Natural Disasters, Technologies, and Operating Performance

Title	Natural Disasters, Technologies, and Operating Performance
Creator	李曉惠 Lee, Hsiao-Hui Hsu, Po-Hsuan* Peng, Shu-Cing Yi, Long
Contributor	資管系
Date	2018-01
Date Issued	30-Oct-2019 11:13:05 (UTC+8)
Summary	In this paper, we empirically measure the impact of natural disasters on firm-level operating performance and examine if such impact can be mitigated by technology diversification. Using major natural disasters specified by Barrot and Sauvagnat (2015) and factory location data from the toxic release inventory (TRI) database, we first find that firms with factories located in states affected by natural disasters are much less profitable. Second, we find that firms with diversified technologies are significantly less subject to the impact of natural disasters, suggesting that technology diversity enhances firms’ sustainability.
Relation	The Review of Economics and Statistics, Vol.100, No.4, pp.619-630
Type	article
DOI	https://doi.org/10.1162/rest_a_00738

dc.contributor	資管系
dc.creator (作者)	李曉惠
dc.creator (作者)	Lee, Hsiao-Hui
dc.creator (作者)	Hsu, Po-Hsuan*
dc.creator (作者)	Peng, Shu-Cing
dc.creator (作者)	Yi, Long
dc.date (日期)	2018-01
dc.date.accessioned	30-Oct-2019 11:13:05 (UTC+8)	-
dc.date.available	30-Oct-2019 11:13:05 (UTC+8)	-
dc.date.issued (上傳時間)	30-Oct-2019 11:13:05 (UTC+8)	-
dc.identifier.uri (URI)	http://nccur.lib.nccu.edu.tw/handle/140.119/127171	-
dc.description.abstract (摘要)	In this paper, we empirically measure the impact of natural disasters on firm-level operating performance and examine if such impact can be mitigated by technology diversification. Using major natural disasters specified by Barrot and Sauvagnat (2015) and factory location data from the toxic release inventory (TRI) database, we first find that firms with factories located in states affected by natural disasters are much less profitable. Second, we find that firms with diversified technologies are significantly less subject to the impact of natural disasters, suggesting that technology diversity enhances firms’ sustainability.
dc.format.extent	125 bytes	-
dc.format.mimetype	text/html	-
dc.relation (關聯)	The Review of Economics and Statistics, Vol.100, No.4, pp.619-630
dc.title (題名)	Natural Disasters, Technologies, and Operating Performance
dc.type (資料類型)	article
dc.identifier.doi (DOI)	10.1162/rest_a_00738
dc.doi.uri (DOI)	https://doi.org/10.1162/rest_a_00738