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Experience of technological and natural disasters and their impact on the perceived risk of nuclear accidents after the Fukushima nuclear disaster in Japan 2011: A cross-country analysis

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  • Yamamura, Eiji

Abstract

This paper uses cross-country data compiled immediately after the Fukushima nuclear accident to investigate how the experience of such disasters affects the perception of the risk of nuclear accidents. Estimation results show that the perceived risk of a nuclear accident is positively associated with experiencing technological disasters but not with that of natural disasters.

Suggested Citation

  • Yamamura, Eiji, 2012. "Experience of technological and natural disasters and their impact on the perceived risk of nuclear accidents after the Fukushima nuclear disaster in Japan 2011: A cross-country analysis," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(4), pages 360-363.
    • Handle: RePEc:eee:soceco:v:41:y:2012:i:4:p:360-363
    DOI: 10.1016/j.socec.2012.04.002
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    1. W. Viscusi & Richard Zeckhauser, 2006. "National survey evidence on disasters and relief: Risk beliefs, self-interest, and compassion," Journal of Risk and Uncertainty, Springer, vol. 33(1), pages 13-36, September.
    2. Eva M. Berger, 2010. "The Chernobyl Disaster, Concern about the Environment, and Life Satisfaction," Kyklos, Wiley Blackwell, vol. 63(1), pages 1-8, February.
    3. Zeckhauser, Richard J, 1996. "The Economics of Catastrophes," Journal of Risk and Uncertainty, Springer, vol. 12(2-3), pages 113-140, May.
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    5. Matthew Kahn, 2007. "Environmental disasters as risk regulation catalysts? The role of Bhopal, Chernobyl, Exxon Valdez, Love Canal, and Three Mile Island in shaping U.S. environmental law," Journal of Risk and Uncertainty, Springer, vol. 35(1), pages 17-43, August.
    6. Colin F. Camerer & Howard Kunreuther, 1989. "Decision processes for low probability events: Policy implications," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 8(4), pages 565-592.
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    Citations

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    Cited by:

    1. Eiji Yamamura & Chisako Yamane & Shoko Yamane & Yoshiro Tsutsui, 2022. "Effect of major disasters on geographic mobility intentions: the case of the Fukushima nuclear accident," Chapters, in: Mark Skidmore (ed.), Handbook on the Economics of Disasters, chapter 14, pages 275-291, Edward Elgar Publishing.
    2. Hosoya, Kei, 2016. "Recovery from natural disaster: A numerical investigation based on the convergence approach," Economic Modelling, Elsevier, vol. 55(C), pages 410-420.
    3. Goebel, Jan & Krekel, Christian & Tiefenbach, Tim & Ziebarth, Nicolas R., 2013. "Natural Disaster, Policy Action, and Mental Well-Being: The Case of Fukushima," IZA Discussion Papers 7691, Institute of Labor Economics (IZA).
    4. Bart Vyncke & Tanja Perko & Baldwin Van Gorp, 2017. "Information Sources as Explanatory Variables for the Belgian Health‐Related Risk Perception of the Fukushima Nuclear Accident," Risk Analysis, John Wiley & Sons, vol. 37(3), pages 570-582, March.
    5. Seoyong Kim & Seol A. Kwon & Jae Eun Lee & Byeong-Cheol Ahn & Ju Ho Lee & Chen An & Keiko Kitagawa & Dohyeong Kim & Jaesun Wang, 2020. "Analyzing the Role of Resource Factors in Citizens’ Intention to Pay for and Participate in Disaster Management," Sustainability, MDPI, vol. 12(8), pages 1-25, April.
    6. Lee, You-Kyung, 2020. "Sustainability of nuclear energy in Korea: From the users’ perspective," Energy Policy, Elsevier, vol. 147(C).
    7. Jan Goebel & Christian Krekel & Tim Tiefenbach & Nicolas Ziebarth, 2015. "How natural disasters can affect environmental concerns, risk aversion, and even politics: evidence from Fukushima and three European countries," Journal of Population Economics, Springer;European Society for Population Economics, vol. 28(4), pages 1137-1180, October.
    8. George Halkos & Argyro Zisiadou, 2020. "An Overview of the Technological Environmental Hazards over the Last Century," Economics of Disasters and Climate Change, Springer, vol. 4(2), pages 411-428, July.
    9. Eiji Yamamura & Yoshiro Tsutsui, 2021. "How does COVID-19 change insurance and vaccine demand? Evidence from short-panel data in Japan," Papers 2101.08922, arXiv.org.
    10. Seoyong Kim & Sunhee Kim, 2017. "Impact of the Fukushima Nuclear Accident on Belief in Rumors: The Role of Risk Perception and Communication," Sustainability, MDPI, vol. 9(12), pages 1-21, November.
    11. Seoyong Kim & Jae Eun Lee & Donggeun Kim, 2019. "Searching for the Next New Energy in Energy Transition: Comparing the Impacts of Economic Incentives on Local Acceptance of Fossil Fuels, Renewable, and Nuclear Energies," Sustainability, MDPI, vol. 11(7), pages 1-32, April.

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    More about this item

    Keywords

    Technological disaster; Natural disaster; Nuclear accidents; Risk; Fukushima accidents; Perception; Bayesian learning;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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