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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,...
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better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …
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aggregate output; and (ii) reduced form demand models, where income is expected to cause (separately) per capita residential … energy consumption, per capita residential electricity consumption, and per capita gasoline consumption. We uncover for 12 … different panels a set of super-consistent causality findings across three demand models that income “Granger-causes” per capita …
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; and (ii) reduced form demand models, where income is expected to cause (separately) per capita residential electricity … across two demand models that income “Granger-causes” per capita consumption. By contrast, the results from the production …
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