Narrow search
Showing 1 - 10 of 29,427
Cover Image
Natural catastrophes and financial development : an empirical analysis
Horváth, Roman - 2020
We estimate the causal effect of natural catastrophes on financial development. We focus on largest catastrophes in developing economies in 1960-2016, employ synthetic control method to compute the counterfactual and use the credit to GDP ratio as the measure of financial development. Our...
Persistent link: https://www.econbiz.de/10012242866
Cover Image
Do Natural Disasters Have Long-Term Effects on Growth?
Jaramillo, Christian R. - 2010
the relationship between different measures of natural disaster impact and long-run economic growth. The sample is … of the first regressions show that for some of the groups of countries the disaster impact persists beyond the 2-5 years …
Persistent link: https://www.econbiz.de/10014198594
Cover Image
Natural Disasters, Foreign Aid, and Economic Growth
Jackson, Osborne - 2014
. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead … use the disaster exposure of a country's "aid neighbors," defined as its competitors for aid from donors. Using aid …
Persistent link: https://www.econbiz.de/10014153490
Cover Image
Disasters and Development : Natural Disasters, Credit Constraints and Economic Growth
McDermott, Thomas K. J. - 2013
theoretical model are then tested using a panel of data on natural disaster events at the country-year level, covering the period … 1979-2007. In line with recent literature, we find that natural disaster events exert a significant negative impact on … hypothesis that credit constraints cause disaster events to have more persistent effects on economic growth …
Persistent link: https://www.econbiz.de/10013093445
Cover Image
Natural disasters, growth and institutions : a tale of two earthquakes
Barone, Guglielmo; Mocetti, Sauro - 2013
better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …
Persistent link: https://www.econbiz.de/10011543882
Cover Image
Natural disasters and the effect of trade on income : a new panel IV approach
Felbermayr, Gabriel; Gröschl, Jasmin - 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/10009240715
Cover Image
Natural Disasters, Growth and Institutions : A Tale of Two Earthquakes
Barone, Guglielmo - 2014
We examine the impact of natural disasters on GDP per capita by applying the synthetic control approach. Our analysis encompasses two large-scale earthquakes that occurred in two different Italian regions in 1976 and 1980. We show that the short-term effects are negligible in both regions,...
Persistent link: https://www.econbiz.de/10013056050
Cover Image
The economics of natural disasters : a survey
Cavallo, Eduardo A.; Noy, Ilan - 2009
main disaster data sources available, discusses the determinants of the direct effects of disasters, and distinguishes …
Persistent link: https://www.econbiz.de/10010247143
Cover Image
Catastrophic natural disasters and economic growth
Cavallo, Eduardo A.; Galiani, Sebastián; Noy, Ilan; … - 2010
This paper examines the short and long-run average causal impact of catastrophic natural disasters on economic growth by combining information from comparative case studies. The counterfactual of the cases studied is assessed by constructing synthetic control groups, taking advantage of the fact...
Persistent link: https://www.econbiz.de/10010246562
Cover Image
Unraveling the effects of tropical cyclones on economic sectors worldwide
Kunze, Sven - 2017
This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area-weighted measure for local tropical cyclone intensity based on meteoro-logical data, which is included in a panel analysis for...
Persistent link: https://www.econbiz.de/10011798404