IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v203y2024ics1364032124005276.html
   My bibliography  Save this article

Fukushima Daiichi nuclear power plant impact on regional economies from 1960 to 2010

Author

Listed:
  • Shimada, Go

Abstract

Understanding the economic and social impact of nuclear power on a region is crucial; this is particularly important for Fukushima because the region relies on nuclear power and its sustainable recovery following the nuclear accident at Fukushima Daiichi. However, existing studies do not reveal any consensus on the economic impact of nuclear power plants. Further, long-term time-series data for conducting such an analysis are lacking; so, for this study, a long-term database from 1960 to 2010 was constructed (before the earthquake and nuclear power plant accidents happened in 2011). The data were analyzed to evaluate the effects of the nuclear power plants on employment in various sectors in Fukushima, using the difference-in-differences (DID) and staggered DID methods. Unlike previous studies, this study revealed that nuclear power surprisingly increased agricultural employment (892.62 more jobs) while reducing manufacturing employment (−466.40 fewer jobs) due to crowding-out effects. Furthermore, although employment in the construction sector also increased, the impact was temporary. These findings highlight the complex economic dynamics triggered by the presence of a nuclear power plant, which may have significant implications for long-term recovery strategies in the region. Despite the positive impacts on certain sectors, the negative effects on manufacturing underscore the need for careful consideration in future economic planning and recovery efforts. The study's findings provide valuable insights into the challenges and opportunities faced by regions hosting nuclear power plants, which must be considered for long-term recovery.

Suggested Citation

  • Shimada, Go, 2024. "Fukushima Daiichi nuclear power plant impact on regional economies from 1960 to 2010," Renewable and Sustainable Energy Reviews, Elsevier, vol. 203(C).
    • Handle: RePEc:eee:rensus:v:203:y:2024:i:c:s1364032124005276
    DOI: 10.1016/j.rser.2024.114801
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032124005276
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2024.114801?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Go Shimada, 2022. "The Impact of Climate-Change-Related Disasters on Africa’s Economic Growth, Agriculture, and Conflicts: Can Humanitarian Aid and Food Assistance Offset the Damage?," IJERPH, MDPI, vol. 19(1), pages 1-16, January.
    2. Goodman-Bacon, Andrew, 2021. "Difference-in-differences with variation in treatment timing," Journal of Econometrics, Elsevier, vol. 225(2), pages 254-277.
    3. Go Shimada & Tetsushi Sonobe, 2021. "Impacts of management training on workers: Evidence from Central America and the Caribbean region," Review of Development Economics, Wiley Blackwell, vol. 25(3), pages 1492-1514, August.
    4. Guido W. Imbens & Jeffrey M. Wooldridge, 2009. "Recent Developments in the Econometrics of Program Evaluation," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 5-86, March.
    5. Alberto Abadie, 2005. "Semiparametric Difference-in-Differences Estimators," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(1), pages 1-19.
    6. Kim, Younghwan & Kim, Minki & Kim, Wonjoon, 2013. "Effect of the Fukushima nuclear disaster on global public acceptance of nuclear energy," Energy Policy, Elsevier, vol. 61(C), pages 822-828.
    7. Kessides, Ioannis N., 2010. "Nuclear power: Understanding the economic risks and uncertainties," Energy Policy, Elsevier, vol. 38(8), pages 3849-3864, August.
    8. Fam, Shun Deng & Xiong, Jieru & Xiong, Gordon & Yong, Ding Li & Ng, Daniel, 2014. "Post-Fukushima Japan: The continuing nuclear controversy," Energy Policy, Elsevier, vol. 68(C), pages 199-205.
    9. Callaway, Brantly & Sant’Anna, Pedro H.C., 2021. "Difference-in-Differences with multiple time periods," Journal of Econometrics, Elsevier, vol. 225(2), pages 200-230.
    10. Srinivasan, T.N. & Gopi Rethinaraj, T.S., 2013. "Fukushima and thereafter: Reassessment of risks of nuclear power," Energy Policy, Elsevier, vol. 52(C), pages 726-736.
    11. Paul L. Joskow & John E. Parsons, 2012. "The Future of Nuclear Power After Fukushima," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    Full references (including those not matched with items on IDEAS)

    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.
    1. Müller, Tobias & Schmid, Christian & Gerfin, Michael, 2023. "Rents for Pills: Financial incentives and physician behavior," Journal of Health Economics, Elsevier, vol. 87(C).
    2. Li, Daiyue & Jin, Yanhong & Cheng, Mingwang, 2024. "Unleashing the power of industrial robotics on firm productivity: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 500-520.
    3. Callaway, Brantly & Karami, Sonia, 2023. "Treatment effects in interactive fixed effects models with a small number of time periods," Journal of Econometrics, Elsevier, vol. 233(1), pages 184-208.
    4. Julie Gilles de la Londe & Anissa Afrite & Julien Mousquès, 2023. "How does the quality of care for type 2 diabetic patients benefit from GPs-nurses’ teamwork? A staggered difference-in-differences design based on a French pilot program," International Journal of Health Economics and Management, Springer, vol. 23(3), pages 433-466, September.
    5. Sant’Anna, Pedro H.C. & Zhao, Jun, 2020. "Doubly robust difference-in-differences estimators," Journal of Econometrics, Elsevier, vol. 219(1), pages 101-122.
    6. Jaraitė, Jūratė & Kurtyka, Oliwia & Ollivier, Hélène, 2022. "Take a ride on the (not so) green side: How do CDM projects affect Indian manufacturing firms’ environmental performance?," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
    7. Cambini, Carlo & Grinza, Elena & Sabatino, Lorien, 2023. "Ultra-fast broadband access and productivity: Evidence from Italian firms," International Journal of Industrial Organization, Elsevier, vol. 86(C).
    8. Michele Ubaldi & Matteo Picchio, 2024. "In the wrong place at the wrong time. The impact of mass shooting exposure on mental health," Working Papers 491, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    9. Goeyvaerts, Geert, 2023. "Reconstructing cities: Stimulating redevelopment through the tax code," Regional Science and Urban Economics, Elsevier, vol. 99(C).
    10. Cl'ement de Chaisemartin & Xavier D'Haultf{oe}uille, 2021. "Two-Way Fixed Effects and Differences-in-Differences with Heterogeneous Treatment Effects: A Survey," Papers 2112.04565, arXiv.org, revised Jun 2022.
    11. Schoner, Florian & Mergele, Lukas & Zierow, Larissa, 2024. "Grading student behavior," Labour Economics, Elsevier, vol. 90(C).
    12. Marcus Roller, Daniel Steinberg, 2023. "Differences-in-Differences with multiple Treatments under Control," Diskussionsschriften credresearchpaper41, Universitaet Bern, Departement Volkswirtschaft - CRED.
    13. Melnik, Walter & Smyth, Andrew, 2024. "R&D tax credits and innovation," Journal of Public Economics, Elsevier, vol. 236(C).
    14. Cl'ement de Chaisemartin & Xavier D'Haultfoeuille & F'elix Pasquier & Doulo Sow & Gonzalo Vazquez-Bare, 2022. "Difference-in-Differences Estimators for Treatments Continuously Distributed at Every Period," Papers 2201.06898, arXiv.org, revised Jul 2024.
    15. Chabé-Ferret, Sylvain & Reynaud, Arnaud & Tène, Eva, 2021. "Water Quality, Policy Diffusion Effects and Farmers’ Behavior," TSE Working Papers 21-1229, Toulouse School of Economics (TSE).
    16. Roth, Jonathan & Sant’Anna, Pedro H.C. & Bilinski, Alyssa & Poe, John, 2023. "What’s trending in difference-in-differences? A synthesis of the recent econometrics literature," Journal of Econometrics, Elsevier, vol. 235(2), pages 2218-2244.
    17. Marcel Henkel, Eunjee Kwon, Pierre Magontier, 2022. "The Unintended Consequences of Post-Disaster Policies for Spatial Sorting," Diskussionsschriften credresearchpaper37, Universitaet Bern, Departement Volkswirtschaft - CRED.
    18. Mounu Prem & Juan Vargas & Miguel E. Purroy, 2021. "Landmines: The Local Effects of Demining," Empirical Studies of Conflict Project (ESOC) Working Papers 28, Empirical Studies of Conflict Project.
    19. Christian Aleman & Christopher Busch & Alexander Ludwig & Raul Santaeulalia-Llopis, 2022. "A Stage-Based Identification of Policy Effects," PIER Working Paper Archive 22-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    20. de Chaisemartin, Clément & D’Haultfœuille, Xavier, 2023. "Two-way fixed effects and differences-in-differences estimators with several treatments," Journal of Econometrics, Elsevier, vol. 236(2).

    Corrections

    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:rensus:v:203:y:2024:i:c:s1364032124005276. 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/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.