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divergence are associated with faster subsequent rates of convergence to the frontier. In this paper, we construct and …
Persistent link: https://www.econbiz.de/10005069218
We examine the impact of natural disasters on GDP per capita by applying the synthetic control approach. Our analysis encompasses two large-scale earthquakes that occurred in two different Italian regions in 1976 and 1980. We show that the short-term effects are negligible in both regions,...
Persistent link: https://www.econbiz.de/10011099721