The paper examines the role that cluster‐specific horizontal relationships play in firm resilience following a negative shock. We use the Emilia earthquake that hit part of Emilia‐Romagna (Italy) in May 2012 to provide evidence of the negative effect of horizontal clustering on firm performance after a natural disaster. Moreover, empirical analyses show that firms within industrial districts are able to recover as soon as firms not belonging to industrial districts. The results are established controlling for a wide array of confounding factors, including local supply chain and infrastructure disruptions and alternative location‐specific factors.
Horizontal Clusters and Firm Resilience / Marzano, Riccardo. - In: JOURNAL OF REGIONAL SCIENCE. - ISSN 0022-4146. - 65:4(2025), pp. 965-983. [10.1111/jors.12769]
Horizontal Clusters and Firm Resilience
Riccardo Marzano
Primo
2025
Abstract
The paper examines the role that cluster‐specific horizontal relationships play in firm resilience following a negative shock. We use the Emilia earthquake that hit part of Emilia‐Romagna (Italy) in May 2012 to provide evidence of the negative effect of horizontal clustering on firm performance after a natural disaster. Moreover, empirical analyses show that firms within industrial districts are able to recover as soon as firms not belonging to industrial districts. The results are established controlling for a wide array of confounding factors, including local supply chain and infrastructure disruptions and alternative location‐specific factors.| File | Dimensione | Formato | |
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Marzano_Horizontal-Clusters_2025.pdf
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Note: https://doi.org/10.1111/jors.12769
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