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

Author

Listed:
  • Hiroyuki Shibusawa

    (Toyohashi University of Technology)

  • Daichi Matsushima

    (Toyohashi University of Technology)

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.

Suggested Citation

  • Hiroyuki Shibusawa & Daichi Matsushima, 2022. "Assessing the economic impact of tsunami and nuclear power plant disasters in Shizuoka, Japan: a dynamic inter-regional input–output (IRIO) approach," Asia-Pacific Journal of Regional Science, Springer, vol. 6(1), pages 307-333, February.
    • Handle: RePEc:spr:apjors:v:6:y:2022:i:1:d:10.1007_s41685-021-00196-6
    DOI: 10.1007/s41685-021-00196-6
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    References listed on IDEAS

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    Cited by:

    1. Yoshiro Higano & Akihiro Otsuka, 2022. "Special Feature on Regional Sustainability: analysis in a spatial and regional context with broad perspectives on the risk of global warming, natural disasters, and emerging issues due to the globaliz," Asia-Pacific Journal of Regional Science, Springer, vol. 6(1), pages 239-245, February.

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    More about this item

    Keywords

    Tsunami; Nuclear power plant; Economic damage; Resilience; Inter-regional input–output analysis (IRIO);
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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