| Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2015: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
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| Outline of Final Research Achievements |
Our study measures the recreational benefits lost due to the economic damage caused by harmful rumors spread over the three-year period from the Great East Japan Earthquake (the Earthquake) until the present. We analyzed revealed preference (RP) data on the number of actual visits to Fukushima Prefecture and stated preference (SP) data on the number of visits that would have occurred under the hypothetical condition that the radiation accident had not occurred. In order to estimate the demand function, we consider a Poisson-inverse-Gaussian regression model with correction for on-site sampling and expand it into the random effect model framework, which is called the Poisson-inverse-Gaussian random effect model. Our results show that Fukushima Prefecture lost approximately \3.745 trillion of recreational benefits over the past three years.
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