Showing 1 - 10 of 342
have a negative effect on growth, and that debt increases with floods but not with storms. However, in a subsample I find …
Persistent link: https://www.econbiz.de/10013049168
varying degrees. In addition to their devastating human costs, these events damage growth prospects and worsen countries …' fiscal positions. This is the first cross-country IMF study assessing the impact of natural disasters on growth in the … Pacific islands as a group. A panel VAR analysis suggests that, for damage and losses equivalent to 1 percent of GDP, growth …
Persistent link: https://www.econbiz.de/10013019987
have little arable land. There is empirical evidence to suggest that these factors are related to income growth …
Persistent link: https://www.econbiz.de/10013098583
The paper analyzes the impact of natural disasters on per-capita GDP growth. Using a quantile regressions and growth …-at-risk approach, the paper examines the impact of disasters and policy choices on the distribution of growth rather than simply its … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in …
Persistent link: https://www.econbiz.de/10013306749
the dynamic adjustment path of growth and key fiscal variables after severe weather-related disasters. It does not only …
Persistent link: https://www.econbiz.de/10012942333
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model …-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but …
Persistent link: https://www.econbiz.de/10012859854
Global warming is the most significant threat to ecosystems and people’s health and living standards, especially in small island states in the Caribbean and elsewhere. This paper contributes to the debate by analyzing different options to scale up climate change mitigation and adaptation. In...
Persistent link: https://www.econbiz.de/10014076817
the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances … improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce …
Persistent link: https://www.econbiz.de/10013306770
estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that … 'severe' disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and … trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this …
Persistent link: https://www.econbiz.de/10012913925
This paper presents a Markov switching dynamic stochastic general equilibrium model designed to evaluate the macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows the existing literature in assuming that NDs destroy a...
Persistent link: https://www.econbiz.de/10014353544