Showing 1 - 10 of 488
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in...
Persistent link: https://www.econbiz.de/10013315874
The Great Tōhoku-Earthquake and the following nuclear meltdown in Fukushima called the world's attention to Japans …
Persistent link: https://www.econbiz.de/10013092105
We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured … process. We focus on the destructive Canterbury Earthquake Sequence (CES) 2010 -2011 as our case study. Uniquely for this … economic recovery after the earthquake, but delayed payments were less affective and cash settlement of claims were more …
Persistent link: https://www.econbiz.de/10012915610
We analyse whether migration is an adaptation that households employ to cope with climate in Ghana and Nigeria. If migration is part of the present adaptation portfolio of households in developing countries, it is reasonable to expect that it will also be an adaptation to future climate change....
Persistent link: https://www.econbiz.de/10013026677
The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...
Persistent link: https://www.econbiz.de/10013139799
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 F&R's...
Persistent link: https://www.econbiz.de/10013121825
This paper surveys recent research on decentralization and natural disasters. The first part discusses results from theoretical models that have been used to study the issues that arise when natural disasters occur in a country with more than one level of government. The next section discusses...
Persistent link: https://www.econbiz.de/10013083868
Economic theory predicts that adverse shocks during early childhood have detrimental short- and long-run consequences for children's development. We examine this hypothesis by analyzing the short-and long-run effects on children's health and education of a specific shock: housing damages caused...
Persistent link: https://www.econbiz.de/10013083878
Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance companies. We argue that this may lead to estimation bias as...
Persistent link: https://www.econbiz.de/10013073607
Economics, generally, is a discipline in which relatively little attention is devoted to language and terminology. As such, economists have not really attempted to define the concept of disasters very carefully, nor have they evaluated the ethics that are behind the economic analysis of...
Persistent link: https://www.econbiz.de/10012964378