TY - JOUR
T1 - Effects of post-disaster aid measures to firms
T2 - Evidence from Tohoku university earthquake recovery firm survey 2012–2015
AU - Isoda, Yuzuru
AU - Masuda, Satoru
AU - Nishiyama, Shinichi
N1 - Funding Information:
This research is funded by KAKENHI Grant No. 16H03608. The Tohoku University Earthquake Recovery Firm Survey (TERFS) 2012–2015 dataset is provided by the Regional Innovation Research Center of the Graduate School of Economics and Management, Tohoku University. We would like to thank the anonymous reviewers for their constructive comments.
Funding Information:
This research is funded by KAKENHI Grant No. 16H03608. The Tohoku University Earthquake Recovery Firm Survey (TERFS) 2012?2015 dataset is provided by the Regional Innovation Research Center of the Graduate School of Economics and Management, Tohoku University. We would like to thank the anonymous reviewers for their constructive comments.
Publisher Copyright:
© 2019, Fuji Technology Press. All rights reserved.
PY - 2019/11
Y1 - 2019/11
N2 - Panel data of individual firms are a valuable source of information on the disaster resilience of the regional economy. Such data also helps to assess the effectiveness of government aids to recovery. Every year after the Great East Japan Earthquake 2011, from 2012 to 2015, Tohoku University’s Graduate School of Economics and Management conducted the Tohoku University Earthquake Recovery Firm Survey (TERFS) to obtain such information. The survey collected 25,826 responses over the 4-year period from a total of 11,090 firms in the east Tohoku region, the most severely affected region. Based on this survey, this paper assesses the effects of the conventional and new government recovery aid measures introduced to help firms affected by the disaster on the levels of business activity. The paper finds that group subsidy and debt reduction had important roles in the recovery of business activities, and demonstrates the importance of a panel survey in understanding and guiding policies for the resilience of the regional economy.
AB - Panel data of individual firms are a valuable source of information on the disaster resilience of the regional economy. Such data also helps to assess the effectiveness of government aids to recovery. Every year after the Great East Japan Earthquake 2011, from 2012 to 2015, Tohoku University’s Graduate School of Economics and Management conducted the Tohoku University Earthquake Recovery Firm Survey (TERFS) to obtain such information. The survey collected 25,826 responses over the 4-year period from a total of 11,090 firms in the east Tohoku region, the most severely affected region. Based on this survey, this paper assesses the effects of the conventional and new government recovery aid measures introduced to help firms affected by the disaster on the levels of business activity. The paper finds that group subsidy and debt reduction had important roles in the recovery of business activities, and demonstrates the importance of a panel survey in understanding and guiding policies for the resilience of the regional economy.
KW - Aid measures
KW - Debt reduction
KW - Group subsidy
KW - Regional economy
KW - Resilience
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U2 - 10.20965/jdr.2019.p1030
DO - 10.20965/jdr.2019.p1030
M3 - Article
AN - SCOPUS:85074893428
VL - 14
SP - 1030
EP - 1046
JO - Journal of Disaster Research
JF - Journal of Disaster Research
SN - 1881-2473
IS - 8
ER -
