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In this paper we investigate the long-run relationship between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in particular....
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The Great Hanshin-Awaji (Kobe) earthquake struck Japan in 1995, causing devastating damage to the economic landscape of … south-central Japan. The earthquake also caused people to realize the importance of social capital in Japan. Based on a … earthquake enhanced the investment in social capital through participation in community activity. The differences …
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We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to previous literature, we adopt a within-country perspective, which allows us to use richer and more comparable data and to better define the geographic area hit by the disaster....
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how much this relationship depends on environmental conditions. The Great East Japan Earthquake of 2011 is considered one … probe how the relationship between trust and happiness was influenced by the Great East Japan Earthquake by comparing the … same individuals before and after the earthquake. A fixed-effects estimation showed that there is a statistically well …
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