Impact of Recent Crises and Disasters on Regional Production Networks and Trade in Japan

Mitsuyo Ando ()
Additional contact information
Mitsuyo Ando: Keio University

Chapter Chapter 6 in Resilience and Recovery in Asian Disasters, 2015, pp 107-124 from Springer

Abstract: Abstract This chapter sheds light on Japanese production networks and markets in machinery industries during crisis, focusing on the effects of the economic crisis and 3.11 disaster from the viewpoint of Japan’s exports. The chapter first decomposes changes in machinery exports into extensive and intensive margins and then examines the probability of trade declines and recoveries in order to capture the natures of international production/distribution networks under the crises (the 2008–2009 Global Financial Crisis and the 2011 Great East Japan Earthquake). It also discusses domestic activities as well as the impacts of the 2011 Thailand floods. Moreover, considering that the 2011 earthquake was not only a natural disaster but also a technological disaster that seriously affected Japan’s agriculture and food exports, I also investigate its impact on exports. Whether demand shock or supply shock, disasters and crises revealed the stability and robustness of production networks in machinery sectors. However, their negative impacts are severe and transmitted through production networks at the beginning. I conclude with various policy implications from research on these crises.

Keywords: Global Financial Crisis; Production Network; Extensive Margin; Disaster Area; Intensive Margin (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:rischp:978-4-431-55022-8_6

Ordering information: This item can be ordered from
http://www.springer.com/9784431550228

DOI: 10.1007/978-4-431-55022-8_6

Access Statistics for this chapter

More chapters in Risk, Governance and Society from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().