Earthquake Risk in Japan: Consumers' Risk Mitigation Responses After the Great East Japan Earthquake

Michio Naoi, Miki Seko () and Takuya Ishino

Journal of Economic Issues, 2012, vol. 46, issue 2, 519-530

Abstract: The destructive impact of the Great East Japan Earthquake and subsequent tsunami on March 11, 2011 has enhanced consumer's earthquake preparedness even in unaffected areas. This paper uses unique survey data collected after the earthquake to study how consumers reacted to this catastrophic event. We find that self-reported, perceived preparedness for natural disasters has significantly improved even among low-income households after March 11, but that post-quake intentions for more specific risk mitigation activities were systematically associated with household income and wealth levels. Our results indicate that the recent events might have widened the gap in disaster preparedness between rich and poor.

Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.2753/JEI0021-3624460227 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Earthquake Risk in Japan: Consumers' Risk Mitigation Responses after the Great East Japan Earthquake (2012)
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:mes:jeciss:v:46:y:2012:i:2:p:519-530

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20

DOI: 10.2753/JEI0021-3624460227

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().