Markandya, Anil; Pedroso-Galinato, Suzette - Economics Research, World Bank Group - 2009
This paper provides empirical estimates of the impacts of natural disasters on different forms of capital (with a focus … and intangible capital and land capital as a consequence of the disasters, and these reductions are greater when the … impacts last for longer periods. Based on the assumption that natural disasters indirectly affect the level of income via …