How Do Natural Disasters Affect Regional Innovation?

IF 2.4 3区 经济学 Q1 ECONOMICS
Ziyang Zhan, Dongxing Jia, Kai Wu, Huiming Zhang
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引用次数: 0

Abstract

This study examines the effect of natural disasters on regional innovation in the United States between 1994 and 2018. Using a comprehensive dataset of patents and natural disasters at the county level, we employ a panel-fixed-effects model to estimate the causal impact of disasters on patent applications. Our findings reveal that natural disasters significantly hinder innovation, with patent applications decreasing by 2%–2.4% in 2–4 years after a disaster event. The results remain robust in alternative samples, specifications, and endogeneity tests using propensity score matching and placebo tests. The dynamic effects demonstrate a persistent decline in patenting over time, with no evidence of pretrends. In addition, we find that the negative impact of disasters on innovation is particularly pronounced in counties with lower levels of human capital and financial infrastructure. Our findings suggest that natural disasters disrupt regional innovation systems, divert resources, and impede technological progress.

自然灾害如何影响区域创新?
本研究考察了1994年至2018年间自然灾害对美国区域创新的影响。利用县域专利与自然灾害的综合数据集,采用面板固定效应模型估算灾害对专利申请的因果影响。研究结果显示,自然灾害显著阻碍创新,灾害发生后2-4年内专利申请量下降2%-2.4%。在使用倾向评分匹配和安慰剂测试的替代样本、规格和内生性测试中,结果仍然稳健。动态效应表明,随着时间的推移,专利申请数量持续下降,没有迹象表明存在预先趋势。此外,我们发现灾害对创新的负面影响在人力资本和金融基础设施水平较低的国家尤为明显。研究结果表明,自然灾害破坏了区域创新系统,转移了资源,阻碍了技术进步。
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来源期刊
CiteScore
4.90
自引率
6.70%
发文量
54
期刊介绍: The Journal of Regional Science (JRS) publishes original analytical research at the intersection of economics and quantitative geography. Since 1958, the JRS has published leading contributions to urban and regional thought including rigorous methodological contributions and seminal theoretical pieces. The JRS is one of the most highly cited journals in urban and regional research, planning, geography, and the environment. The JRS publishes work that advances our understanding of the geographic dimensions of urban and regional economies, human settlements, and policies related to cities and regions.
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