TY - JOUR
T1 - THE IMPACT of NATURAL DISASTERS on MANUFACTURING
T2 - PLANT-LEVEL ANALYSIS for the GREAT HANSHIN-AWAJI EARTHQUAKE
AU - Matsuki, Yusuke
AU - Managi, Shunsuke
N1 - Publisher Copyright:
© 2016 World Scientific Publishing Company.
PY - 2016/3/1
Y1 - 2016/3/1
N2 - This paper investigates the impact of the Great Hanshin-Awaji earthquake on plant input, output, total factor productivity (TFP) and exit using Japanese plant-level manufacturing data. We employ the difference-in-differences (DID) estimation method to identify the effects of the quake and find that the quake had an impact on manufacturing. The results suggest that production was influenced by the quake, particularly in the first year after the quake. Furthermore, the quake did not influence manufacturing industries uniformly. The effects are different based on specifications, variables, and industries. However, the quake had little impact on the exit of plants.
AB - This paper investigates the impact of the Great Hanshin-Awaji earthquake on plant input, output, total factor productivity (TFP) and exit using Japanese plant-level manufacturing data. We employ the difference-in-differences (DID) estimation method to identify the effects of the quake and find that the quake had an impact on manufacturing. The results suggest that production was influenced by the quake, particularly in the first year after the quake. Furthermore, the quake did not influence manufacturing industries uniformly. The effects are different based on specifications, variables, and industries. However, the quake had little impact on the exit of plants.
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U2 - 10.1142/S0217590816400105
DO - 10.1142/S0217590816400105
M3 - Review article
AN - SCOPUS:84959345815
VL - 61
JO - Singapore Economic Review
JF - Singapore Economic Review
SN - 0217-5908
IS - 1
M1 - 1640010
ER -