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Business Return in New Orleans Decision Making Amid Post-Katrina Uncertainty 英文参考文献
BusinessReturninNewOrleans:DecisionMakingAmid
Post-KatrinaUncertainty
NinaS.N.Lam1*,KelleyPace2,RichardCampanella3,JamesLeSage4,HelbertArenas1
1Department of Environmental Sciences, Louisiana State University, Baton Rouge, Louisiana, United States of America, 2Department of Finance, Louisiana State
University,BatonRouge,Louisiana,UnitedStatesofAmerica,3CenterforBioenvironmentalResearch,TulaneUniversity,NewOrleans,Louisiana,UnitedStatesofAmerica,
4DepartmentofFinanceandEconomics,TexasStateUniversity,SanMarcos,Texas,UnitedStatesofAmerica
Abstract
Background: Empirical observations on how businesses respond after a major catastrophe are rare, especially for a
catastrophe as great as Hurricane Katrina, which hit New Orleans, Louisiana on August 29, 2005. We analyzed repeated
telephonesurveysofNewOrleansbusinessesconductedinDecember2005,June2006,andOctober2007tounderstand
factorsthatinfluenceddecisionstore-openamidpost-disasteruncertainty.
Methodology/PrincipalFindings:Businessesinthegroupofprofessional,scientific,andtechnicalservicesreopenedthe
fastestinthenearterm,butdifferencesintherateofreopeningforbusinessesstratifiedbytypebecameindistinguishable
in the longer term (around two years later). A reopening rate of 65% was found for all businesses by October 2007.
Discriminantanalysisshowedsignificantdifferencesinresponsesreflectingtheirattitudesaboutimportantfactorsbetween
businessesthatreopenedandthosethatdidnot.Businessesthatremainedclosedatthetimeofourthirdsurvey(twoyears
after Katrina) ranked levee protection as the top concern immediately after Katrina, but damage to their premises and
financingbecamemajorconcernsinsubsequentmonthsreflectedinthelatersurveys.Forbusinessesthathadopened(at
thetimeofourthirdsurvey),infrastructureprotectionincludinglevee,utility,andcommunicationswerethemainconcerns
mentionedinsurveysuptothethirdsurvey,whentheissueofcrimebecametheirtopconcern.
Conclusions/Significance:Thesefindingsunderscoretheneedtohavepublicpolicyandemergencyplansinp
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