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Can foundational economy save regions in crisis?

Martynovich, Mikhail LU orcid ; Hansen, Teis LU orcid and Lundquist, Karl-Johan LU (2020)
Abstract
We perform an explorative analysis of employment patterns in the foundational
economy producing mundane everyday necessities and providing welfare services across Swedish regional labour markets between 2007 and 2016. We focus specifically on hierarchical patterns in spatial distribution of foundational activities and their association – direct and through integration with other economic activities – with regional employment dynamics in times of crisis, recovery, and growth. Our findings suggest the foundational economy plays an
important role as employment provider to a substantial number of Swedish workers, particularly in non-metropolitan regions. Besides, it appears to be associated with improved ability of regions to retain... (More)
We perform an explorative analysis of employment patterns in the foundational
economy producing mundane everyday necessities and providing welfare services across Swedish regional labour markets between 2007 and 2016. We focus specifically on hierarchical patterns in spatial distribution of foundational activities and their association – direct and through integration with other economic activities – with regional employment dynamics in times of crisis, recovery, and growth. Our findings suggest the foundational economy plays an
important role as employment provider to a substantial number of Swedish workers, particularly in non-metropolitan regions. Besides, it appears to be associated with improved ability of regions to retain employment in the most acute phases of economic crisis, but only if it is well integrated into regional industrial profiles. However, its overall contribution to regional resilience in the long term appears to be rather limited. (Less)
Please use this url to cite or link to this publication:
author
; and
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
keywords
foundational economy, everyday economy, employment, regional resilience, crisis, recovery, Sweden
publisher
Papers in Evolutionary Economic Geography, Urban & Regional Research Centre Utrecht, Utrecht University
language
English
LU publication?
yes
id
06cd990a-e92e-4a68-b608-fac6275a4d62
alternative location
http://econ.geo.uu.nl/peeg/peeg2061.pdf
date added to LUP
2021-03-03 16:18:51
date last changed
2021-03-05 02:25:05
@misc{06cd990a-e92e-4a68-b608-fac6275a4d62,
  abstract     = {{We perform an explorative analysis of employment patterns in the foundational<br/>economy producing mundane everyday necessities and providing welfare services across Swedish regional labour markets between 2007 and 2016. We focus specifically on hierarchical patterns in spatial distribution of foundational activities and their association – direct and through integration with other economic activities – with regional employment dynamics in times of crisis, recovery, and growth. Our findings suggest the foundational economy plays an<br/>important role as employment provider to a substantial number of Swedish workers, particularly in non-metropolitan regions. Besides, it appears to be associated with improved ability of regions to retain employment in the most acute phases of economic crisis, but only if it is well integrated into regional industrial profiles. However, its overall contribution to regional resilience in the long term appears to be rather limited.}},
  author       = {{Martynovich, Mikhail and Hansen, Teis and Lundquist, Karl-Johan}},
  keywords     = {{foundational economy; everyday economy; employment; regional resilience; crisis; recovery; Sweden}},
  language     = {{eng}},
  note         = {{Working Paper}},
  publisher    = {{Papers in Evolutionary Economic Geography, Urban & Regional Research Centre Utrecht, Utrecht University}},
  title        = {{Can foundational economy save regions in crisis?}},
  url          = {{http://econ.geo.uu.nl/peeg/peeg2061.pdf}},
  year         = {{2020}},
}