Short and Long Run Effects of Earthquakes on Farm Businesses in Indonesia
Gignoux, Jérémie; Menéndez, Marta (2014-08), Short and Long Run Effects of Earthquakes on Farm Businesses in Indonesia, EAAE 2014 Congress : "Agri-Food and Rural Innovations for Healthier Societies", 2014-08, Ljubljana, Slovenia
TypeCommunication / Conférence
Conference titleEAAE 2014 Congress : "Agri-Food and Rural Innovations for Healthier Societies"
MetadataShow full item record
Abstract (EN)This paper studies the impact of earthquakes on farm business assets in rural Indonesia. Using a panel fixed effects model, we evaluate if the negative consequences of earthquakes extend beyond the immediate event into the medium and long-term. Our results suggest that rural households were able to recover in the medium -run, and even exhibit welfare gains in the long-run. Productive assets in farm businesses were on average reconstituted and even increased in the medium-run. Thus, reconstruction strategies after large earthquakes seem to provide incentives to small farm business holders to reconstitute and increase their investments.
Subjects / KeywordsNatural disasters; long-term effects; recovery; farm businesses
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Fields, Gary S.; Cichello, Paul; Freije, Samuel; Menéndez, Marta; Newhouse, David (2003) Article accepté pour publication ou publié