Research on the economic development impact of earthquake disaster in China

As one of the areas with frequent earthquake disasters, China’s social stability and sustained and healthy economic development have been profoundly affected for a long time. Based on the two-way fixed effect model and a series of deterministic indicators of economic development, including education...

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Main Authors: Deng Guoqu, Si Jianbin, Li Li, Chen Hu
Format: Article
Language:English
Published: EDP Sciences 2022-01-01
Series:MATEC Web of Conferences
Subjects:
Online Access:https://www.matec-conferences.org/articles/matecconf/pdf/2022/02/matecconf_icpcm2022_02043.pdf
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author Deng Guoqu
Si Jianbin
Li Li
Chen Hu
author_facet Deng Guoqu
Si Jianbin
Li Li
Chen Hu
author_sort Deng Guoqu
collection DOAJ
description As one of the areas with frequent earthquake disasters, China’s social stability and sustained and healthy economic development have been profoundly affected for a long time. Based on the two-way fixed effect model and a series of deterministic indicators of economic development, including education level, economic development, financial development, fixed asset investment and permanent population, this paper designs a standard regression equation for estimating growth and uses time series panel data to analyze the impact of earthquake disasters on China’s economic development. The research results show that the earthquake disaster has an insignificant positive impact on China’s GDP. From the point of view of control variables, education level and financial development level have a positive effect on economic development as a whole, but there are certain differences in the degree of influence. The degree of trade openness has a significant impact on GDP, industry and service industries. Moreover, it has a negative impact on agricultural development.
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spelling doaj.art-ff0c22b90ca44e2498242ad23e7e41122022-12-21T19:50:24ZengEDP SciencesMATEC Web of Conferences2261-236X2022-01-013550204310.1051/matecconf/202235502043matecconf_icpcm2022_02043Research on the economic development impact of earthquake disaster in ChinaDeng GuoquSi Jianbin0Li Li1Chen Hu2School of Management, Henna University of Science and TechnologySchool of Management, Henna University of Science and TechnologySchool of Management, Henna University of Science and TechnologyAs one of the areas with frequent earthquake disasters, China’s social stability and sustained and healthy economic development have been profoundly affected for a long time. Based on the two-way fixed effect model and a series of deterministic indicators of economic development, including education level, economic development, financial development, fixed asset investment and permanent population, this paper designs a standard regression equation for estimating growth and uses time series panel data to analyze the impact of earthquake disasters on China’s economic development. The research results show that the earthquake disaster has an insignificant positive impact on China’s GDP. From the point of view of control variables, education level and financial development level have a positive effect on economic development as a whole, but there are certain differences in the degree of influence. The degree of trade openness has a significant impact on GDP, industry and service industries. Moreover, it has a negative impact on agricultural development.https://www.matec-conferences.org/articles/matecconf/pdf/2022/02/matecconf_icpcm2022_02043.pdfearthquake disastereconomic developmentimpact analysis
spellingShingle Deng Guoqu
Si Jianbin
Li Li
Chen Hu
Research on the economic development impact of earthquake disaster in China
MATEC Web of Conferences
earthquake disaster
economic development
impact analysis
title Research on the economic development impact of earthquake disaster in China
title_full Research on the economic development impact of earthquake disaster in China
title_fullStr Research on the economic development impact of earthquake disaster in China
title_full_unstemmed Research on the economic development impact of earthquake disaster in China
title_short Research on the economic development impact of earthquake disaster in China
title_sort research on the economic development impact of earthquake disaster in china
topic earthquake disaster
economic development
impact analysis
url https://www.matec-conferences.org/articles/matecconf/pdf/2022/02/matecconf_icpcm2022_02043.pdf
work_keys_str_mv AT dengguoqu researchontheeconomicdevelopmentimpactofearthquakedisasterinchina
AT sijianbin researchontheeconomicdevelopmentimpactofearthquakedisasterinchina
AT lili researchontheeconomicdevelopmentimpactofearthquakedisasterinchina
AT chenhu researchontheeconomicdevelopmentimpactofearthquakedisasterinchina