This research project assesses the economic impact of the earthquake and following tsunami that struck the northeastern area of Japan on March 11, 2011. We estimate not only direct damage to fixed capital but also indirect damage to production in the overall Japanese economy due to the supply chain bottleneck caused by the disaster. In addition to these short-term effects, we predict long-term growth effects depending on various scenarios envisioned for the reconstruction process in the disaster-affected area. To pursue this research project we use both regional-industrial level data and firm/enterprise level data. As a by-product of the research, we construct a database based on the Japan Regional Industrial Production Database.
April 19, 2011 - March 31, 2013
Major Research Results
RIETI Discussion Papers
RIETI Policy Discussion Papers