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Short and long run effects of earthquakes on farm businesses in Indonesia

Marta Menéndez and Jérémie Gignoux

No 182721, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists

Abstract: This paper studies the impact of earthquakes on farm business assets in rural Indonesia. Using a panel fixed effects model, we evaluate if the negative consequences of earthquakes extend beyond the immediate event into the medium and long-term. Our results suggest that rural households were able to recover in the medium-run, and even exhibit welfare gains in the long-run. Productive assets in farm businesses were on average reconstituted and even increased in the medium-run. Thus, reconstruction strategies after large earthquakes seem to provide incentives to small farm business holders to reconstitute and increase their investments.

Keywords: Community/Rural/Urban Development; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 13
Date: 2014-08
New Economics Papers: this item is included in nep-sea
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Citations: View citations in EconPapers (1)

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Working Paper: Short and Long Run Effects of Earthquakes on Farm Businesses in Indonesia (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae14:182721

DOI: 10.22004/ag.econ.182721

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