Mercer, Robert; Reed, W. Robert - In: Public Finance Review 43 (2015) 2, pp. 155-178
This study replicates the empirical findings of Toya and Skidmore (2007), henceforth TS, and performs a variety of robustness checks. Using an extensive data set of international disasters, TS report that a number of economic development variables are significantly related to mitigation of...