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Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance companies. We argue that this may lead to estimation bias as...
Persistent link: https://www.econbiz.de/10010701086
Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance companies. We argue that this may lead to estimation bias as...
Persistent link: https://www.econbiz.de/10011078008
Natural disasters affect bilateral trade. We use this fact to generalize the instrumental variables strategy of Frankel and Romer (1999) to a panel setup. This allows revisiting an old question: Does openness cause per capita GDP? We work with a modified gravity framework in which we interact...
Persistent link: https://www.econbiz.de/10011048553
Persistent link: https://www.econbiz.de/10011037416
Using data from U.S. commodity flow survey, we show that the historical Union-Confederacy border lowers contemporaneous trade between U.S. states by about 13%. The finding is robust over econometric models, survey waves, or aggregation levels. Including contemporaneous controls, such as network...
Persistent link: https://www.econbiz.de/10011019408
Natural disasters affect bilateral trade. We use this fact to generalize the instrumental variables strategy of Frankel and Romer (1999) to a panel setup. This allows revisiting an old question: Does openness cause per capita GDP? We work with a modified gravity framework in which we interact...
Persistent link: https://www.econbiz.de/10011019537
Die Studie präsentiert eine Datenbank, die sich auf physikalische Maßeinheiten von Naturkatastrophen stützt und die Schätzung der Auswirkungen von Naturkatastrophen auf die Wirtschaftsleistung ermöglicht. Naturkatastrophen wirken sich im Durchschnitt ganz klar negativ auf das BIP pro Kopf...
Persistent link: https://www.econbiz.de/10010722691
Persistent link: https://www.econbiz.de/10010065683
This dissertation was prepared by Jasmin Gröschl and is a collection of five self-contained empirical essays. They aim at contributing to the understanding of non-standard determinants of trade and migration: historical and cultural characteristics in the United States (Chapter 1),...
Persistent link: https://www.econbiz.de/10010877519
Using SPS measures obtained from the SPS Information Management System of the WTO and controlling for zero trade flows, we find that SPS concerns reduce the probability of trade in agricultural and food products consistently. However, the amount of trade is positively affected by SPS measures...
Persistent link: https://www.econbiz.de/10011115142