The local economic impacts of mega nuclear accident: A synthetic control analysis of Fukushima
Author
Abstract
Suggested Citation
DOI: 10.1016/j.econmod.2024.106751
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Abdisa, Lamessa Tariku, 2018.
"Power Outages, Its Economic Cost and Firm Performance: Evidence From Ethiopia,"
MPRA Paper
88217, University Library of Munich, Germany.
- Lamessa Tariku ABDISA, 2018. "Power Outages, its Economic Cost and Firm Performance: Evidence from Ethiopia," Departmental Working Papers 2018-01, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Eli Ben-Michael & Avi Feller & Jesse Rothstein, 2021.
"The Augmented Synthetic Control Method,"
Journal of the American Statistical Association, Taylor & Francis Journals, vol. 116(536), pages 1789-1803, October.
- Eli Ben-Michael & Avi Feller & Jesse Rothstein, 2018. "The Augmented Synthetic Control Method," Papers 1811.04170, arXiv.org, revised Jul 2020.
- Eli Ben-Michael & Avi Feller & Jesse Rothstein, 2021. "The Augmented Synthetic Control Method," NBER Working Papers 28885, National Bureau of Economic Research, Inc.
- Breinlich, Holger & Leromain, Elsa & Novy, Dennis & Sampson, Thomas, 2020.
"Voting with their money: Brexit and outward investment by UK firms,"
European Economic Review, Elsevier, vol. 124(C).
- Breinlich, Holger & Leromain, Elsa & Novy, Dennis & Sampson, Thomas, 2019. "Voting with their Money: Brexit and Outward Investment by UK Firms," CEPR Discussion Papers 13850, C.E.P.R. Discussion Papers.
- Sampson, Thomas & Breinlich, Holger & Leromain, Elsa & Novy, Dennis, 2019. "Voting with their money: Brexit and outward investment by UK firms," LSE Research Online Documents on Economics 103396, London School of Economics and Political Science, LSE Library.
- Holger Breinlich & Elsa Leromain & Dennis Novy & Thomas Sampson, 2019. "Voting with Their Money: Brexit and Outward Investment by UK Firms," CESifo Working Paper Series 7751, CESifo.
- Breinlich, Holger & Leromain, Elsa & Novy, Dennis & Sampson, Thomas, 2020. "Voting with their money: Brexit and outward investment by UK firms," LSE Research Online Documents on Economics 103503, London School of Economics and Political Science, LSE Library.
- Holger Breinlich & Elsa Leromain & Dennis Novy & Thomas Sampson, 2019. "Voting with their money: Brexit and outward investment by UK firms," CEP Discussion Papers dp1637, Centre for Economic Performance, LSE.
- Holger Breinlich & Elsa Leromain & Dennis Novy & Thomas Sampson, 2019. "Voting with their money: Brexit and outward investment by UK firms," CEP Brexit Analysis Papers 13, Centre for Economic Performance, LSE.
- Lopatta, Kerstin & Kaspereit, Thomas, 2014. "The cross-section of returns, benchmark model parameters, and idiosyncratic volatility of nuclear energy firms after Fukushima Daiichi," Energy Economics, Elsevier, vol. 41(C), pages 125-136.
- Zeileis, Achim & Leisch, Friedrich & Hornik, Kurt & Kleiber, Christian, 2002.
"strucchange: An R Package for Testing for Structural Change in Linear Regression Models,"
Journal of Statistical Software, Foundation for Open Access Statistics, vol. 7(i02).
- Zeileis, Achim & Leisch, Friedrich & Hornik, Kurt & Kleiber, Christian, 2001. "Strucchange: An R package for testing for structural change in linear regression models," Technical Reports 2001,26, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
- Sheng, Yu & Xu, Xinpeng, 2019. "The productivity impact of climate change: Evidence from Australia's Millennium drought," Economic Modelling, Elsevier, vol. 76(C), pages 182-191.
- Jim Skea & Stefan Lechtenb�hmer & Jusen Asuka, 2013. "Climate policies after Fukushima: three views," Climate Policy, Taylor & Francis Journals, vol. 13(sup01), pages 36-54, March.
- Zhu, Hongjia & Deng, Yongheng & Zhu, Rong & He, Xiaobo, 2016. "Fear of nuclear power? Evidence from Fukushima nuclear accident and land markets in China," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 139-154.
- Chew, Elaine Yin Teng & Jahari, Siti Aqilah, 2014. "Destination image as a mediator between perceived risks and revisit intention: A case of post-disaster Japan," Tourism Management, Elsevier, vol. 40(C), pages 382-393.
- Evgenidis, Anastasios & Hamano, Masashige & Vermeulen, Wessel N., 2021.
"Economic consequences of follow-up disasters: Lessons from the 2011 Great East Japan Earthquake,"
Energy Economics, Elsevier, vol. 104(C).
- Anastasios Evgenidis & Masashige Hamano & Wessel N. Vermeulen, 2020. "Economic consequences of follow-up disasters: lessons from the 2011 Great East Japan Earthquake," Working Papers e152, Tokyo Center for Economic Research.
- Anastasios Evgenidis & Masashige Hamano & Wessel N. Vermeulen, 2021. "Economic consequences of follow-up disasters: lessons from the 2011 Great East Japan Earthquake," Working Papers 2111, Waseda University, Faculty of Political Science and Economics.
- Alberto Abadie & Alexis Diamond & Jens Hainmueller, 2015. "Comparative Politics and the Synthetic Control Method," American Journal of Political Science, John Wiley & Sons, vol. 59(2), pages 495-510, February.
- Alberto Abadie & Javier Gardeazabal, 2003. "The Economic Costs of Conflict: A Case Study of the Basque Country," American Economic Review, American Economic Association, vol. 93(1), pages 113-132, March.
- Grossi, Luigi & Heim, Sven & Waterson, Michael, 2017. "The impact of the German response to the Fukushima earthquake," Energy Economics, Elsevier, vol. 66(C), pages 450-465.
- Midori Aoyagi, 2021. "The impact of the Fukushima accident on nuclear power policy in Japan," Nature Energy, Nature, vol. 6(4), pages 326-328, April.
- Ando, Michihito, 2015. "Dreams of urbanization: Quantitative case studies on the local impacts of nuclear power facilities using the synthetic control method," Journal of Urban Economics, Elsevier, vol. 85(C), pages 68-85.
- Grier, Kevin & Maynard, Norman, 2016. "The economic consequences of Hugo Chavez: A synthetic control analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 125(C), pages 1-21.
- Andreas Billmeier & Tommaso Nannicini, 2013. "Assessing Economic Liberalization Episodes: A Synthetic Control Approach," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 983-1001, July.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2013.
"Catastrophic Natural Disasters and Economic Growth,"
The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1549-1561, December.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Research Department Publications 4671, Inter-American Development Bank, Research Department.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Working Papers 201006, University of Hawaii at Manoa, Department of Economics.
- Cavallo, Eduardo A. & Noy, Ilan & Pantano, Juan & Galiani, Sebastián, 2010. "Catastrophic Natural Disasters and Economic Growth," IDB Publications (Working Papers) 1903, Inter-American Development Bank.
- Kawashima, Shingo & Takeda, Fumiko, 2012. "The effect of the Fukushima nuclear accident on stock prices of electric power utilities in Japan," Energy Economics, Elsevier, vol. 34(6), pages 2029-2038.
- Kawaguchi, Daiji & Yukutake, Norifumi, 2017. "Estimating the residential land damage of the Fukushima nuclear accident," Journal of Urban Economics, Elsevier, vol. 99(C), pages 148-160.
- Barone, Guglielmo & Mocetti, Sauro, 2014.
"Natural disasters, growth and institutions: A tale of two earthquakes,"
Journal of Urban Economics, Elsevier, vol. 84(C), pages 52-66.
- Guglielmo Barone & Sauro Mocetti, 2014. "Natural disasters, growth and institutions: a tale of two earthquakes," Temi di discussione (Economic working papers) 949, Bank of Italy, Economic Research and International Relations Area.
- Hu, Teh-Wei & Slaysman, Kenneth S., 1984. "Health-related economic costs of the three-mile island accident," Socio-Economic Planning Sciences, Elsevier, vol. 18(3), pages 183-193.
- Kenta Tanaka & Shunsuke Managi, 2016.
"Impact Of A Disaster On Land Price: Evidence From Fukushima Nuclear Power Plant Accident,"
The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(01), pages 1-15, March.
- Managi, Shunsuke & Tanaka, Kenta, 2014. "Impact of a Disaster on Land Price: Evidence from Fukushima Nuclear Power Plant Accident," MPRA Paper 59358, University Library of Munich, Germany.
- Susan Athey & Guido W. Imbens, 2017.
"The State of Applied Econometrics: Causality and Policy Evaluation,"
Journal of Economic Perspectives, American Economic Association, vol. 31(2), pages 3-32, Spring.
- Susan Athey & Guido Imbens, 2016. "The State of Applied Econometrics - Causality and Policy Evaluation," Papers 1607.00699, arXiv.org.
- Firpo Sergio & Possebom Vitor, 2018. "Synthetic Control Method: Inference, Sensitivity Analysis and Confidence Sets," Journal of Causal Inference, De Gruyter, vol. 6(2), pages 1-26, September.
- Chan, Ho Fai & Frey, Bruno S. & Gallus, Jana & Torgler, Benno, 2014. "Academic honors and performance," Labour Economics, Elsevier, vol. 31(C), pages 188-204.
- Lars Hultkrantz & Christina Olsson, 1997. "Chernobyl effects on domestic and inbound tourism in Sweden — A time series analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 9(2), pages 239-258, March.
- Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
- Gharehgozli, Orkideh, 2017. "An estimation of the economic cost of recent sanctions on Iran using the synthetic control method," Economics Letters, Elsevier, vol. 157(C), pages 141-144.
- Spencer Wheatley & Benjamin Sovacool & Didier Sornette, 2017. "Of Disasters and Dragon Kings: A Statistical Analysis of Nuclear Power Incidents and Accidents," Risk Analysis, John Wiley & Sons, vol. 37(1), pages 99-115, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- David Gilchrist & Thomas Emery & Nuno Garoupa & Rok Spruk, 2023. "Synthetic Control Method: A tool for comparative case studies in economic history," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 409-445, April.
- Bruno Ferman & Cristine Pinto & Vitor Possebom, 2020.
"Cherry Picking with Synthetic Controls,"
Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 39(2), pages 510-532, March.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier & Possebom, Vítor Augusto, 2016. "Cherry picking with synthetic controls," Textos para discussão 420, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Ferman, Bruno & Pinto, Cristine & Possebom, Vitor, 2017. "Cherry Picking with Synthetic Controls," MPRA Paper 78213, University Library of Munich, Germany.
- Samuel Verevis & Murat Üngör, 2021. "What has New Zealand gained from The FTA with China?: Two counterfactual analyses†," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 20-50, February.
- Giulio Grossi & Marco Mariani & Alessandra Mattei & Patrizia Lattarulo & Ozge Oner, 2020. "Direct and spillover effects of a new tramway line on the commercial vitality of peripheral streets. A synthetic-control approach," Papers 2004.05027, arXiv.org, revised Nov 2023.
- Diego D'iaz & Pablo Paniagua & Cristi'an Larroulet, 2024. "Earthquakes and the wealth of nations: The cases of Chile and New Zealand," Papers 2405.12041, arXiv.org.
- Juan S. Mora‐Sanguinetti & Rok Spruk, 2023. "Economic effects of recent experiences of federalism: Analysis of the regionalization process in Spain," Journal of Regional Science, Wiley Blackwell, vol. 63(1), pages 30-63, January.
- Emery, Thomas & Mélon, Lela & Spruk, Rok, 2023. "Does e-procurement matter for economic growth? Subnational evidence from Australia," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 318-334.
- Nadine McCloud & Ajornie Taylor, 2022. "Does inflation targeting matter for international trade? A synthetic control analysis," Empirical Economics, Springer, vol. 63(5), pages 2427-2478, November.
- Ferman, Bruno & Pinto, Cristine, 2016.
"Revisiting the Synthetic Control Estimator,"
MPRA Paper
73982, University Library of Munich, Germany.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier, 2016. "Revisiting the synthetic control estimator," Textos para discussão 421, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Maximiliano Marzetti & Rok Spruk, 2023. "Long-Term Economic Effects of Populist Legal Reforms: Evidence from Argentina," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(1), pages 60-95, March.
- Robbert Maseland & Rok Spruk, 2023.
"The benefits of US statehood: an analysis of the growth effects of joining the USA,"
Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 17(1), pages 49-89, January.
- Robbert Maseland & Rok Spruk, 2023. "The benefits of US statehood: an analysis of the growth effects of joining the USA," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 17(1), pages 49-89, January.
- Pier Basaglia & Sophie M. Behr & Moritz A. Drupp, 2023. "De-Fueling Externalities: How Tax Salience and Fuel Substitution Mediate Climate and Health Benefits," Discussion Papers of DIW Berlin 2041, DIW Berlin, German Institute for Economic Research.
- Augusto Cerqua & Giorgio Di Pietro, 2017.
"Natural disasters and university enrolment: evidence from L’Aquila earthquake,"
Applied Economics, Taylor & Francis Journals, vol. 49(14), pages 1440-1457, March.
- Cerqua, Augusto & Di Pietro, Giorgio, 2015. "Natural Disasters and University Enrolment: Evidence from L'Aquila Earthquake," IZA Discussion Papers 9332, Institute of Labor Economics (IZA).
- Pier Basaglia & Sophie M. Behr & Moritz A. Drupp, 2023. "De-Fueling Externalities: Causal Effects of Fuel Taxation and Mediating Mechanisms for Reducing Climate and Pollution Costs," CESifo Working Paper Series 10508, CESifo.
- McCloud, Nadine, 2022.
"Does domestic investment respond to inflation targeting? A synthetic control investigation,"
International Economics, Elsevier, vol. 169(C), pages 98-134.
- Nadine McCloud, 2022. "Does domestic investment respond to inflation targeting? A synthetic control investigation," International Economics, CEPII research center, issue 169, pages 98-134.
- Bibek Adhikari, 2022. "A Guide to Using the Synthetic Control Method to Quantify the Effects of Shocks, Policies, and Shocking Policies," The American Economist, Sage Publications, vol. 67(1), pages 46-63, March.
- Matej Opatrny, 2021.
"The impact of the Brexit vote on UK financial markets: a synthetic control method approach,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(2), pages 559-587, May.
- Matej Opatrny, 2019. "The Impact of the Brexit Vote on UK Financial Markets: A Synthetic Control Method Approach," Working Papers IES 2019/27, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2019.
- Mohammad Reza Farzanegan, 2023.
"Years of life lost to revolution and war in Iran,"
Review of Development Economics, Wiley Blackwell, vol. 27(4), pages 2061-2103, November.
- Mohammad Reza Farzanegan, 2021. "Years of Life Lost to Revolution and War in Iran," CESifo Working Paper Series 9063, CESifo.
- Idriss Fontaine & Justinien Razafindravaosolonirina, 2023. "The income loss of a political crisis: Evidence from Madagascar," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(3), pages 657-681, July.
- Nuno Garoupa & Rok Spruk, 2024. "Populist Constitutional Backsliding and Judicial Independence: Evidence from Turkiye," Papers 2410.02439, arXiv.org.
More about this item
Keywords
Nuclear accidents; Mega accidents; Economic impact; Synthetic control; Counterfactual;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:136:y:2024:i:c:s026499932400107x. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.