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LONG-RUN EFFECT OF A DISASTER: CASE STUDY ON THE KOBE EARTHQUAKE

机译:灾害的长期影响:神户地震的个案研究

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摘要

In 1995, the Kobe earthquake occurred in the second largest economic region of Japan, and its economic damages were accounted around 10 trillion yen. This paper presents an empirical investigation of long-run economic effects of the event based on a time-series data. The results indicate that the event had created statistically significant deviations from the pre-earthquake growth path of Kobe. In addition, the comparison with the projected pre-event growth path revealed that the long-run effects have resulted in a steady decline of per capita GRP, while the short-run impacts led to some positive impacts from recovery and reconstruction during the first several years.
机译:1995年,神户大地震发生在日本第二大经济区,经济损失约10万亿日元。本文根据时间序列数据对事件的长期经济影响进行了实证研究。结果表明,该事件与神户地震前的生长路径存在统计学差异。此外,与预测的事前增长路径的比较表明,长期影响导致人均GRP稳定下降,而短期影响导致前几个阶段的恢复和重建产生了一些积极影响年份。

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