Disentangling the effects of multiple treatments—Measuring the net economic impact of the 1995 great Hanshin-Awaji earthquake

Hiroshi Fujiki and Cheng Hsiao

Journal of Econometrics, 2015, vol. 186, issue 1, 66-73

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, natural disaster, measurement without theory (search for similar items in EconPapers)
JEL-codes: C18 C23 C52 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (22)

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Working Paper: Disentangling the Effects of Multiple Treatments - Measuring the Net Economic Impact of the 1995 Great Hanshin-Awaji Earthquake (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:econom:v:186:y:2015:i:1:p:66-73

DOI: 10.1016/j.jeconom.2014.10.010

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