Publication | Open Access
The Economic Impacts of the Loma Prieta Earthquake: A Focus on Small Business
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2012
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Small BusinessesEconomic DevelopmentSocio-economic ImpactNatural DisastersEarthquake ScenarioSmall Business EconomicsManagementEconomic ImpactsLoma Prieta EarthquakeFuture Disaster PlanningLorna Prieta EarthquakeEconomicsEarthquake Risk MitigationUrban PlanningFinanceDisaster ManagementBusinessFinancial CrisisSmall BusinessCrisis ManagementDisaster Risk ReductionEconomic Environment
This paper identifies the impacts of the Lorna Prieta earthquake on the economy of the San Francisco Bay Area as a whole and specifically for small businesses. Findings are based on an analysis of published agrg egate economic data and a survey of small businesses in two cities. The paper finds that the economy showed a great deal of resistence, and concludes by outlining three lessons for future disaster planning in all areas prone to natural disasters.