Search

found 509 results

Images for transitional; more images...

Research Papers, Lincoln University

Orientation: Large-scale events such as disasters, wars and pandemics disrupt the economy by diverging resource allocation, which could alter employment growth within the economy during recovery. Research purpose: The literature on the disaster–economic nexus predominantly considers the aggregate performance of the economy, including the stimulus injection. This research assesses the employment transition following a disaster by removing this stimulus injection and evaluating the economy’s performance during recovery. Motivation for the study: The underlying economy’s performance without the stimulus’ benefit remains primarily unanswered. A single disaster event is used to assess the employment transition to guide future stimulus response for disasters. Research approach/design and method: Canterbury, New Zealand, was affected by a series of earthquakes in 2010–2011 and is used as a single case study. Applying the historical construction–economic relationship, a counterfactual level of economic activity is quantified and compared with official results. Using an input–output model to remove the economy-wide impact from the elevated activity reveals the performance of the underlying economy and employment transition during recovery. Main findings: The results indicate a return to a demand-driven level of building activity 10 years after the disaster. Employment transition is characterised by two distinct periods. The first 5 years are stimulus-driven, while the 5 years that follow are demand-driven from the underlying economy. After the initial period of elevated building activity, construction repositioned to its long-term level near 5% of value add. Practical/managerial implications: The level of building activity could be used to confidently assess the performance of regional economies following a destructive disaster. The study results argue for an incentive to redevelop the affected area as quickly as possible to mitigate the negative effect of the destruction and provide a stimulus for the economy. Contribution/value-add: This study contributes to a growing stream of regional disaster economics research that assesses the economic effect using a single case study.

Images, UC QuakeStudies

A photograph of a paste-up depicting Roger Sutton, the CEO of CERA, with a band-aid over his mouth; Warwick Isaacs, the Deputy Chief Executive of CERA, with hearing protection over his ears; and Jerry Brownlee, Minister for Canterbury Earthquake Recovery, with a blindfold over his eyes. The paste-up has been stuck on a bus stop timetable.

Images, UC QuakeStudies

A photograph of a paste-up depicting Roger Sutton, the CEO of CERA, with a band-aid over his mouth; Warwick Isaacs, the Deputy Chief Executive of CERA, with hearing protection over his ears; and Jerry Brownlee, Minister for Canterbury Earthquake Recovery, with a blindfold over his eyes. The paste-up has been stuck on a wall.

Images, UC QuakeStudies

A photograph of a line of shipping containers protecting Main Road from rockfall. Two of the containers have covers printed with artworks. The remains of a house are suspended above the collapsed cliff.

Images, UC QuakeStudies

A photograph of a paste-up depicting Roger Sutton, the CEO of CERA, with a band-aid over his mouth; Warwick Isaacs, the Deputy Chief Executive of CERA, with hearing protection over his ears; and Jerry Brownlee, Minister for Canterbury Earthquake Recovery, with a blindfold over his eyes. The paste-up has been stuck on a sign board attached to a cordon fence.

Images, UC QuakeStudies

A poster created by Empowered Christchurch to advertise their submission to the CERA Draft Transition Recovery Plan on social media.The poster reads, "Submission, CERA Draft Transition Recovery Plan. Seismic Risk. One thing we can learn from the past is that seismic risk in Canterbury has been underestimated before the earthquakes struck. This is confirmed in a report for EQC in 1991 (paper 2005). It is also the conclusion of the Royal Commission in the CTV report. A number of recommendations have been made but not followed. For example, neither the AS/NZS 1170.5 standard nor the New Zealand Geotechnical Society guidelines have been updated. Yet another recovery instrument is the Earthquake Prone Building Act, which is still to be passed by Parliament. As the emergency response part of the recovery is now behind us, we need to ensure sustainability for what lies ahead. We need a city that is driven by the people that live in it, and enabled by a bureaucracy that accepts and mitigates risks, rather than transferring them to the most vulnerable residents."