Medium-run local economic effects of a major earthquake

Información del recurso

Título	Medium-run local economic effects of a major earthquake
Autor(es)	Paula Aguirre, Kenzo Asahi, Diego Diaz-Rioseco, Ignacio Riveros, Rodrigo O Valdés
Línea(s)	Acceso y movilidad
Año de publicación	2022
Revista	Journal of Economic Geography
Palabras claves
Resumen	Existing research is inconclusive regarding the longer-term economic effects of earthquakes. We examine the medium-run impacts of the 2010 earthquake in Chile, the sixth-largest ever recorded, using value-added tax collection as a proxy for economic activity at the municipal level and a measure of local ground-shaking intensity. We find that the affected municipalities suffered a relevant and persistent drop in their economic activity of about 10%, 8–9 years after the event. We discuss the plausibility of the assumption of conditional parallel trends and show that the overall results are robust to using alternative estimation methods.
Doi	https://doi.org/10.1093/jeg/lbac010
Autor de correspondencia	Kenzo Asahi, kasahi@uc.cl