The DOI matches its Crossref record; 59 of the 59 references it cites were found in a registry or an index.
Supply Chain Disruptions: Evidence from the Great East Japan Earthquake*
Abstract
Exploiting the exogenous and regional nature of the Great East Japan Earthquake of 2011, this article provides a quantification of the role of input-output linkages as a mechanism for the propagation and amplification of shocks. We document that the disruption caused by the disaster propagated upstream and downstream along supply chains, affecting the direct and indirect suppliers and customers of disaster-stricken firms. Using a general equilibrium model of production networks, we then obtain an estimate for the overall macroeconomic impact of the disaster by taking these propagation effects into account. We find that the earthquake and its aftermaths resulted in a 0.47 percentage point decline in Japan’s real GDP growth in the year following the disaster.
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Citations
Cites
Power-Law Distributions in Empirical Data
Clauset, A., Shalizi, C. R., & Newman, M. E. J. (2009) · SIAM Review · doi:10.1137/070710111 · Cited by 8,019
Power-law distributions in empirical data
Clauset, A. J., Shalizi, C. R., & Newman, M. E. J. (2018) · Figshare · doi:10.1184/r1/6586835.v1 · Cited by 6,504
The Network Origins of Aggregate Fluctuations
(2012) · Econometrica · doi:10.3982/ecta9623 · Cited by 2,198
Long, & Plosser, C. I. (1983) · Journal of Political Economy · doi:10.1086/261128 · Cited by 1,958
The macroeconomic consequences of disasters
Noy, I. (2009) · Journal of Development Economics · doi:10.1016/j.jdeveco.2008.02.005 · Cited by 1,353
The Granular Origins of Aggregate Fluctuations
(2011) · Econometrica · doi:10.3982/ecta8769 · Cited by 1,331
Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks *
Barrot, J.-N., & Sauvagnat, J. (2016) · The Quarterly Journal of Economics · doi:10.1093/qje/qjw018 · Cited by 1,329
The 1990s in Japan: A Lost Decade
Hayashi, F., & Prescott, E. C. (2002) · Review of Economic Dynamics · doi:10.1006/redy.2001.0149 · Cited by 820
NBER Macroeconomics Annual 2005
(2006) · The MIT Press eBooks · doi:10.7551/mitpress/4907.001.0001 · Cited by 718
“Productivity and Misallocation in General Equilibrium”
Baqaee, D. R., & Farhi, E. (2020) · The Quarterly Journal of Economics · doi:10.1093/qje/qjz030 · Cited by 648
Metadata
- Authors
- Carvalho, V. M., Nirei, M., Saito, Y. U., & Tahbaz-Salehi, A.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2020-12-10
- Volume
- 136
- Issue
- 2
- Pages
- 1255-1321
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W3112933685
- Cited by
- 939
- References
- 59
- FWCI
- 88.79
- Type
- journal article
- Language
- en
- Open access
- closed
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- Carvalho, V. M., Nirei, M., Saito, Y. U., & Tahbaz-Salehi, A. (2021). Supply Chain Disruptions: Evidence from the Great East Japan Earthquake*. The Quarterly Journal of Economics. https://doi.org/10.1093/qje/qjaa044
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