In this paper, we identify the main fishing grounds and track the response of fishing vessels' activity to tropical cyclones (TCs) in the Philippines' Exclusive Economic Zone during 2012. We use satellite imagery from the National Oceanic and Atmospheric Administration to locate fishing vessels...

In the globalization era, many products in the tourism industry are imported from other economies; whereas other products may be exported as intermediates to other economies. Researchers have assessed the economic impact of tourism for more than 40 years, but have shed little light on the...

We use cross-country panel data to examine the effects of a variety of nonpharmaceutical interventions used by governments to suppress the spread of coronavirus disease (COVID-19). We find that while lockdown measures lead to reductions in disease transmission rates as captured by the...

This paper analyzes international historical evidence and finds that economic growth slows down when per capita income reaches US{dollar}17,000.

We quantify the economic impact of typhoons in the Philippines. To this end we construct a panel data set of local economic activity derived from nightlight intensity satellite images and a cell level measure of typhoon damage constructed from storm track data, a wind field model, and a stylized...

The long-term economic consequences of catastrophic disasters are poorly understood. This lacuna is surprising since the long-term effects may be much more important than the short-term emergency phase. In contrast, the policy literature is full of aspirational plans to "build back better" (BBB)...