Medium-run local economic effects of a major earthquake

Datos Bibliográficos

ID12694274
AutoresPaula Aguirre (0000-0002-0899-3882, Pontificia Universidad Católica de Chile), Kenzo Asahi (0000-0001-7838-4647, Escuela de Gobierno, Pontificia Universidad Católica de Chile , Santiago, Chile, autor de correspondencia), Diego Diaz-Rioseco (0000-0003-3045-3759, Escuela de Gobierno, Pontificia Universidad Católica de Chile , Santiago, Chile), Ignacio Riveros (0000-0002-5358-544X, Escuela de Gobierno, Pontificia Universidad Católica de Chile , Santiago, Chile), Rodrigo O Valdés (Research Center for Integrated Disaster Risk Management (CIGIDEN) , Santiago, Chile), Rodrigo Valdés (0000-0001-6793-7162, Pontificia Universidad Católica de Chile)
Año2022
Volumen23
Número2
Páginas277-297
Fecha de publicación2022-04-19
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Economic Geography (JOURNAL)
Identificadores de la revistaISSN: 1468-2702 • E-ISSN: 1468-2710
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.1093/jeg/lbac010
OpenAlexW4226307074
IdiomaEN
Citas recibidas8
Referencias citadas40

Existing research is inconclusive regarding the longer-term economic effects of earthquakes. We examine the medium-run impacts of the 2010 earthquake in Chile, the sixth-largest ever recorded, using value-added tax collection as a proxy for economic activity at the municipal level and a measure of local ground-shaking intensity. We find that the affected municipalities suffered a relevant and persistent drop in their economic activity of about 10%, 8–9 years after the event. We discuss the plausibility of the assumption of conditional parallel trends and show that the overall results are robust to using alternative estimation methods

Demographic economics · Econometrics · Economics · Estimation · Geography · Macroeconomics · Medium term · Proxy (statistics · Statistics · Disaster Management and Resilience · earthquake and tectonic studies · Mathematics · Regional resilience and development