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This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a general analytical framework, with an application to hurricane flood risks in New Orleans. It concludes that where capital accumulates through increased density of capital...
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how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database … protect against storm consequences. We show that the negative growth effects in underdeveloped countries are amplified by an …
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This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a normative analytical framework, with an illustration on hurricane flood risks in New Orleans. It concludes that, where capital accumulates through increased density of...
Persistent link: https://www.econbiz.de/10013083303