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Images, Alexander Turnbull Library

Text below the image reads 'More silence?..' Prime Minister John Key and the Governor General Sir Anand Satyanand and several 'hangers-on' almost suffer coronaries when an official suggests in discussions about 'cost-saving ideas' that 'One of the National Projects we could "reprioritise" in the wake of the earthquake is to axe any Kiwi VIP attendance at the royal wedding'. Context - The PM and Governor General are thought to be on the list for invitations to the wedding of Prince William and Kate Middleton but after the catastrophic Christchurch earthquake of 22 February 2011, which is going to cost the country billions, a wag wonders whether they should go. Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

In the foreground PM John Key drives a bulldozer over Christchurch; in the background two engineers read a newspaper report that says 'P.M. gives false demolition number, PM gives false World Cup hope' and one of them says 'Now I know why those things are called BULLdozers..' Context - Prime Minister John Key is sticking to a government estimate that 10,000 Christchurch homes will need to be razed despite criticism that he should wait for official figures; he also stated that 100,000 homes may need repairs, despite Civil Defence saying it has only checked 70,000 homes so far. John Key was also insisting that there was a chance of keeping World Cup rugby games in Christchurch but an official announcement on 16 March dashed those hopes. Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

A man and woman clutch each other in terror as their house rocks in an aftershake; the man grabs his phone and offers his land for sale adding that 'foreigners are welcome'. Refers to the Canterbury earthquake of 4th September 2010 which continues to experience aftershakes, some of them quite significant. Refers also to the debate about whether New Zealand should be selling land, particularly farms, to foreigners; one side of the debate considers the sale of land to foreigners to make economic sense while others feel that our heritage is being lost. Both colour and black and white versions of this cartoon are available Quantity: 2 digital cartoon(s).

Images, Alexander Turnbull Library

The cartoon simply has the time '12.51' printed in large text. Context - exactly a week after the Christchurch earthquake which occurred at 12.51 on Tuesday 22 February 2011, the people of New Zealand stopped whatever they were doing for 2 minutes of silence' (the date was Tuesday 1 March 2011) Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

A woman sits reading a newspaper with reports about the Japanese earthquake and the latest news on Christchurch post-earthquake. Her husband has just put a Jerry Lee Lewis record on the turntable and the song 'Whole lotta shakin' goin' on' is playing; he says Didn't I always say this guy was ahead of his time?' Context - The Christchurch earthquakes of September 4 2010 and February 22 2011 as well as the Japanese earthquake and tsunami of 11 March 2011. Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

Two people peer out from underneath a table waiting for an earthquake predicted by astrologer Ken Ring. One of them says 'Load of rubbish that Ken Ring prediction eh?' and the other agrees. Context - After the two big earthquakes in Christchurch on 4 September 2010 and 22 February 2011, the so-called Moon Man, Ken Ring, is backing away from his prediction that Christchurch will be whacked by a huge earthquake on the 20th of March 2011. His claims terrified Cantabrians and led to people fleeing Christchurch. Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

In the first frame an excited rugby player runs across a rugby field wearing a shirt with the words 'Rugby Cup venues' printed on it and carrying a ball that represents 'extra games'. In the second frame a huge arm that represents 'extra costs' smashes into the player. Context - Christchurch cannot host the five games allocated to it. Auckland Council has agreed to pick up the $2.9 million tab it will cost to host three additional Rugby World Cup games. The government supports claims that the three bonus games could boost spending in Auckland by at least $28 million. (Stuff 31 March 2011) Colour and black and white versions of this cartoon are available Quantity: 2 digital cartoon(s).

Research papers, Victoria University of Wellington

The standard way in which disaster damages are measured involves examining separately the number of fatalities, of injuries, of people otherwise affected, and the financial damage that natural disasters cause. Here, we implement a novel way to aggregate these separate measures of disaster impact and apply it to two recent catastrophic events: the Christchurch (New Zealand) earthquakes and the Greater Bangkok (Thailand) floods of 2011. This new measure, which is similar to the World Health Organization’s calculation of Disability Adjusted Life Years (DALYs) lost from the burden of diseases and injuries, is described in detail in Noy (2014). It allows us to conclude that New Zealand lost 180 thousand lifeyears as a result of the 2011 events, and Thailand lost 2,644 thousand years. In per capita terms, the loss is similar, with both countries losing about 15 days per person due to the 2011 catastrophic events in these two countries. We also compare these events to other potentially similar events.

Research papers, Victoria University of Wellington

We examine the role of business interruption insurance in business recovery following the Christchurch earthquake in 2011 in the short- and medium-term. In the short-term analysis, we ask whether insurance increases the likelihood of business survival in the aftermath of a disaster. We find only weak evidence that those firms that had incurred damage, but were covered by business interruption insurance, had higher likelihood of survival post-quake compared with those firms that did not have insurance. This absence of evidence may reflect the high degree of uncertainty in the months following the 2011 earthquake and the multiplicity of severe aftershocks. For the medium-term, our results show a more explicit role for insurance in the aftermath of a disaster. Firms with business interruption insurance have a higher probability of increasing productivity and improved performance following a catastrophe. Furthermore, our results show that those organisations that receive prompt and full payments of their claims have a better recovery, in terms of profitability and a subjective ‘”better off” measure’ than those that had protracted or inadequate claim payments (less than 80% of the claim paid within 2.5 years). Interestingly, the latter group does worse than those organisations that had damage but no insurance coverage. This analysis strongly indicates the importance not only of good insurance coverage, but of an insurance system that also delivers prompt claim payments. As a first paper attempting to empirically identify a causal effect of insurance on business recovery, we also emphasize some caveats to our analysis.

Research papers, Victoria University of Wellington

Earthquakes are insured only with public sector involvement in high-income countries where the risk of earthquakes is perceived to be high. The proto-typical examples of this public sector involvement are the public earthquake insurance schemes in California, Japan, and New Zealand (NZ). Each of these insurance programs is structured differently, and the purpose of this paper is to examine these differences using a concrete case-study, the sequence of earthquakes that occurred in the Christchurch, New Zealand, in 2011. This event turned out to have been the most heavily insured earthquake event in history. We examine what would have been the outcome of the earthquakes had the system of insurance in NZ been different. In particular, we focus on the public earthquake insurance programs in California (the California Earthquake Authority - CEA), and in Japan (Japanese Earthquake Reinsurance - JER). Overall, the aggregate cost to the public insurer in NZ was $NZ 11.1 billion in its response to the earthquakes. If a similar-sized disaster event had occurred in Japan and California, homeowners would have received $NZ 2.5 billion and $NZ 1.4 billion from the JER and CEA, respectively. We further describe the spatial and distributive patterns of these different scenarios.

Research papers, Victoria University of Wellington

We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured from space, and investigate whether insurance claim payments for damaged residential property affected the local recovery process. We focus on the destructive Christchurch earthquake of 2011 as our case study. In this event more than 95% of residential housing units were covered by insurance, but insurance payments were staggered over 5 years, enabling us to identify their local impact. We find that night-time luminosity can capture the process of recovery and describe the recovery’s determinants. We also find that insurance payments contributed significantly to the process of economic recovery after the earthquake, but delayed payments were less affective and cash settlement of claims were more affective in contributing to local recovery than insurance-managed rebuilding.

Research papers, Victoria University of Wellington

We estimate the causal effects of a large unanticipated natural disaster on high schoolers’ university enrolment decisions and subsequent medium-term labour market outcomes. Using national administrative data after a destructive earthquake in New Zealand, we estimate that the disaster raises tertiary education enrolment of recent high school graduates by 6.1 percentage points. The effects are most pronounced for males, students who are academically weak relative to their peers, and students from schools directly damaged by the disaster. As relatively low ability males are overrepresented in sectors of the labour market helped by the earthquake, greater demand for university may stem from permanent changes in deeper behavioural parameters such as risk aversion or time preference, rather than as a coping response to poor economic opportunities.