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Economics

Singapore Management University

Dissertations and Theses Collection (Open Access)

Firm Performance

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Dissertation On The Impacts Of Floods And Trade War On The Chinese Economy, Fan Zheng May 2023

Dissertation On The Impacts Of Floods And Trade War On The Chinese Economy, Fan Zheng

Dissertations and Theses Collection (Open Access)

In the first chapter of the dissertation, we study the impact of floods on microlevel firm performances in China for the period 2000-2009. Among the first in the literature, we identify the flood exposure directly at the firm level by combining the high-resolution satellite-observed inundation areas with the geocoded firm locations. We find that being hit by a flood is associated with an annual loss to output and productivity of around 6% and 5%, respectively, which persists in the long run. The impacts of floods extend to non-inundated firms in neighborhoods (of 4 kilometres in radius), but the negative effects …