Industry market reaction to natural disasters: do firm characteristics and disaster magnitude matter?

This study investigates the factors that drive US industry sectors’ response to domestic natural disasters for the period 1987–2018. In general, our results show that not all local industry portfolios experience more negative impacts than non-local industries. We find that location does matter, but the nature of the industry itself is also important. Moreover, results for firm size show that big firms outperform small firms, across many industry settings. Finally, disaster severity analysis reveals that industries react differently to disasters of different magnitudes, and the response also varies across the different disaster measures. Our findings provide a basis for development of equity reaction prediction in the event of natural disasters, thus mitigating the disaster risk.

     

Was kestel really the source of TIN for ancient bronze?

A site in south-central Turkey has been proposed as the source for early bronze-age tin. Examination of the site shows that this proposal is confounded by the presence of extensive mining and smelting activities for lead. © 1994 John Wiley & Sons, Inc.     

How meteorological disasters affect the labor market? The moderating effect of government emergency response policy

Natural Hazards - Natural disasters and climate change impose a severe threat to the sustainable development of economy and human society. This paper studies the economic consequences of...     

Does patents on environmental technologies matter for the ecological footprint in the USA? Evidence from the novel Fourier ARDL approach

The outcome of patents on environmental (POET) technologies on the EF in the USA has not been comprehensively explored. Therefore, to close this breach in the literature, the present study discovers how patents on ecological technologies affect ecological footprint (EF) in the USA while regulatory for GDP and EC using the Fourier-based approaches. The conclusions of the present study reveal that POET are an important predictor of EF in the USA and cause a reduction in ecological deprivation in the long run; as expected, economic growth negatively affects environmental sustainability. The outcomes suggest that it is possible to resolve conflicts between the economy and the environment by using technological innovation. The USA government must reconsider its policy focus, particularly on coal energy sourcing and industrial energy, while continuing with heavy investments in its ambitious renewable energy technology development plan. Moreover, the government should continue to promote investments in environmental technologies.     

“Transverse Action” – A model benchmark exercise for numerical analysis of the Callovo-Oxfordian claystone hydromechanical response to excavation operations

The Callovo-Oxfordian claystone (COx) is considered as a potential geological formation to host an industrial radioactive waste repository in France. A detailed understanding of the thermo-hydro-mechanical (THM) behavior of the COx is a key issue for design of different repository structures and the safety calculations of the project. More particularly, numerical modeling of induced fracture networks around drifts excavated at the main level of the Andra’s Meuse/Haut-Marne Underground Research Laboratory (M/HM URL) and short and long term behavior of the COx around these drifts are of great interest. Several constitutive models have been developed/used in the framework of the R&D and simulation programs of Andra. A model benchmark exercise has been launched since 2012 to provide an overall view of the developed models regarding the in situ observations. In this view, two series of test cases, respectively at material point scale and at drift excavation scale are defined. Different kinds of constitutive models based on the elasto-visco-plasticity concept, continuum damage mechanics, the rigid block spring method and two-scale computational homogenized model (CHM) are used within this exercise. The obtained results show that accounting for material anisotropy and strain localization treatment techniques can improve the obtained results when elasto-visco-plastic models are used. Damage mechanics based approaches and methods accounting for discontinuities through discrete elements provide also interesting insights especially when fracturing processes must be modeled. However, more efforts are necessary to improve the robustness of these kinds of approaches in the complex context of COx response to excavation works.     

A survey-based analysis of the public’s willingness for disaster relief in China

Natural Hazards - Meteorological disasters frequently occur in China and around the world. These natural hazards can cause huge economic losses and threaten the personal safety of citizens. The...     

Does disaster shocks affect farmers’ willingness for insurance? Mediating effect of risk perception and survey data from risk-prone areas in East China

Natural Hazards - The study estimates the impact of disaster shocks and risk perception on farmers’ willingness for insurance. Based on data of 328 farmers from the Shandong province of East...     

Interruptions of the ancient Shu Civilization: triggered by climate change or natural disaster?

Environmental proxies of a stable carbon isotope, total organic carbon, free iron oxide, and particle size distribution in sediments as well as the stable carbon and oxygen isotopes in fossil human and animal teeth were used to reconstruct the history of climate change and natural disasters near the Jinsha Relic Site and to track their effect on the ancient Shu Civilization, which was established in the Chengdu Plain of southwest China during the late Holocene. In general, the late Holocene climate in the Chengdu Plain demonstrated a drying and cooling trend, with evident cooler events ~4100 and ~2700 a BP, which coincided with global climate changes. The ancient Shu Civilization was interrupted twice, and it included three stages—the Baodun (4700–3700 a BP), the Sanxingdui (3700–3150 a BP), and the Shi’erqiao (3150–2600 a BP)—that were slightly related to the abrupt climate changes that resulted from the collapse of the classic Sanxingdui Civilization, which was founded in a regional warm period. The abrupt increase in sand content in the sediment from the Jinsha Site coincided with the palaeoearthquake and palaeodam burst in the Longmen Mountains when the Baodun and Shi’erqiao desisted, indicating that a flood had occurred due to a dam burst and may likely have caused the ancient civilization’s destruction. Although the warm and humid climate, flat terrain and rich water resources prompted the prosperity of the ancient towns of Sanxingdui and Jinsha, frequent natural disasters, such as powerful earthquakes, landslide dams, and outburst floods, consistently affected the ancient Shu inhabitants.     

Assessing the influence of a rapid water drawdown on the seismic response characteristics of a reservoir rock slope using time–frequency analysis

Acta Geotechnica - To investigate the influence of a rapid water drawdown (RWD) on the seismic response characteristics of reservoir rock slopes, numerical dynamic analyses and shaking table tests...     

Holocene survival of the wild horse in Europe: a matter of open landscape?

The wild horse Equus ferus was one of the most frequent species of the Late Pleistocene large ungulate fauna in Eurasia and played an important role in the subsistence of human groups, especially at the end the Late Glacial. It is frequently assumed that E. ferus became extinct in Europe at the beginning of the Holocene because of the development of woodlands and loss of open habitats. Because of its preference for open habitats and in spite of its adaptability, the appearance or disappearance of the wild horse could therefore be a suitable palaeoecological indicator for the opening of the Holocene primeval woodlands. We revised the dating and reliability of the subfossil record and dated several bones by atomic mass spectrometry ¹⁴C dating. From the beginning of the Holocene (9600 cal a BC) to the end of the Atlantic Period (3750 cal a BC) there are 207 archaeological sites with wild horse records available in Europe. E. ferus survived the Pleistocene Holocene transition in Europe, but the spatiotemporal dynamics of populations fluctuated remarkably in the early and middle Holocene. Small and sparse populations increasingly became extinct during the early Holocene, until between 7100 and 5500 cal a BC the wild horse was almost absent in central parts of the European Lowlands. Particular conditions in natural open patches in the canopy forests, chalklands and floodplains may have maintained the local survival of the horse in some regions of the Lowlands, however. In the Late Atlantic, between 5500 and 3750 cal a BC the range of the wild horse was again extended. It re‐immigrated into central and western Europe, probably as a consequence of increasing landscape opening by Neolithic peoples. The data presented here may be a valuable part of the debate on the degree of openness of the early and middle Holocene landscape. Copyright © 2011 John Wiley & Sons, Ltd.     

Can Rock-Eval pyrolysis assess the biogeochemical composition of organic matter during peatification?

Understanding the responses of soil organic carbon to an increase in global temperature is crucial to estimate potential feedbacks on global warming. In such a context, Rock-Eval pyrolysis has been recently proposed as a screening tool to investigate soil organic matter (SOM) chemistry and vulnerability. In order to test the validity of Rock-Eval as an indicator of SOM chemistry and of OM transformations, we compared classical Rock-Eval derived parameters (total organic carbon [TOC], Hydrogen Index [HI] and Oxygen Index [OI]) to Fourier infrared (FTIR) spectroscopy measured on peat sampled in two contrasting moisture conditions. The increase of TOC in the peat record depicted OM enrichment in aromatic moieties and lipids, whereas HI and OI, respectively, depicted the decomposition of carbohydrates and decarboxylation during early decay processes. Thought to be complementary to the classical parameters, other indicators based on the pyrolysis curve (S2) gave redundant or contradictory results. As an example, SOM cracking around 450 °C (namely the F3 component) was linked with carboxylic acids only in the dryer site. In the wetter one, no correlation was found between the F3 component and any FTIR absorption bands. This study underlined the current limitations of deconvolution derived parameters for the characterization of the biochemistry of OM. Finally, our work suggested that the routine use of Rock-Eval pyrolysis must be always associated with another characterization tool of OM, such as FTIR, to avoid misunderstanding.     

Does the primary deposit affect the biogeochemical transformation of placer gold and associated biofilms?

Placer gold particles derived from epithermal deposits display distinct morphological and compositional features compared with particles from mesothermal systems. Here, it is hypothesized that the chemical composition of primary gold derived from different deposit types is a principle factor affecting the composition of resident biofilm communities as well as the transformation of placer particles. Gold particles were collected from placers originating from the epithermal system at the Eisenberg, Germany's largest primary gold deposit. For comparison, placer gold from mesothermal sources was studied. Morphological differences due to mechanical transport and physical reshaping were not observed. Biogeochemical gold/silver dissolution and gold re-precipitation were evident on epithermal particles and they accentuate the silver-fabrics and gold-rich clusters. In contrast, on mesothermally derived gold particles these processes led to the development of gold-rich rims via the formation of nano-porous secondary gold. Microprobe- and laser ablation mass spectrometric analyses of polished whole particle mounts confirmed differences in gold/silver content/distribution and trace metal content between particles from epi- and mesothermal sources, respectively. On particles from all sites nano- and micro-particulate gold is associated with polymorphic layers. These are composed of microbial cells, extracellular polymeric substances (EPS) and clay-sized minerals. Multivariate statistical analyses shows a significant difference between biofilm communities from epi- vs. mesothermally derived particles, which is linked to the chemical composition of the primary gold. While a number of key-species capable of gold transformation, e.g., Cupriavidus sp., Geobacter sp. and Rhodoferax sp., were detected on particles from both sources, higher numbers of organisms with the potential for gold solubilization, precipitation and detoxification were associated with particles from the epithermal sources. A range of species involved in gold transformation, i.e., Arthrobacter spp., Delftia sp., Shewanella sp., and Stenotrophomonas spp., were detected only on epithermally derived placer gold. This indicates the communities are sensitive to differences in gold/silver and possibly trace metal-cycling, resulting from differences in their content, distribution and mobilization behaviour in epi- vs. mesothermally derived particles. Ultimately, this study shows that the chemical composition of the primary deposit strongly influences the biogeochemical transformation of placer gold and the composition of associated biofilms, whereas physical transformations appear to be largely unaffected.     

Geochemical characteristics of the Río Verde Complex,Central Hispaniola: Implications for the paleotectonic reconstruction of the Lower Cretaceous Caribbean island-arc

New geochronological, trace element and Sr–Nd isotope data for metabasalts, dolerites and amphibolites from the Río Verde Complex, Central Hispaniola, are integrated with existing geochemical data for mafic volcanic rocks and metamorphic derivatives from the Los Ranchos, Amina and Maimón Formations, giving new insights into magma petrogenesis and paleotectonic reconstruction of the Lower Cretaceous Caribbean island-arc–back arc system. U–Pb and ⁴⁰Ar/³⁹Ar age data show that the Río Verde Complex protoliths were in part coeval with volcanic rocks of the Los Ranchos Formation (Upper Aptian to Lower Albian). The geochemical data establish the existence of gradients in trace element parameters (Nb/Yb, Th/Yb, Zr/Yb, Zr/Ba, and normalized Ti, Sm, Y and Yb abundances) and Nd isotope compositions from throughout Hispaniola, which reflect differences in the degree of mantle wedge depletion and contributions from the subducting slab. The Río Verde Complex mafic rocks and some mafic sills and dykes intruding in the Loma Caribe Peridotite, have a transitional IAT to N-MORB geochemistry and a weak subduction-related signature, and are interpreted to form in a rifted arc or evolving back-arc basin setting. The Los Ranchos, Amina and Maimón Formations volcanic rocks have arc-like characteristics and represent magmatism in the volcanic front. Trace element and Nd isotope modeling reproduce observed data trends from arc to back-arc and suggest that the variations in several geochemical parameters observed in a SW direction across the Caribbean subduction system can be explained from the progressively lower subduction flux into a progressively less depleted mantle source. The low Nb contents and high (ε_Nd)_i values in both arc and back-arc mafic rocks imply, however, the absence of a significant Lower Cretaceous plume enriched component. In order to explain these observations, a model of proto-Caribbean oceanic lithosphere subducting to the SW at least in the 120–110 Ma interval, is proposed to cause the observed magmatic variations in the Lower Cretaceous Caribbean island-arc–back-arc system. In this context, arc rifting and initial sea-floor spreading to form the Río Verde Complex protoliths occurred in the back-arc setting of this primitive island-arc, built on the NE edge of the Caribbean plate.     

Analyzing the gravity response of the Serra Geral Basalts and its impacts for the gravity interpretation in the northern Paraná Basin

The intraplate Paraná Basin encompasses an area of 1,127,400 km² in the Brazilian territory and is characterized by the presence of thick basalt and intrusive units of the Serra Geral Formation. Around 70% of its surface is covered by flood basalts. The regional interpretation of the dataset, located in the northern portion of the basin, led to new insights regarding the structure of the basin and its relationship with the Proterozoic surroundings. A 3D model of the basalts, which at the center of the basin has a thickness around 2 km, was built in order to analyze its signal content and the effects in anomaly caused by the structure of the depocenter. The gravity effect of the basalt model on the Terrain Corrected Anomaly map was removed, using forward modeling, generating a new residual anomaly map giving a view of the depocenter anomaly without the interference of the basalts. The result suggests a SW-NE depocenter whose plan shape appears to be more irregular than previously thought and a basement structure divided into three clearly defined compartments separated by structural features, some defined in this work and others already known from previous studies. Following the workflow for regional gravity studies, the Moho gravity effect was also removed using three different crustal thickness models. The results of this step completely changed the low frequency framework of the dataset, addressing extensive highs spread from the central to the eastern portion of the survey area, not enhancing any anomalies related to known geological features mapped in prior geophysical studies.     

Understanding the evolution of a disaster��a Framework for Assessing Crisis in a System Environment (FACSE)

To understand the evolution of a disaster, we propose a Framework for Assessing Crisis in a System Environment (FACSE). FACSE is set in a multi-system environment, containing the human system as well as the various natural and technological systems that interact with people. We take a lifecycle perspective, via which we quantify rhythms of life exhibited in multiple systems, across different scales, at different times. The lifecycle perspective also implies a relative approach in that rhythms of life during time t can be compared against those during t-1. We illustrate how rhythms of life in the human system can be measured at different scales. We propose a new concept??the degree of disaster, which is a composite score that encompasses the various measurements of rhythms of life from multiple systems, across different scales. We conclude the paper by discussing the potential offered by FACSE in disaster research as well as the limitations.