Assessing the economic impact of tsunami and nuclear power plant disasters in Shizuoka, Japan: a dynamic inter-regional input–output (IRIO) approach

Hiroyuki Shibusawa () and Daichi Matsushima
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Hiroyuki Shibusawa: Toyohashi University of Technology
Daichi Matsushima: Toyohashi University of Technology

Asia-Pacific Journal of Regional Science, 2022, vol. 6, issue 1, No 14, 307-333

Abstract: Abstract Natural disasters cause damage to regional economies. This study investigated how production activities in 35 municipalities of Shizuoka Prefecture recover when such activities stop due to a nuclear power plant disaster and tsunami that may be caused by a Nankai Megathrust Earthquake (NME). We developed a dynamic inter-regional input–output model (IRIO) featuring a production bottleneck due to a shortage of inputs and other goods. Using a simulation model, the economic damage caused by single and combined disasters was evaluated based on several recovery scenarios. The effect of depopulation in Japan on post-disaster recovery processes was also examined. This analysis provides useful disaster preparedness information for local governments and companies.

Keywords: Tsunami; Nuclear power plant; Economic damage; Resilience; Inter-regional input–output analysis (IRIO) (search for similar items in EconPapers)
JEL-codes: Q54 R15 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s41685-021-00196-6

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