Advanced Search
MyIDEAS: Login

The Effects of the Great East Japan Earthquake and Policy Priorities for Restoring Economic Growth: Evidence from a survey of Japanese firms (Japanese)

Contents:

Author Info

  • MORIKAWA Masayuki

Abstract

This paper reports results from an original survey of Japanese firms on the effects of the Great East Japan Earthquake on their operations, the countermeasures taken by the affected firms, and the desired policies to restore economic growth. A large number of Japanese firms are affected from the disruption of supply chains. The majority of them are taking measures such as multiplying procurement sources. Rolling blackouts and regulation of electricity usage after the disaster have directly or indirectly affected the firms' operation. Firms' support for the use of price mechanism to reduce electricity demand in the case of electricity supply shortages is very limited, but there is suggestive evidence from the survey that raising electricity prices is an effective measure to reduce demand. Policies for restoring economic growth expected by the firms include stabilization of government debt, reduction of corporate tax, stable supply of electricity, and control of increasing social security contributions. All of these measures are supported by more than 40% of the firms. These results indicate that under the increase in government expenditure for reconstruction from the disaster, anxiety for the sustainability of government debt is serious among firms, and that the increasing social security contribution is a heavy burden for them.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rieti.go.jp/jp/publications/pdp/12p010.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Policy Discussion Papers (Japanese) with number 12010.

as in new window
Length: 28 pages
Date of creation: May 2012
Date of revision:
Handle: RePEc:eti:rpdpjp:12010

Contact details of provider:
Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901
Phone: +81-3-3501-1363
Fax: +81-3-3501-8577
Email:
Web page: http://www.rieti.go.jp/
More information through EDIRC

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. MORIKAWA Masayuki, 2013. "What Type of Policy Uncertainty Matters for Business?," Discussion papers 13076, Research Institute of Economy, Trade and Industry (RIETI).

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eti:rpdpjp:12010. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (NUKATANI Sorahiko).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.