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THE IMPACT OF NATURAL DISASTERS ON MANUFACTURING: PLANT-LEVEL ANALYSIS FOR THE GREAT HANSHIN-AWAJI EARTHQUAKE

机译:自然灾害对制造业的影响:阪神-淡路大地震的工厂级分析

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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.
机译:本文使用日本工厂级制造业数据调查了阪神-淡路大地震对工厂投入,产出,全要素生产率(TFP)和出口的影响。我们采用差异差(DID)估计方法来识别地震的影响,并发现地震对制造产生了影响。结果表明,生产受到地震的影响,特别是在地震发生后的第一年。此外,地震并没有统一地影响制造业。效果因规格,变量和行业而异。但是,地震对植物的出口影响很小。

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