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This paper investigates the critical role of religion in the economic recovery after high-impact natural disasters … religious adherence rates saw a significantly stronger recovery in terms of productivity for 2005-2010. Our results further … suggest that a particular religious denomination does not drive the effect. We observe that different aspects of religion …
Persistent link: https://www.econbiz.de/10012549016
disaster. Religious adherence further dampens anxiety after Hurricane Katrina, which potentially spur economic recovery. We …This paper investigates the critical role of culture for economic recovery after natural disasters. Using Hurricane … Katrina as our laboratory, we find a significant adverse treatment effect for plant-level productivity. However, local …
Persistent link: https://www.econbiz.de/10012287273
This paper investigates the critical role of religion in the economic recovery after high-impact natural disasters … religious adherence rates saw a significantly stronger recovery in terms of productivity for 2005-2010. Our results further … suggest that a particular religious denomination does not drive the effect. We observe that different aspects of religion …
Persistent link: https://www.econbiz.de/10012583659
This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area-weighted measure for local tropical cyclone intensity based on meteoro-logical data, which is included in a panel analysis for...
Persistent link: https://www.econbiz.de/10011798404
This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area weighted measure for local tropical cyclone intensity based on meteorological data, which is included in a panel analysis for a...
Persistent link: https://www.econbiz.de/10011894576
policy response to a natural disaster. We show that the standard Taylor (1993) rule response in models with and without … response to a disaster. A nominal interest rate increase following a disaster mitigates both temporary inflation effects and …
Persistent link: https://www.econbiz.de/10014049370
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
This paper investigates the long-run consequences of economic disasters. The research is based on the historical data for 38 OECD and non OECD countries over the last two centuries. Results of the research indicate the negative long-run effect of economic disasters on output growth. The research...
Persistent link: https://www.econbiz.de/10012969572
choice of baseline and of the wind-speed elasticity of storm damage. -- climate change ; tropical storms ; economic impact …
Persistent link: https://www.econbiz.de/10003770272
concerned play in the observed increase in losses. For analysis purposes, storm loss is depicted as a function of the value of … material assets affected by the storm (the capital stock) and storm intensity. The findings show the increase in losses due to … cyclones ; climate change ; socio-economic impact ; storm damage function …
Persistent link: https://www.econbiz.de/10003779218