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Natural Hazards and Earth System Sciences An interactive open-access journal of the European Geosciences Union
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Volume 15, issue 10
Nat. Hazards Earth Syst. Sci., 15, 2273–2281, 2015
https://doi.org/10.5194/nhess-15-2273-2015
© Author(s) 2015. This work is distributed under
the Creative Commons Attribution 3.0 License.
Nat. Hazards Earth Syst. Sci., 15, 2273–2281, 2015
https://doi.org/10.5194/nhess-15-2273-2015
© Author(s) 2015. This work is distributed under
the Creative Commons Attribution 3.0 License.

Research article 09 Oct 2015

Research article | 09 Oct 2015

The asymmetric impact of natural disasters on China's bilateral trade

Y. Meng et al.

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Albalabertrand, J. M.: Natural disaster situations and growth – a macroeconomic model for sudden disaster impacts, World Development, 21, 1417–1434, https://doi.org/10.1016/0305-750x(93)90122-p, 1993.
Ando, M. and Kimura, F.: How did the Japanese Exports Respond to Two Crises in the International Production Networks?, The Global Financial Crisis and the Great East Japan Earthquake, Asian Econ. J., 26, 261–287, https://doi.org/10.1111/j.1467-8381.2012.02085.x, 2012.
Auffret, P. and Turk, C.: High Consumption Volatility: The Impact of Natural Disasters?, World Bank, Latin America and the Caribbean Region, Economic Policy Sector Unit, 1–33, 2003.
Da Silva, J. and Cernat, L.: Coping with loss: the impact of natural disasters on developing countries' trade flows, European Commission, 1–6, 2012.
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We propose a gravity model tailed to China’s national circumstances and taking into account the natural disaster impact. China’s natural disasters increase exports, but they have no significant impact on imports. Trading partner countries’ natural disasters reduce Chinese imports and exports. The impact of natural disasters on trade is asymmetric and significantly affected by other factors, like development level and land area.
We propose a gravity model tailed to China’s national circumstances and taking into account...
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