This paper studies the mechanism of volunteer labor supply using panel data gathered during the period before and after the Great East Japan Earthquake and Tsunami, which occurred on March 11. 2011, The results obtained from descriptive statistics and random probit model estimates show that the lower the opportunity costs of workers were. the more inclined they were to participate in volunteer activities prior to the earthquake. However, the data also suggests that this trend had become reversed during the period following the earthquake. This shift indicates that besides opportunity costs, factors such as altruistic and philanthropic sentiment may have inspired people to volunteer, particularly when serious conditions necessitate urgent assistance.
|Number of pages||9|
|Publication status||Published - 2012|
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)