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Policy-relevant assessment method of socio-economic impacts of floods: An Italian case study

Farinosi, Fabio; Carrera, Lorenzo; Maziotis, Alexandros; … - 2012

This paper estimates the direct and indirect socio-economic impacts of the 2000 flood that took place in the Po river … study is of great interest to those who are interested in estimating the economic impact of flood events. It can also assist … specifically, to help them understand how to reduce social vulnerability to flood events. …

Persistent link: https://www.econbiz.de/10010294265

Why are concavity conditions not satisfied in the cost function? The case of Japanese manufacturing firms during the bubble period

Ogawa, Kazuo - 2008

This paper examines empirically some of the reasons why Japanese manufacturing firms frequently fail to satisfy concavity conditions of the cost function. We focus on the 'bubble period' in the 1980s when land was in great demand for reasons related to both production and speculation, and land...

Persistent link: https://www.econbiz.de/10010332199

Asset price fluctuations in Japan: 1980 - 2000

Nakajima, Tomoyuki - 2003

A notable feature of the Japanese economy in the last two decades is the large fluctuations in asset prices. We examine whether they can by accounted for by a stochastic growth model with habit persistence and costly capital adjustment. For the real estate price, people’s expectations on the...

Persistent link: https://www.econbiz.de/10010318972

Coordination under uncertain conditions: An analysis of the Fukushima catastrophe

Aoki, Masahiko; Rothwell, Geoffrey - 2011

Japan, which were amplified by a failure of coordination across the plant, corporate, industrial, and regulatory levels … in Japan. We propose a transitory price mechanism that can restrain price volatility while providing investment …

Persistent link: https://www.econbiz.de/10010286123

The impacts of natural disasters on global supply chains

Ye, Linghe; Abe, Masato - 2012

Persistent link: https://www.econbiz.de/10010287909

Well-being effects of a major negative externality: The case of Fukushima

Rehdanz, Katrin; Heinz, Welsch; Naritaa, Daiju; Okubod, … - 2013

Following a major earthquake off the Pacific coast of Japan, a tsunami disabled the power supply and cooling of three …-in-differences approach we use panel data for 5,979 individuals interviewed in Japan before and after the accident to analyze the effect of …

Persistent link: https://www.econbiz.de/10010435688

Ease vs. Noise: On the Conflicting Effects of Transportation Infrastructure

Ahlfeldt, Gabriel; Nitsch, Volker; Wendland, Nicolai - 2016

Many transport technologies cause a gnot ]in ]my ]backyard h (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi ]experimental research methods to disentangle the offsetting noise and...

Persistent link: https://www.econbiz.de/10011555500

The vicious circles of development through dependence. An interpretation of the Romanian nineteenth century economy

Velicu, Dan - In: CES Working Papers 10 (2018) 3, pp. 371-395

In the last decades, the academic debate on the origins of the economic gap between nations divided deeply historians, sociologists and economists as well. Dependencia theorists pointed exogenous causes for Latin American backwardness while the revisionists emphasized endogenous causes. Finished...

Persistent link: https://www.econbiz.de/10012017380

Hedonic price function for residential area focusing on the reasons for residential preferences in Japanese metropolitan areas

Sasaki, Mitsuru; Yamamoto, Kayoko - In: Journal of Risk and Financial Management 11 (2018) 3, pp. 1-18

This study aims to offer a new estimate of the hedonic price function of residential areas in Japanese metropolitan areas, focusing on the reasons for residential preferences. More specifically, it introduces two new explanatory variables-'regional vulnerability' and 'accessibility to...

Persistent link: https://www.econbiz.de/10012611031

Ease vs. noise: Long-run changes in the value of transport (dis)amenities

Ahlfeldt, Gabriel M.; Nitsch, Volker; Wendland, Nicolai - 2019

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We use difference-in-differences and spatial differencing to estimate the land...

Persistent link: https://www.econbiz.de/10012169067

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