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Social media usage reveals recovery of small businesses after natural hazard events

Business

Social media usage reveals recovery of small businesses after natural hazard events

R. Eyre, F. D. Luca, et al.

This innovative research by Robert Eyre, Flavia De Luca, and Filippo Simini unveils a striking methodology to estimate the post-emergency recovery of small businesses in urban areas by harnessing their social media activity. By analyzing trends in online posting before and after natural disasters, this study provides critical insights for better government intervention and resource allocation.... show more
Abstract
The challenge of nowcasting the effect of natural hazard events (e.g., earthquakes, floods, hurricanes) on assets, people and society is of primary importance for assessing the ability of such systems to recover from extreme events. Traditional recovery estimates, such as surveys and interviews, are usually costly, time consuming and do not scale. Here we present a methodology to indirectly estimate the post-emergency recovery status (downtime) of small businesses in urban areas looking at their online posting activity on social media. Analysing the time series of posts before and after an event, we quantify the downtime of small businesses for three natural hazard events occurred in Nepal, Puerto Rico and Mexico. A convenient and reliable method for nowcasting the post-emergency recovery status of economic activities could help local governments and decision makers to better target their interventions and distribute the available resources more effectively.
Publisher
Nature Communications
Published On
Apr 02, 2020
Authors
Robert Eyre, Flavia De Luca, Filippo Simini
Tags
post-emergency recovery
small businesses
natural hazard events
social media activity
resource allocation
urban areas
downtime
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