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題名 Natural Disasters, Technologies, and Operating Performance
作者 李曉惠
Lee, Hsiao-Hui
Hsu, Po-Hsuan*
Peng, Shu-Cing
Yi, Long
貢獻者 資管系
日期 2018-01
上傳時間 30-十月-2019 11:13:05 (UTC+8)
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.
關聯 The Review of Economics and Statistics, Vol.100, No.4, pp.619-630
資料類型 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 30-十月-2019 11:13:05 (UTC+8)-
dc.date.available 30-十月-2019 11:13:05 (UTC+8)-
dc.date.issued (上傳時間) 30-十月-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