Northwestern University - Kellogg School of Management: Localized Natural Disasters Can Hurt an Entire Country’s Economy

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This article's study explores the far-reaching economic effects of supply chain disruptions caused by the 2011 Tōhoku earthquake in Japan. Despite the affected areas contributing only 4.7% of national output, supply chain interdependencies led to a 1.2% decline in Japan's GDP the following year. The findings underscore the critical role of supply chain networks in amplifying localized disaster impacts on broader economies.

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Japanese Title
ノースウェスタン大学ケロッグ経営大学院:局所的な自然災害は国全体の経済に打撃を与える可能性がある
English Title
Northwestern University - Kellogg School of Management: Localized Natural Disasters Can Hurt an Entire Country’s Economy
English Description

This article's study explores the far-reaching economic effects of supply chain disruptions caused by the 2011 Tōhoku earthquake in Japan. Despite the affected areas contributing only 4.7% of national output, supply chain interdependencies led to a 1.2% decline in Japan's GDP the following year. The findings underscore the critical role of supply chain networks in amplifying localized disaster impacts on broader economies.

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https://wayback.archive-it.org/7472/20160601000000/https://insight.kellogg.northwestern.edu/article/economic-impact-of-disasters-on-supply-chains
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https://insight.kellogg.northwestern.edu/article/economic-impact-of-disasters-on-supply-chains