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Production Recovery of Fishery and Seafood Manufacturing After the Disaster in Japan: Economic Evaluation Using Dynamic CGE Model

  • Yuko AkuneEmail author
Chapter
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Part of the New Frontiers in Regional Science: Asian Perspectives book series (NFRSASIPER, volume 11)

Abstract

The purpose of this chapter is to evaluate the economic effects of the recovery of fishery and seafood manufacturing after the disaster in Japan under depopulation by employing a dynamic Computable General Equilibrium (CGE) model. We confirmed a clear contrast between the production recovery of seafood manufacturers in Iwate and Miyagi Prefectures after the Great East Japanese Earthquake (GEJE) of 2011. The economic evaluation involves setting up simulation scenarios based on actual recovery evidence after GEJE. The results of five simulations indicated the following five points. (1) The disaster accelerated problems caused by depopulation. (2) Prompt capital restoration and production recovery contributed to shortening the period of output loss. (3) The degree of output recovery of the downstream industry was faster than that of the upstream industry. (4) No scenario based on GEJE evidence was sufficient to reach base scenario without disaster. (5) Stepwise production recoveries contributed to increases not only in specific industries but also economic welfare in the long term.

Keywords

Production recovery Fish food system Geographic concentration Great East Japan Earthquake Dynamic CGE model 

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Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  1. 1.Faculty of Economics and Business AdministrationReitaku UniversityKashiwaJapan

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