Walailak University Researchers Provide New Insights into Environment (Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period)

2021 APR 28 (NewsRx) -- By a News Reporter-Staff News Editor at Ecology Daily News -- Investigators discuss new findings in agriculture. According to news originating from Walailak University by NewsRx editors, the research stated, “Natural disasters have been a significant hurdle in the economic growth of middle-income developing countries.”

Our news editors obtained a quote from the research from Walailak University: “Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level.”

According to the news editors, the research concluded: “The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.”

For more information on this research see: Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period. Geoenvironmental Disasters, 2021,8(1):1-12. (Geoenvironmental Disasters - https://geoenvironmental-disasters.springeropen.com/). The publisher for Geoenvironmental Disasters is SpringerOpen.

A free version of this journal article is available at https://doi.org/10.1186/s40677-021-00180-4.

Our news journalists report that additional information may be obtained by contacting Shubham Pathak, Logistics Analytics and Supply Chain Management, Walailak University International College, Walailak University. Additional authors for this research include Jorge Chica Olmo.

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