G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11711
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
URLhttps://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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