How resilient is the labour market against natural disaster? Evaluating the effects from the 2010 earthquake in Chile
- PDF / 6,999,323 Bytes
- 53 Pages / 439.37 x 666.142 pts Page_size
- 24 Downloads / 165 Views
How resilient is the labour market against natural disaster? Evaluating the effects from the 2010 earthquake in Chile Maribel Jiménez Martínez1 · Mónica Jiménez Martínez2 · Rocío Romero‑Jarén1 Received: 17 February 2020 / Accepted: 11 August 2020 © Springer Nature B.V. 2020
Abstract Natural disasters are one of the main channels through which ecological and socio-economic systems interact. In particular, the severe impacts of earthquakes could disrupt activities in the labour market. However, the literature barely researched the long-term effects of such events. To investigate this issue, this article is concentrated in Chile that is subject to recurring seismic movements. The 27 February 2010 Bío-Bío Chile earthquake (Mw 8.8) was the second strongest in the history of the country. This natural disaster can be used to evaluate the response of the labour market to an exogenous shock. Besides, the capacity for resilience in the labour market is crucial for people who rely on their job. This document analyses the impacts of the 2010 Bío-Bío earthquake and tsunami on Chilean labour market outcomes, in particular, the quality of employment. With this objective, different data are combined for analysing the effect in the short and long term. Also, distinct econometric techniques and exogenous measurements of seismic acceleration are used. The evidence shows that these catastrophes harmed the labour market in the short term. However, in the long term, the government’s reconstruction efforts and other factors could have attenuated the adverse effects over some variables in the most affected zones. Keywords Natural disasters · Earthquake · Labour markets · Quality of employment · Reconstruction JEL Classification J2 · J3 · J46 · Q54 · O10
* Maribel Jiménez Martínez [email protected] Mónica Jiménez Martínez [email protected] Rocío Romero‑Jarén [email protected] 1
Department of Topographic Engineering and Cartography, Polytechnic University of Madrid, Madrid, Spain
2
External Consultant International Labour Office, Buenos Aires, Argentina
13
Vol.:(0123456789)
Natural Hazards
1 Introduction A natural disaster is an event that can cause a perturbation to the normal functioning of the economic, social and political system of a country. The potential impact (negative or positive) of these events will depend directly on the resilience of a country or region to cope with natural disasters. The economic dimension of resilience refers to the capacity to reduce both direct and indirect economic losses resulting from natural disasters (Bruneau et al. 2003) and differs significantly between developing and developed countries. Since the former group is characterized by poor construction infrastructure and conditions of political, economic and social vulnerability, natural disasters have strong destructive power in these regions. This is compounded by complex socio-economic conditions, political interests and environmental and military instability. Developed countries, on the contrary, have greater resili
Data Loading...
