气候变化领域集成服务门户(CCPortal): Study on indirect economic impacts and their causes of the 2008 Wenchuan earthquake

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DOI	10.1007/s11069-021-04765-y
	Study on indirect economic impacts and their causes of the 2008 Wenchuan earthquake
	Song Y.; Li Z.; Zhang X.; Zhang M.
发表日期	2021
ISSN	0921030X
起始页码	1971
结束页码	1995
卷号	108 期号:2
英文摘要	In terms of events that undermine economic growth, the impact of natural disasters is huge and inevitable. Taking the 2008 Wenchuan earthquake as the research object, and based on the country-year data for 181 counties in Sichuan Province from 1999 to 2018, this paper uses the dynamic difference-in-difference method to investigate the indirect impact of this event on the economy. The main findings are as follows: Even though the central government has introduced reconstruction policies and invested a lot of reconstruction funds, in 2018, the per capita income in the extremely and relatively severe disaster areas was still significantly lower than the counterfactual by 21.96% and 7.61%, respectively. There is heterogeneity in the long-term indirect impacts in areas with different disaster levels, and the economies of the extremely severe disaster areas may form a "poverty trap," while the economies of the relatively severe disaster areas are still in a slow recovery state. It was further found that the assistance of central government’s reconstruction funds and the increase in local government expenditure are the reasons for the rapid economic recovery in the short term, and the insufficient level of total demand caused by the investment and consumption is the main reasons for the negative indirect impact on the economy in the disaster areas. © 2021, The Author(s), under exclusive licence to Springer Nature B.V.
关键词	Disaster area economy Dynamic difference-in-difference method Indirect economic impacts Wenchuan earthquake
语种	英语
来源期刊	Natural Hazards
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/206578
作者单位	School of Economics and Management, Xidian University, Xi’an, 710071, China; College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, 211106, China; School of Economics and Management, China University of Mining and Technology, Xuzhou, 221116, China; Center for Environmental Management and Economics Policy Research, China University of Mining and Technology, Xuzhou, 221116, China
推荐引用方式 GB/T 7714	Song Y.,Li Z.,Zhang X.,et al. Study on indirect economic impacts and their causes of the 2008 Wenchuan earthquake[J],2021,108(2).
APA	Song Y.,Li Z.,Zhang X.,&Zhang M..(2021).Study on indirect economic impacts and their causes of the 2008 Wenchuan earthquake.Natural Hazards,108(2).
MLA	Song Y.,et al."Study on indirect economic impacts and their causes of the 2008 Wenchuan earthquake".Natural Hazards 108.2(2021).