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Climatic Factors as Determinants of International Migration

Beine, Michel; Parsons, Christopher - CESifo - 2012

We examine environmental factors as potential determinants of international migration. We distinguish between unexpected short-run factors, captured by natural disasters, as well as long-run climate change and climate variability. Building on a simple neo-classical model we use a panel dataset...

Persistent link: https://www.econbiz.de/10009651183

Large-Scale Disasters and the Insurance Industry

Kraemer, Walter; Schich, Sebastian - CESifo - 2008

We investigate the impact of the 20 largest – in terms of insured losses – man-made or natural disasters on various insurance industry stock indices. We show via an event study that insurance sectors worldwide are quite resilient, in a market–value sense, to unexpected losses to capital:...

Persistent link: https://www.econbiz.de/10005181507

Do Natural Disasters Enhance Societal Trust?

Toya, Hideki; Skidmore, Mark - CESifo - 2012

devastating human and economic impacts, a potential spillover benefit of greater disaster exposure may be a more tightly knit …

Persistent link: https://www.econbiz.de/10010877834

Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country

Berlemann, Michael; Steinhardt, Max; Tutt, Jascha - CESifo - 2015

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

Persistent link: https://www.econbiz.de/10011277182

Natural Disasters and the Effect of Trade on Income: A New Panel IV Approach

Felbermayr, Gabriel J.; Gröschl, Jasmin - CESifo - 2011

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize...

Persistent link: https://www.econbiz.de/10009224870

Government Repression and the Death Toll from Natural Disasters

Costa, Samia - CESifo - 2012

, however, could also play a role in disaster preparedness. In particular, I examine whether governments that are deemed to be … investment in disaster preparedness. I find an inverse U-shaped relationship between repression and casualties, with countries at …

Persistent link: https://www.econbiz.de/10009416118

Growth and Mitigation Policies with Uncertain Climate Damage

Bretschger, Lucas; Vinogradova, Alexandra - CESifo - 2014

growth rate of consumption and the capital stock until a shock arrives, triggering a downward jump in both variables. Optimum …

Persistent link: https://www.econbiz.de/10011082827

Naturally Negative: The Growth Effects of Natural Disasters

Felbermayr, Gabriel J.; Gröschl, Jasmin - CESifo - 2013

literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance … GDP. We build a comprehensive database of disaster events and their intensities from primary geophysical and … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That …

Persistent link: https://www.econbiz.de/10010701086

Decentralization and Natural Disasters

Goodspeed, Timothy J. - CESifo - 2013

disaster. The paper concludes by reflecting on what we know about whether policies to confront natural disasters should be …

Persistent link: https://www.econbiz.de/10010634082

Whither China? Reform and Economic Integration among Chinese Regions

Fidrmuc, Jan; Fidrmuc, Jarko; Huang, Shuo - CESifo - 2013

This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...

Persistent link: https://www.econbiz.de/10010643334