Magazines |
186 (2015) 66–73 |
Author | Hiroshi Fujiki, Cheng Hsiao |
Content | We propose a panel data approach to disentangle the impact of "one treatment" from the "other treatment" when the observed outcomes are subject to both treatments. We use the Great Hanshin-Awaji
earthquake that took place on January 17, 1995 to illustrate our methodology. We find that there were
no persistent earthquake effects. The observed persistent effects are due to structural change in Hyogo
prefecture. |
JEL-Codes | C18 C23 C52 |
Keywords | Multiple treatment effects Panel data Great Hanshin-Awaji earthquake, natural disaster, measurement without theory |