IDEAS home Printed from https://ideas.repec.org/a/mul/je8794/doi10.1429-76223y2013i2p199-214.html
   My bibliography  Save this article

The short-term effects of Emilia's earthquake on regional economic growth

Author

Listed:
  • Guglielmo Barone
  • Federica Benni
  • Cristina Brasili
  • Sauro Mocetti

Abstract

Between May and June 2012 a series of earthquakes occurred in the Po Valley in Emilia, causing deaths and widespread damages to buildings and manufacturing plants. The negative economic consequences include, beyond direct damages, also indirect costs (e.g. economic loss through production chains with the damaged firms). This paper estimates the overall short-term impact on the GDP growth rate of Emilia-Romagna, the mostly affected region. Using a difference-in-differences approach and a coincident indicator of monthly economic cycle, we estimate a 0.2 percentage points reduction of economic growth rate.

Suggested Citation

  • Guglielmo Barone & Federica Benni & Cristina Brasili & Sauro Mocetti, 2013. "The short-term effects of Emilia's earthquake on regional economic growth," Politica economica, Società editrice il Mulino, issue 2, pages 199-214.
    • Handle: RePEc:mul:je8794:doi:10.1429/76223:y:2013:i:2:p:199-214
    as

    Download full text from publisher

    File URL: https://www.rivisteweb.it/download/article/10.1429/76223
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.rivisteweb.it/doi/10.1429/76223
    Download Restriction: no
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Earthquake; Economic Growth; Difference-in-Differences. JEL classification: R11; Q54.;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mul:je8794:doi:10.1429/76223:y:2013:i:2:p:199-214. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.rivisteweb.it/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.