is stronger in cities with greater density. Firm-level analysis suggests that these effects come from more resilient industrial networks in cities with greater economic density. Agglomeration and urban density are not only vital for the efficiency of spatial allocation of economic resources, but also in favor of the resilience against uncertain shocks.
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