Estimating the Effects of West Sumatra Public Asset Insurance Program on Short-Term Recovery after the September 2009 Earthquake

Estimating the Effects of West Sumatra Public Asset Insurance Program on Short-Term Recovery after the September 2009 Earthquake
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评估西苏门答腊公共资产保险计划对 2009 年 9 月地震后短期恢复的影响

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发表时间:
2013
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通讯作者:
P. Raschky
P. Raschky
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作者:
P. Raschky

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本文分析了2009年9月西苏门答腊地震后,西苏门答腊公共资产保险计划对短期经济复苏的影响。我们使用卫星数据的夜间照明强度的年度差异作为经济活动的代理,调查2009年的地震破坏对整体光度的影响,并在2010年恢复的进展。我们的识别策略采用回归不连续(RD)的方法,利用在省级边界的保险覆盖面的不连续性。我们发现一个小的,统计上显着的和积极的影响,在西苏门答腊省的短期复苏的公共保险计划。
This paper analyses the effect of the West Sumatra public asset insurance program on short-term economic recovery after the September 2009 West Sumatra Earthquake. We use satellite data on yearly differences in nighttimelight intensity as a proxy for economic activity, to investigate the effect of the earthquake damage on overall luminosity in 2009 and the progress in recovery in the year 2010. Our identification strategy applies a regression discontinuity (RD) approach that exploits the discontinuity in insurance coverage at the provincial border. We find a small, statistically significant and positive effect of the public insurance scheme on the short-term recovery in West Sumatra.