Regional economic resilience in China: measurement and determinants
基于简谐运动和体制转换理论提出工程韧性新测度，分析2008年次贷危机后中国区域经济韧性的决定因素，发现产业多样性、人力资本等能提升韧性，而危机前经济表现有负效应。
Resilience is system specific rather than shock specific. This study proposes a new measure of engineering resilience based on the theories of simple harmonic motion and regime switching, and it examines the determinants of resilience among China’s regional economies to the 2008 subprime crisis. Enhancing industrial diversity, human capital stock, trade openness and financial liberalization can improve economic resilience. Pre-crisis economic performance had a negative effect on regional economic resilience in China. More efforts are needed to enhance regional economic resilience in China by fostering entrepreneurship. The results provide information for policies to address external shocks and promote sustainable regional economic development.