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Title:	Natural Disasters, Technologies, and Operating Performance
Authors:	李曉惠 Lee, Hsiao-Hui Hsu, Po-Hsuan* Peng, Shu-Cing Yi, Long
Contributors:	資管系
Date:	2018-01
Issue Date:	2019-10-30 11:13:05 (UTC+8)
Abstract:	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.
Relation:	The Review of Economics and Statistics, Vol.100, No.4, pp.619-630
Data Type:	article
DOI 連結:	https://doi.org/10.1162/rest_a_00738
DOI:	10.1162/rest_a_00738
Appears in Collections:	[資訊管理學系] 期刊論文

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