Showing 1 - 10 of 35
In an integrated economy-ecosystem model humans choose their land use and leave the residual land as habitat for three species forming a food chain. The size of habitat determines the diversity and abundance of species. That biodiversity generates, in turn, a flow of ecosystem services with...
Persistent link: https://www.econbiz.de/10011450672
Tech clusters play a growing role in knowledge-based economies by accommodating high-tech firms and providing an environment that fosters location-dependent knowledge spillovers and promote R&D investments by .rms. Yet, not much is known about the economic conditions under which such entities...
Persistent link: https://www.econbiz.de/10012271746
This paper examines the fiscal motives behind municipal governments' decisions to allocate commercial and residential land when two categories of land use are subject to different fiscal revenue alternatives: business-related tax and/or land rent. We use urban parcel-level land transfers during...
Persistent link: https://www.econbiz.de/10014443826
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens Property Insurance Corporation (an insurer of last resort) and the Florida Hurricane …
Persistent link: https://www.econbiz.de/10003883015
While the short-term growth consequences of natural disasters are comparatively well studied, there is little knowledge how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database, we show that the growth effects of tropical storms go...
Persistent link: https://www.econbiz.de/10011521860
. In contrast to previous studies, we employ hurricane destruction indices to study this relationship. These indices … movement of people to international destinations. Our estimates reveal that on average hurricane increases migration. We also … find that the impact is greater when a hurricane hits a country directly as opposed to not making landfall. These results …
Persistent link: https://www.econbiz.de/10011536269
In this paper we investigate the long-run relationship 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 particular....
Persistent link: https://www.econbiz.de/10009580773
, exploiting the spatiotemporal randomness of hurricane strikes from 1965–2018 along with changes in political alignment. We show …
Persistent link: https://www.econbiz.de/10013177149
change-attributed flood depths and damages during Hurricane Harvey in Harris County, Texas. We then combine this information …
Persistent link: https://www.econbiz.de/10012668885
This paper studies financial service provision booked through offshore financial centers (OFCs). Based on several novel data sources and recent advances in event study methodology, I exploit the natural experiment of re-occurring hurricanes hitting small islands and compare local reactions to...
Persistent link: https://www.econbiz.de/10012299795