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Catastrophes caused by natural disasters are by no means new, yet the evolving understanding of their relevance to economic development and growth is still in its infancy. In order to facilitate further necessary research on this topic, this paper summarizes the state of the economic literature...
Persistent link: https://www.econbiz.de/10010247143
We examine the impact of natural disasters on GDP per capita by applying the synthetic control approach. Our analysis encompasses two large-scale earthquakes that occurred in two different Italian regions in 1976 and 1980. We show that the short-term effects are negligible in both regions,...
Persistent link: https://www.econbiz.de/10013056050
Natural hazards have a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the natural disasters vulnerability evaluation (NDVE) model – to evaluate the impact...
Persistent link: https://www.econbiz.de/10013291673
The NDVE-Model is utilized in our study is based on multidimensional mathematical modeling and GPS mapping to evaluate under different levels of vulnerability. In fact, this study applies three basic indicators of climate change issues– (i) the natural disasters' vulnerability propensity rate...
Persistent link: https://www.econbiz.de/10014176731
The natural disasters have a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the natural disasters vulnerability evaluation (NDVE) model – to evaluate the...
Persistent link: https://www.econbiz.de/10014042914
In this paper, we introduce a new applicable tool to evaluate any post-natural disaster and its impact on people losses and damage, the new applicable tool is entitled “the post-natural disaster people losses and damage simulator (Ḧ-Simulator).” Subsequently, the Ḧ-Simulator works under...
Persistent link: https://www.econbiz.de/10014104676
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 average. We find that countries that have in...
Persistent link: https://www.econbiz.de/10013306749
We examine the impact of natural disasters on economic growth by applying a synthetic control approach. In contrast to previous literature, we adopt a within-country perspective, which allows us to use richer and more comparable data and to better define the geographic area hit by the disaster....
Persistent link: https://www.econbiz.de/10011543882
Persistent link: https://www.econbiz.de/10010532269
This paper studies the allocation of total disaster risk reduction public spending among regions in Peru. The main objective of this work is to identify the main determinants of the distribution of these resources, and for this purpose an index of historical physical impacts of natural...
Persistent link: https://www.econbiz.de/10011285568