Abstract
The purpose of the article is an attempt to measure and assess the sensitivity to crisis of the European Union regional economies having considered their sector structure. The research results presented in literature references indicate that the differences in sector structure of particular economies were the main reason of diverse crisis consequences. The study covered the NUTS-2 level regions in the period 2005–2011. Econometric models for panel data with adequate estimation techniques are used for the assessment of the EU regions’ sensitivity to the effects of 2008 crisis. The application of panel data allows for including in the analysis also the specific, non-measurable, individual effects for particular regions and time, what seems a particularly useful tool for the description of regional economies growth in the crisis.
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Project has been financed by the Polish National Centre for Science, decision DEC-2013/09/B/HS4/00509.
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Bal-Domańska, B. (2016). The Identification of Relations Between Smart Specialization and Sensitivity to Crisis in the European Union Regions. In: Wilhelm, A., Kestler, H. (eds) Analysis of Large and Complex Data. Studies in Classification, Data Analysis, and Knowledge Organization. Springer, Cham. https://doi.org/10.1007/978-3-319-25226-1_25
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DOI: https://doi.org/10.1007/978-3-319-25226-1_25
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