Medium-run local economic effects of a major earthquake

Aguirre, Paula; Asahi, Kenzo; Díaz-Rioseco, Diego; Riveros, Ignacio; Valdés, Rodrigo

doi:10.1093/jeg/lbac010

Cited by 10 publications

(1 citation statement)

References 40 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The manifestations of seismic strong ground motions and their disastrous consequences (material damage) produce unwanted effects on the quality of life of the population in the affected regions [24][25][26]. Specialized studies also highlight the negative consequences of seismic strong ground motions on the economic [27,28], tourism [29,30], and cultural [31,32] potential of the areas of manifestation.…”

Section: Literature Reviewmentioning

confidence: 99%

Considerations of the Impact of Seismic Strong Ground Motions in Northern Oltenia (Romania) on Some Indicators of Sustainable Development Characterization of the Region from a Security Perspective

Peptan,

Holt,

Iana

et al. 2023

Sustainability

View full text Add to dashboard Cite

This study aims to highlight the degree of perception of the young population (18–35 years old), from the northern region of Oltenia (Gorj County, Romania), regarding the impact of the wave of seismic strong ground motions recorded in the region, starting from 13 February 2023, on some indicators to characterize the sustainable development of the region, in particular, the entrepreneurial potential of the region and the quality of life of the affected population. It was considered opportune to carry out this study, considering the novelty of such a situation, as the respective geographical area has not been subjected to strong ground motions in the recent past. This study was built on the basis of the questionnaire applied to 599 people, with permanent residence in Gorj County and aged between 18 and 35 years. The data were collected between 27 February 2023 and 31 March 2023, more than fourteen days after the first recorded micro-seismic event. The main working method is the combined statistical analysis, on the one hand, of the notification and evaluation of the respondents’ degree of information regarding the manifestation of the wave of seismic strong ground motions, the perception of the authorities’ involvement in the management of its negative effects (material damage and effects on the regional entrepreneurial potential), the negative impact on some indicators for evaluating the sustainable development of the region, and, on the other hand, the engagement in the empirical research of the phenomenon, related to the objectives of sustainable development, in accordance with the bibliography available. This study reveals that, in the context of a very high degree of information of the respondents regarding the manifestation of the wave of seismic strong ground motions (about 95%) and the reasonable degree of access to resources and credible information materials (55.2%), only 45.4% of them expressed their high confidence in the action of the authorities to limit the negative effects of seismic strong ground motions. On the other hand, this study highlights that the highest satisfaction average of the population, among the four WHOQOL-BREF domains, is represented by the “Psychological” domain (75.33 ± 21.17), and the lowest average is represented by the “Environmental” domain (67.45 ± 20.90). This study also reveals that male respondents show a higher satisfaction average than that recorded in the case of female respondents in the “Physical”, Psychological”, and “Environmental” domains; for the “Social” domain, the differences are insignificant in favor of the respondents from the second category. The respondents domiciled in the rural environment compared to those domiciled in the urban environment register higher mean scores in all four domains of the quality of life analysis; the respondents with higher education have a higher average score in the “Physical”, “Psychological”, and “Social” domains, with the exception of the “Environmental” domain. The quality of life indicators for the people in the area affected by earthquakes are adversely influenced by their concerns regarding the potential harm to the region’s touristic and entrepreneurial potential. Specifically, those with a high level of belief in the potential harm to the tourism and entrepreneurial potential of the region have lower quality of life measures than those with a low level of belief. Additionally, individuals with a high level of trust in the authorities’ measures to limit the negative impacts of the earthquakes have better quality of life measures than those with low trust.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Considerations of the Impact of Seismic Strong Ground Motions in Northern Oltenia (Romania) on Some Indicators of Sustainable Development Characterization of the Region from a Security Perspective

Peptan,

Holt,

Iana

et al. 2023

Sustainability

View full text Add to dashboard Cite

show abstract

Unearthing the impact of earthquakes: A review of economic and social consequences

Aksoy,

Chupilkin,

Koczan

et al. 2024

J Policy Anal Manage

View full text Add to dashboard Cite

The purpose of this paper is to offer a comprehensive overview of the socioeconomic effects of earthquakes. We begin with a thorough literature review. Following this, we assess policy measures taken in response to major earthquakes, drawing on existing research to formulate insights and recommendations that policymakers can use to effectively navigate the risks in the aftermath of such disasters. In addition to reviewing the literature and analyzing policy interventions, we conduct an in‐depth examination of the economic repercussions of earthquakes. Our analysis utilizes data from around 80 significant earthquakes across more than 30 countries. The findings indicate that, while the overall effect of major earthquakes on GDP per capita is generally small, the impact on fiscal accounts can be substantial, although this varies significantly between economies. External trade balances tend to weaken, with a considerable decrease in exports and an ambiguous effect on imports.

show abstract

Assessing “Invisible Loss” During Medium-Term Earthquake Recovery: The Case of Indonesia's 2016 Aceh Earthquakes

Akter,

Chairunissa,

Pundit

2024

EconDisCliCha

View full text Add to dashboard Cite

This study presents the results of a medium-term assessment of earthquake recovery, aiming to measure non-economic welfare losses resulting from the indirect impacts of earthquakes. While most earthquake assessments concentrate on the economic loss and damage caused by direct impacts of earthquakes, this study focuses on capturing these less visible non-economic losses. The 2016 Aceh earthquakes in Indonesia serve as the case study for this assessment. By applying the difference-in-differences method, we compared the changes in a range of non-economic welfare indicators in earthquake-affected and unaffected villages two years before (2014) and two years after (2018) the catastrophic earthquakes. In addition to administrative data, we tested the suitability of average monthly and annual night-time light data from the Visible Infrared Imaging Radiometer Suite (VIIRS) instrument as an alternative way to capture non-economic welfare losses. The findings from administrative data suggested a significant deterioration in, poverty, access to healthcare and access to socio-economic services in earthquake-affected villages relative to unaffected villages in 2018, compared to 2014. The analysis of nightlights data revealed contrasting results, suggesting that disaster recovery assessments using nightlights may not accurately capture non-economic welfare changes on the ground. Our research indicates that the detrimental effects of earthquakes on non-economic welfare persisted for years following the initial devastation. Utilizing administrative data can help pinpoint the nature and extent of non-economic losses and inform the development of policies to aid in the effective recovery of affected communities.

show abstract

Medium-run local economic effects of a major earthquake

Cited by 10 publications

References 40 publications

Considerations of the Impact of Seismic Strong Ground Motions in Northern Oltenia (Romania) on Some Indicators of Sustainable Development Characterization of the Region from a Security Perspective

Considerations of the Impact of Seismic Strong Ground Motions in Northern Oltenia (Romania) on Some Indicators of Sustainable Development Characterization of the Region from a Security Perspective

Unearthing the impact of earthquakes: A review of economic and social consequences

Assessing “Invisible Loss” During Medium-Term Earthquake Recovery: The Case of Indonesia's 2016 Aceh Earthquakes

Contact Info

Product

Resources

About