Fatouros, Nikos; Sun, Yiguo - In: Journal of risk and financial management : JRFM 13 (2020) 12/320, pp. 1-9
Despite the fact that growth theories suggest that natural disasters should have an impact on economic growth, parametric empirical studies have provided little to no evidence supporting that prediction. On the other hand, pure nonparametric regression analysis would be an extremely difficult...