Disentangling the Effects of Multiple Treatments - Measuring the Net Economic Impact of the 1995 Great Hanshin-Awaji Earthquake

Hiroshi Fujiki and Cheng Hsiao
Additional contact information
Cheng Hsiao: Professor, Department of Economics, University of Southern California (E-mail: chsiao@usc.edu)

No 13-E-03, IMES Discussion Paper Series from Institute for Monetary and Economic Studies, Bank of Japan

Abstract: We propose a panel data approach to disentangle the impact of "one treatment" from the "other treatment" when the observed outcomes are subject to both treatments. We use the Great Hanshin-Awaji earthquake that took place on January 17, 1995 to illustrate our methodology. We find that there were no persistent earthquake effects. The observed persistent effects are due to structural change in Hyogo prefecture.

Keywords: Multiple Treatment Effects; Panel Data; Great Hanshin-Awaji Earthquake (search for similar items in EconPapers)
JEL-codes: C18 C23 C52 (search for similar items in EconPapers)
Date: 2013-06
New Economics Papers: this item is included in nep-ecm
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Disentangling the effects of multiple treatments—Measuring the net economic impact of the 1995 great Hanshin-Awaji earthquake (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ime:imedps:13-e-03

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