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Impacts of the global economic crisis and Tohoku earthquake on Sino-Japan trade: a comparative perspective

机译：全球经济危机和东北地震对中日贸易的影响：比较视角

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The increasingly globalized and networked world coupled with enlarging spatial scope and severity of natural and man-made hazards are leading to significant cross-boundary impacts. It has not been adequately addressed that how those impacts transmit from one (sub-) systemetwork to another and how the socioeconomic systems respond. This paper examines the impact of the global economic crisis and the Tohoku earthquake on Sino-Japan trade based on trade data released by the Japanese Ministry of Finance. Our time series analysis model shows that in the short term, the economic crisis has an impact of 66 % larger than that of the earthquake. The impact of economic crisis is more acute and deep due to the collapse of consumers' and investors' confidence, but for the earthquake, it is more gradual as the impact spreads via production chain and supply chain across industries and regions. The pattern implies critical difference in disaster risk reduction strategies for the two types of catastrophes.
机译：日益全球化和网络化的世界，再加上自然和人为危害的空间范围和严重程度的扩大，正在导致重大的跨界影响。尚未充分解决这些影响如何从一个（子）系统/网络传递到另一（系统）/网络以及社会经济系统如何应对的问题。本文根据日本财务省发布的贸易数据，考察了全球经济危机和东北地震对中日贸易的影响。我们的时间序列分析模型显示，在短期内，经济危机的影响比地震大66％。由于消费者和投资者信心的崩溃，经济危机的影响更加严重和深远，但是对于地震而言，随着影响通过生产链和供应链跨行业和地区扩散，它的影响更为渐进。该模式暗示了针对两种灾难的减少灾害风险策略的关键差异。

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