What Promotes Post-Earthquake Economic Recovery
The Role of Counterpart Assistance Policy After the Wenchuan M s 8.0 Earthquake, China
Bibliographic Data
| ID | 16912349 |
|---|---|
| Authors | Li Peng (0000-0003-0016-2977, Chinese Academy of Sciences), Qianyu Li (0000-0002-0627-039X, Southwestern University of Finance and Economics, corresponding author), Wei Deng (0000-0002-1243-3044, Chinese Academy of Sciences), Ying Liu (0000-0001-5584-7805, Sichuan Normal University) |
| Year | 2021 |
| Volume | 11 |
| Issue | 3 |
| Publication date | 2021-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/21582440211033573 |
| OpenAlex | W3185438201 |
| Language | EN |
| Citations received | 1 |
| References cited | 33 |
Despite the economic statistics from recent years indicating outstanding economic recovery in disaster-affected areas after the Wenchuan Ms 8.0 Earthquake, the causes of these macro-economic changes remain ambiguous. The Chinese Government set up the counterpart assistance policy to aid post-disaster reconstruction after the Wenchuan Ms 8.0 Earthquake in 2008; however, whether the changes seen in the economic statistics can be attributed to this policy remains unclear. This article uses the difference-in-differences model to evaluate the effects of counterpart assistance on economic development in disaster areas. Thirty-nine severely affected counties were chosen as research objects and divided into a treatment group (18 recipient counties) and a control group (non-recipient counties). Empirical results indicate the counterpart assistance policy helped to significantly improve the real GDP and GDP growth rate per capita in the treatment group. Counterpart assistance influenced the real GDP principally by increasing investment in fixed assets, employment, urbanization level, and fiscal expenditure. The findings of this study deepen our understanding of counterpart assistance within the Chinese context
China · Demographic economics · Development economics · Economic growth · Economic policy · Economics · Geography · Macroeconomics · Per capita · Political science · Politics · Real gross domestic product · Sociology · Urbanization · Demography · Disaster Management and Resilience · Facility Location and Emergency Management · Urban and Rural Development Challenges
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2023 - 2023 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |