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rates in the disaster's aftermath. In contrast, when the severity of the events is determined by physical intensity rather …
Persistent link: https://www.econbiz.de/10012628798
This paper studies the short-term impact of a volcano eruption on tourism demand, supply, and hospitality labour in La Palma (Spain), an island economy that is highly dependent on the tourism sector. Based on a monthly panel dataset at the touristic zone level, we use SeeminglyUnrelated...
Persistent link: https://www.econbiz.de/10013429170
-run and long-run role in the natural disaster-economic growth nexus using 48 African countries from 2000 to 2020. Using a two …
Persistent link: https://www.econbiz.de/10015386484
Despite the fact that growth theories suggest that natural disasters should have an impact on economic growth, parametric empirical studies have provided little to no evidence supporting that prediction. On the other hand, pure nonparametric regression analysis would be an extremely difficult...
Persistent link: https://www.econbiz.de/10012403903
In March 2020, the COVID-19 pandemic, caused by the SARS-CoV-2 virus, swept through the United States. The necessary but costly non-pharmaceutical interventions (NPIs) including social distancing, stay-at-home orders, and the closing or restriction of most businesses greatly increased the...
Persistent link: https://www.econbiz.de/10013162317
The standard approach to 'nowcast' disaster impacts, which relies on risk models, does not typically account for the … nowcasting, and for post-disaster damage assessment. We focus on Fiji and on its agriculture sector, and on tropical cyclones … be used for both nowcasting and post-disaster damage assessments. …
Persistent link: https://www.econbiz.de/10013533176
Purpose The theoretical debate of corruption's impact on economic growth remains unsettled, making it an empirical question. This study aims to investigate corruption's effect on BRICS countries' economic growth. Design/methodology/approach A panel dataset on BRICS countries spanning 1996 to...
Persistent link: https://www.econbiz.de/10014506786
years after the disaster, economic growth in the underlying economy remains buoyant even if official regional economic data …
Persistent link: https://www.econbiz.de/10013273653
panel data, we show that rising climate-related disaster risks increase government debt and harm fiscal sustainability. We … also find that the adverse effect of disaster risks is larger for low-income households, exacerbating inequality. Second … distributional effect of disaster risk. The model features two kinds of households and a fiscal authority. We show that disaster risk …
Persistent link: https://www.econbiz.de/10015133082
growth and the influence of the quality of regional governance on post-disaster economic recovery. We match disaster data … of a "natural" disaster leads to an annual decline in regional growth of about 0.28 percentage points. Furthermore, we …
Persistent link: https://www.econbiz.de/10014632687