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Hurricanes act as large external shocks potentially causing considerable damage to agricultural production in the Caribbean. While a number of existing studies have estimated their historic economic impact, arguably the wider community and policy makers are more concerned about their future risk...
Persistent link: https://www.econbiz.de/10010929415
We investigate the determinants of innovation and the benefits from it in making firms more productive in the Caribbean. To this end we use a rich firm level dataset covering 14 different countries and various non-parametric, semi- parametric and parametric statistical tools. Our results show...
Persistent link: https://www.econbiz.de/10010929417
History has shown that hurricanes can cause catastrophic destruction and impede economic growth in the Caribbean. Nevertheless, there is essentially as of date no comprehensive quantitative risk and anticipated loss assessment for the region. In this paper we use synthetic hurricane tracks and...
Persistent link: https://www.econbiz.de/10010929423