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Long-Term Growth Effects of Natural Disasters - Empirical Evidence for Droughts
Berlemann, Michael - 2015
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10013010474
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Naturally Negative : The Growth Effects of Natural Disasters
Felbermayr, Gabriel J. - 2013
literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance … GDP. We build a comprehensive database of disaster events and their intensities from primary geophysical and … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That …
Persistent link: https://www.econbiz.de/10013073607
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Natural Disasters and the Effect of Trade on Income : A New Panel IV Approach
Felbermayr, Gabriel J. - 2011
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10013121825
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Aid, Growth and Devolution
Lessmann, Christian; Markwardt, Gunther - 2021
This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...
Persistent link: https://www.econbiz.de/10013316311
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Shedding Light on the Spatial Diffusion of Disasters
Felbermayr, Gabriel J. - 2018
spatial shifts of economic activity after a natural disaster are a rather local phenomenon, stressing the importance of local …
Persistent link: https://www.econbiz.de/10012912423
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Long-Run Consequences of Exposure to Natural Disasters
Karbownik, Krzysztof - 2016
We utilize the individual-level World War I Draft Registration Cards matched to late-nineteenth century hurricane paths and the 1940 U.S. Census to explore whether fetal and early childhood exposure to stress caused by hurricanes affects human capital development and labor market outcomes in...
Persistent link: https://www.econbiz.de/10012977164
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The Ethical Content of the Economic Analysis of Disasters : Price Gouging and Post-Disaster Recovery
Noy, Ilan - 2017
research on the topic of disasters. As such, we choose to focus on two topics: price gouging, and post-disaster economic …
Persistent link: https://www.econbiz.de/10012964378
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The Economic and Fiscal Burdens of Disasters in the Pacific
Noy, Ilan - 2017
The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in … analysing the applicability of various financial instruments to facilitate both ex-ante and ex-post disaster risk management in …
Persistent link: https://www.econbiz.de/10012964696
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Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country
Berlemann, Michael - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10013022499
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Out of Sight, Out of Mind? The Impact of Natural Disasters on Pregnancy Outcomes
Simeonova, Emilia - 2013
The impact of global climate change on health is not well understood. Besides the direct channel of increasing temperatures, there is a potentially more harmful one: through an increase in extreme weather incidents. We offer the first evidence on the effect of natural disasters on pregnancy...
Persistent link: https://www.econbiz.de/10013095574