Open Access Open Access  Restricted Access Subscription or Fee Access

The Economic Impact from Agricultural Products Loss Caused by Natural Disasters in Taiwan- Regional Input-Output Analysis

Hsing-Chun Lin, Li-Chen Chou

Abstract


Although Taiwan’s agricultural production only accounts for less than 2% of total GDP, agriculture industry still plays an important role to support the development of other industries. However, during the production process, agriculture industry often suffers loss, in final production result and farming field and facility, caused by uncontrollable natural disasters. And transferred by the industrial linkage effect, this kind of production decrease impact will be seen on overall economy development output and employment in that particular region; moreover, this will also create agricultural product price fluctuation which will influence final consumer consumption. From the other aspect, in Taiwan we observed some obvious gap already exist in each regional agricultural production which resulted from the differences of the natural environment. Once these uncontrollable natural disasters happen, the direct and indirect impact on agricultural activities will also vary from region to region. Therefore, in this paper we try to apply Miller and Blair (1985) Input-Output model in supply side and the approach of Regional Input-Output analysis in order to evaluate all possible economic impact from products loss caused uncontrollable natural disasters for the last twelve years in Taiwan.

Keywords


Agriculture, Regional Input-Output Analysis, Natural Disaster, Products Losses

Full Text:

PDF


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.