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Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. Income remains in many cases not significantly affected or, perhaps even more surprisingly, it responds positively to natural disasters. Here, we...
Persistent link: https://www.econbiz.de/10010255055
Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....
Persistent link: https://www.econbiz.de/10011534396
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
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. Income remains in many cases not significantly affected or, perhaps even more surprisingly, it responds positively to natural disasters. Here, we...
Persistent link: https://www.econbiz.de/10013057254
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506
. 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
institution play only a minor role in the mitigation of damage in the event of a natural disaster. …
Persistent link: https://www.econbiz.de/10011526622
against disaster losses. Across all levels of development, investment, international trade are the most important transmission …
Persistent link: https://www.econbiz.de/10012834894
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
This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in the Caribbean. Two types of natural disasters are studied –storms and floods– given their prevalence in the region, while considering the effects of both moderate and...
Persistent link: https://www.econbiz.de/10013049168