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...
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Veröffentlicht in: | Journal of econometrics 2015-05, Vol.186 (1), p.66-73 |
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container_title | Journal of econometrics |
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creator | Fujiki, Hiroshi Hsiao, Cheng |
description | 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. |
doi_str_mv | 10.1016/j.jeconom.2014.10.010 |
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subjects | Earthquakes Econometrics Economic impact Economic impact analysis Economic theory Great Hanshin-Awaji earthquake, natural disaster, measurement without theory Methodology Multiple treatment effects Panel data Structural change Studies |
title | Disentangling the effects of multiple treatments—Measuring the net economic impact of the 1995 great Hanshin-Awaji earthquake |
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