Enterprise Recovery Following Natural Disasters
成果类型：
Article
署名作者：
De Mel, Suresh; McKenzie, David; Woodruff, Christopher
署名单位：
University of Warwick; University of Peradeniya; The World Bank
刊物名称：
ECONOMIC JOURNAL
ISSN/ISSBN：
0013-0133
DOI：
10.1111/j.1468-0297.2011.02475.x
发表日期：
2012
页码：
64-91
关键词：
摘要：
Using unique, panel data and a randomised experiment, we assess the effects of relief aid and access to capital on the recovery of Sri Lankan microenterprises following the December 2004 tsunami. Our results show that a lack of access to capital inhibits the recovery process; firms receiving randomly allocated grants recover profit levels almost 2 years before other damaged firms. Access to capital is particularly important for the retail sector; the role of capital in recovery for manufacturing and services sectors may be limited by disruptions in supply chains. Our data show that business recovery is much slower than commonly assumed, underscoring the role targeted aid may play in hastening microenterprise recovery following such disasters.
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