4.1. The Temporal Evolution of Economic Resilience in Resource-Based Cities
The average economic resilience of resource-based cities in China shows a continuous growth trend.
Figure 1 shows the overall time evolution of economic resilience in resource-based cities. From 0.1306 in 2005 to 0.2597 in 2019, the average annual growth rate was 5.04%. There are obvious differences in the growth in economic resilience between different cities. From 2005 to 2007, the growth rate was rising, with an average annual growth rate of 4.55%. From 2008 to 2012, it was at a stage of high-speed growth, with an average annual growth rate of 5.44%. After 2013, the growth rate in economic resilience slowed down and remained at a relatively stable level, which was a stage of steady growth. China’s economy began to transition to high-quality development. Xuzhou, Ganzhou, and Luoyang are the top three cities in terms of the total growth in economic resilience; Qitaihe, Hegang, and Heihe are the last three cities in terms of growth in economic resilience. From the perspective of growth rate, the economic resilience of Ganzhou, Yichun, and Xuzhou has increased rapidly, with an average annual growth rate of more than 9%. Qitaihe, Hegang, and Daqing are the three cities with the lowest growth rates, all located in Heilongjiang Province, with an average annual growth rate of less than 2%.
There are obvious differences in the economic resilience of resource-based cities in different regions.
Figure 2 shows the characteristics of the economic resilience of resource-based cities: East Coast > Northern Coast > South Coast > Middle Reaches of the Yangtze River > Middle Reaches of the Yellow River > Northeast Region > Southwest Region > Northwest Region. The cities with the largest growth rates in economic resilience are in the coastal area, with an average annual growth rate of 6.11%; the growth rate in economic resilience of cities along the Yellow River and Yangtze River is in the middle, at 5.57%; the northeast region has the smallest average annual growth rate of only 2.59%. During the Thirteen Five-Year Plan period, the economic resilience of resource-based cities in the middle reaches of the Yangtze River increased, gradually surpassing the resource-based cities in the southern coastal areas, and the overall economic resilience of the southwest region began to exceed that of the northeast region.
4.2. The Spatial Evolution of Economic Resilience in Resource-Based Cities
We used sequential clustering to divide the different economic resilience types of 114 resource-based cities in China. According to the loss function, resource-based economic resilience is divided into five levels: low level (0–0.1345), lower level (0.1346–0.1921), medium level (0.1922–0.2611), higher level (0.2612–0.3896), and high level (0.3897–0.7193).
Figure 3 shows the spatial evolution of the resilience of China’s resource-based cities.
First, from 2005 to 2019, the resilience of China’s resource-based cities showed a low-medium-high growth trend. The economic resilience of Chinese resource-based cities was low in 2005; cities with low levels of economic resilience accounted for 56.14%. Economic resilience has ample potential since China entered the new normal in 2013. In 2015, only 18.42% of cities were at a low level of economic resilience. After 2019, there were only seven low-value areas, namely Jinchang, Hegang, Qitaihe, Shuangyashan, Yichun, Liaoyuan, and Tongchuan. High-value areas increased from 6 to 13 between 2015 and 2019; the new cities were Chuzhou, Handan, Nanyang, Suqian, Ganzhou, Yichun, and Huzhou.
Second, the spatial differentiation of economic resilience in resource-based cities is remarkable, with a distribution pattern of high in the east and low in the west. In 2015, 25% of the top 20 cities with economic resilience were located in Shandong Province, and 30% of the bottom 20 cities were located in Gansu Province. In 2019, the middle reaches of the Yangtze River also became a high-level area of economic resilience, with representative cities including Ganzhou, Yichun, Chuzhou, and Xuancheng. In 2019, areas with low levels of economic resilience were mainly located in the northwest and northeast regions. The bottom 20 cities with economic resilience are now mainly located in Heilongjiang and Gansu Province.
Third, the spatial polarization of the economic resilience in resource-based cities has intensified, and the distribution has shown a non-equilibrium trend. Between 2005 and 2019, the number of cities with low levels of economic resilience continued to decrease, and the number of cities at higher and higher levels increased. The economic resilience of resource-based cities was low in 2005, with a value of 0.1765. However, the economic resilience range of China’s resource-based cities increased to 0.6135 in 2019. It shows that the spatial polarization of the economic resilience level of China’s resource-based cities continues to expand. The Matthew effect, proposed by Robert K. Merton in 1968, can explain this phenomenon. If an individual has an advantage in a certain aspect, this advantage will continue to accumulate, thereby gaining a greater advantage. If an individual is disadvantaged in one aspect, the disadvantage will continue to expand. The expansion of the range shows that the economic resilience of regions with high economic resilience is increasing, while the economic resilience of cities with low economic resilience is decreasing. The Matthew effect states that the strong get stronger and the weak get weaker, which gradually emerges here.
Clustering can be found in
Figure 4. The cold spot areas are low-value clusters, and the hot spot areas are high-value clusters. The cold spot areas of economic resilience have changed significantly, and the hot spot areas have remained basically unchanged. The cold spot areas with low economic resilience values were first located in the southwest, and then gradually shifted to the northeast. The regions with high-value economic resilience have always been concentrated in the eastern and central regions. The trickle-down effect believes that cities where economic development is prioritized can drive the development of surrounding cities. Tangshan, Xuzhou, Zibo, and Linyi had high economic resilience in 2005, which had a positive radiation effect on the surrounding areas, making the high-value agglomeration of economic resilience in eastern and central cities more and more significant.
4.3. The Regional Disparities of Economic Resilience in Resource-Based Cities
This paper uses the Theil index to calculate the overall gap in the economic resilience of resource-based cities in China, and decomposes them according to the eight major economic regions (Northeast Region, Middle reaches of the Yellow River, North coast, Northwest Region, Southwest Region, Middle Reaches of the Yangtze River, East Coast, and South Coast). The results are shown in
Table 3 and
Figure 5.
The Theil index of economic resilience of resource-based cities in China increased from 0.0435 to 0.0835 from 2005 to 2019, with an average annual growth rate of 4.76%, indicating that the overall regional gap in economic resilience in the eight major economic zones widened. The decomposition of the Theil index yields intra-regional gaps and inter-regional gaps. Before 2008, intra-regional disparities contributed greatly to the overall regional disparity in economic resilience of resource-based cities in China, with an average contribution rate of 50.45%. After the 2008 financial crisis, the resilience of cities between regions expanded, and the overall gap was mainly due to the inter-regional gaps, with an average contribution rate of 56.03%. To sum up, the gap in economic resilience among resource-based cities is mainly caused by the unbalanced development among regions. The inter-regional gap continues to widen, and it will still be the decisive force for the gap in economic resilience and development in the future.
Figure 5 shows that the economic resilience and regional gaps of resource-based cities in the eight major economic regions are at different levels, and at the same time, show a trend of differentiated evolution. The Theil index ranking of each region is as follows: Northeast Region > Middle Reaches of the Yellow River > Northern Coast > Northwest Region > Southwest Region > Middle Reaches of the Yangtze River > East Coast > South Coast. Meanwhile, the Theil index of cities located in the middle reaches of the Yellow River and the middle reaches of the Yangtze River has the most obvious upward trend; the regional differences in economic resilience in the northwest, northeast, and southwest regions show a downward trend, of which the northwest region has the most significant decline. This trend shows that the development of the eastern and western regions has become more uncoordinated, and the economic resilience gap between cities has gradually widened. However, the economic resilience gap between underdeveloped cities in the northeast and northwest has gradually narrowed.
4.4. Spatial Regression Analysis of Factors Impacting Economic Resilience
Using the Moran index to test the spatial autocorrelation of economic resilience of resource-based cities in China.
Table 4 shows that Moran’s I from 2005 to 2019 was significantly greater than zero at the 1% level, indicating that there is a positive spatial correlation in the economic resilience of Chinese resource-based cities.
Table 5 shows that the LM test rejects the null hypothesis at the 1% significance level, indicating that there are spatial errors and spatial lag effects, and that the spatial Doberman model is more appropriate. In addition, the LR test and Wald test also rejected the null hypothesis at the 1% significance level, further indicating that the spatial Durbin model cannot be degraded into the SAR and SEM. Using the same method to determine that all dimensions of economic resilience are applicable to the spatial Durbin model.
Table 6 shows the estimation results of the economic resilience of China’s resource-based cities by the SDM. The spatial autoregressive coefficient
ρ passed the 1% significance test, indicating that economic resilience has an endogenous interaction between regions in resource-based cities. Resilience is affected not only by local explained variables, but also by the spatial spillover effects of explained variables and explanatory variables in neighboring cities. For every 1% increase in the economic resilience of local resource-based cities, the economic resilience of neighboring resource-based cities increases by 0.1931%. The estimation results of the SDM show that, in terms of main effects, market potential and location factors have a significant positive impact on the economic resilience, the degree of nationalization, and industrial structure specialization, and financial risks have a significant negative impact; in terms of spillover effects, talent development potential and industrial structure specialization have a significant role in promoting the economic resilience of neighboring resource-based cities; resource dependence, labor level, and financial risks have a significant inhibitory effect on the economic resilience of neighboring resource-based cities.
When the spatial spillover effect exists, changes in a certain influencing factor not only cause changes in local economic resilience, but also affect changes in the economic resilience in neighboring cities through a feedback mechanism. However, there is a certain bias in the parameter estimation results of the SDM, which cannot accurately reflect the marginal effects of the respective variables. This paper draws on the practice of Lesage and uses the partial differential method to decompose the total effect into direct effects and indirect effects. Direct effects reflect the impact of changes in local explanatory variables on local economic resilience, and indirect effects reflect the impact of local explanatory variables on the economic resilience of neighboring resource-based cities.
Table 7 shows the direct effect, indirect effect, and total effect of economic resilience in each dimension in resource-based cities.
Resource dependence has a significant negative impact on economic resilience and innovation and transformation ability, and has a significant negative spatial spillover effect on the economic resilience, resistance and recovery, adaptation and regulation ability, and innovation and transformation ability of neighboring cities. This proves the existence of the “resource curse” effect. Relying on their rich natural resources, resource-based cities focus on developing resource-based industries, crowding out investment in scientific and technological innovation, which is not conducive to the long-term development of economic resilience. Therefore, the degree of resource dependence not only hinders the development of local innovation, but also inhibits the overall economic resilience of neighboring resource-based cities.
Nationalization has a significant inhibitory effect on the economic resilience, adaptation and regulation ability, and innovation and transformation ability of resource-based cities, and the coefficients are −0.0068, −0.0078, and −0.0230, respectively. The dimension of innovation and transformation ability is most affected by nationalization. Nationalization is not conducive to the ownership structure breaking the single-subject pattern of state-owned enterprises and promoting the diversified development of the market economy. In addition, the spatial spillover effect of nationalization is limited, and the diffusion effect is not strong, which does not have a significant impact on neighboring resource-based cities.
Market potential and talent development potential play a significant role in promoting the economic resilience of resource-based cities in China. At the same time, they radiate to surrounding cities and have a positive spatial spillover effect on neighboring resource-based cities. The dimension of resistance and recovery is most obviously affected by the factors of market potential, and the dimension and transformation ability are most affected by the talent development potential. Increasing the market potential and talent development potential can stimulate the endogenous driving force of economic growth. The increase in local market capacity and the gathering of high-quality talents are the “shock absorbers” to stabilize economic fluctuations, which not only enhance the city’s risk resistance and innovation ability, but also benefit the surrounding resource-based cities.
The workforce level has a significant positive effect on promoting the economic resilience of resource-based cities, and has a negative effect on neighboring regions. The more abundant the local labor force, the more resilient the economy is. In the context of the transformation of resource-based cities, if the city lacks sufficient talent reserves, the current labor force level will not match the new industry. Local resource-based cities are forced to introduce talents from other places, which aggravates the instability of the local economy.
The specialization of the industrial structure has a significant negative impact on the economic resilience, adaptation and regulation ability, and innovation and transformation ability of resource-based cities, and has a positive spillover effect on the economic resilience of neighboring cities. Resource-based cities used to rely on the rich local natural resources and invested a lot of resources in a leading industry in the local area, focusing on building a specialized city. This development model has played an important role during a specific period, but in the context of the new era, the drawbacks of this model are gradually revealed. Once the local leading industry is strongly impacted by external influences, it is difficult for the city to transform in time and maintain a stable development trend in the crisis according to its own characteristics.
The direct and indirect effects of fiscal risk on economic resilience are significantly negative at the level of 1%, indicating that fiscal risk not only hinders the improvement of local economic resilience of resource-based cities, but also has a negative impact on the economic resilience of neighboring cities. Fiscal risk increases the possibility of damage to the government’s fiscal revenue and expenditure systems and affects the city’s ability to withstand external shocks.
The location of resource-based cities is also an important factor affecting their economic resilience. The economic resilience of resource-based cities in the east is better than that of resource-based cities in other regions. The geographical location of eastern cities is better than that of the western region, which means the production factors flow from west to east in the development process, resulting in a serious loss of resources in underdeveloped cities. A sharp decline in city resistance has reduced the overall economic resilience of cities.