Halkos, George; Managi, Shunsuke; Tzeremes, Nickolaos - In: Journal of Economic Structures 4 (2015), pp. 1-13
This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 countries over 1980 - 2011. We analyze the effect of the number of man-made and natural disaster occurrences on countries' technological change (swift of the frontier) and...