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We treat the Canterbury (Christchurch) earthquake sequence as a potential source of new risk information to home buyers in New Zealand. We compare pre- and post-earthquake sales of properties in two other urban areas of the country (one with high and one with low seismicity) to estimate how the...
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Published as: Motu Working Paper 14-13 Motu Economic and Public Policy Research, November 2014
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The destructive impact of the Great East Japan Earthquake and subsequent tsunami on March 11, 2011 has enhanced consumer's earthquake preparedness even in unaffected areas. This paper uses unique survey data collected after the earthquake to study how consumers reacted to this catastrophic...
Persistent link: https://www.econbiz.de/10010602549
本稿は、大阪府の東部を南北に走る上町断層帯周辺の地価形成に関する実証分析を通じて、活断層リスクがどの程度認知されてきたのかを検証している。上町断層帯の両側2km...
Persistent link: https://www.econbiz.de/10008679189
In 2014, China will pilot its first earthquake insurance program, and the inhabitants’ perception of earthquake risk in the pilot area is significant for the implementation of this plan. In this study, the authors conducted a field survey in four districts in the insurance pilot area to...
Persistent link: https://www.econbiz.de/10011151648
The year 2008 witnessed the renewed interests in earthquake risk management and insurance in the People's Republic of China (PRC), after the Wenchuan earthquake hit the country in May. Located along the southeastern edge of the Euro-Asian Plate, the PRC has a relatively high seismicity, which is...
Persistent link: https://www.econbiz.de/10008562612
Purpose With the marked increase in the awareness of earthquake risks following the Canterbury earthquakes, the purpose of this paper is to assess if the reassessment of risk has influenced rents for office accommodation in commercial buildings. Two contrasting office markets are examined: New...
Persistent link: https://www.econbiz.de/10014898846
Purpose – The purpose of this paper is to explore the changes in commercial office occupiers’ preferences in their building choice as a result of a recent natural disaster which triggered policy changes in building safety. Design/methodology/approach – This study follows a qualitative...
Persistent link: https://www.econbiz.de/10014899003