This article analyzes the economic impact of the 2011 Tōhoku earthquake, focusing on supply chain disruptions. It uses data and statistics to show how shocks reverberated through supply chains, causing significant declines in sales for affected firms both directly and indirectly connected to the disaster area.
The study estimates that the earthquake led to a 0.47 percentage point decrease in Japan's GDP growth, highlighting the critical role of input-output linkages in amplifying the economic impact.
This article analyzes the economic impact of the 2011 Tōhoku earthquake, focusing on supply chain disruptions. It uses data and statistics to show how shocks reverberated through supply chains, causing significant declines in sales for affected firms both directly and indirectly connected to the disaster area.
The study estimates that the earthquake led to a 0.47 percentage point decrease in Japan's GDP growth, highlighting the critical role of input-output linkages in amplifying the economic impact.