Disentangling the effects of multiple treatments—Measuring the net economic impact of the 1995 great Hanshin-Awaji earthquake

We propose a panel data approach to disentangle the impact of “one treatment” from the “other treatment” when the observed outcomes are subject to both treatments. We use the Great Hanshin-Awaji earthquake that took place on January 17, 1995 to illustrate our methodology. We find that there were no persistent earthquake effects. The observed persistent effects are due to structural change in Hyogo prefecture.

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Year of publication:	2015
Authors:	Fujiki, Hiroshi ; Hsiao, Cheng
Published in:	Journal of Econometrics. - Elsevier, ISSN 0304-4076. - Vol. 186.2015, 1, p. 66-73
Publisher:	Elsevier
Subject:	Multiple treatment effects \| Panel data \| Great Hanshin-Awaji earthquake \| natural disaster \| measurement without theory

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Type of publication:	Article
Classification:	c18 ; C23 - Models with Panel Data ; C52 - Model Evaluation and Testing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011209284