Overview
The project empirically examines the effectiveness of measures such as Business Continuity Plans (BCPs), Business Continuity Management (BCM)、disaster insurance, including business interruption insurance, and loans for small and medium enterprises (SMEs) in Japan. In doing so, we pay particular attention to the possible differences across different types of disasters in terms of the level of difficulty in assessing the risks ex ante. Other possible factors that affect the effectiveness of the measures are also explored. We measure effectiveness both using objective accounting data and subjective data such as businesses’ own perceptions/evaluations. In addition, we examine whether various measures exhibit complementarity or substitutability to identify what form of policy interventions are needed to improve the overall resilience to disasters amongst SMEs and in regional economies.
July 4, 2024 - December 31, 2026
(During the research project period, the research activity period is set from July 4, 2024 , to June 30, 2026, and the data usage reporting period is set from July 1, 2026 to December 31, 2026.)