Earthquake risk in Japan: Consumers' risk mitigation responses after the Great East Japan earthquake

Michio Naoi, Miki Seko, Takuya Ishino

研究成果: Review article査読

9 被引用数 (Scopus)

抄録

The destructive impact of the Great East Japan Earthquake and subsequent tsunami on March 11, 2011 has enhanced consumer's earthquake preparedness even in unaffected areas. This paper uses unique survey data collected after the earthquake to study how consumers reacted to this catastrophic event. We find that self-reported, perceived preparedness for natural disasters has significantly improved even among low-income households after March 11, but that post-quake intentions for more specific risk mitigation activities were systematically associated with household income and wealth levels. Our results indicate that the recent events might have widened the gap in disaster preparedness between rich and poor.

本文言語English
ページ(範囲)519-530
ページ数12
ジャーナルJournal of Economic Issues
46
2
DOI
出版ステータスPublished - 2012 6
外部発表はい

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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