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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11711 |
DP11711 Supply Chain Disruptions: Evidence from the Great East Japan Earthquake | |
Vasco Carvalho; Makoto Nirei; Yukiko Saito; Alireza Tahbaz-Salehi | |
发表日期 | 2016-12-14 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Exploiting the exogenous and regional nature of the Great East Japan Earthquake of 2011, this paper provides a quantification of the role of input-output linkages as a mechanism for the propagation and amplification of shocks. We document that the disruption caused by the disaster propagated upstream and downstream supply chains, affecting the direct and indirect suppliers and customers of disaster-stricken firms. Using a general equilibrium model of production networks, we then obtain an estimate for the overall macroeconomic impact of the disaster by taking these propagation effects into account. We find that the earthquake and its aftermaths resulted in a 0.47 percentage point decline in Japan’s real GDP growth in the year following the disaster. |
主题 | Monetary Economics and Fluctuations |
关键词 | Input-output Natural disasters Production networks Supply chains Aggregate fluctuations |
URL | https://cepr.org/publications/dp11711-0 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540525 |
推荐引用方式 GB/T 7714 | Vasco Carvalho,Makoto Nirei,Yukiko Saito,et al. DP11711 Supply Chain Disruptions: Evidence from the Great East Japan Earthquake. 2016. |
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