theoretical model are then tested using a panel of data on natural disaster events at the country-year level, covering the period … 1979-2007. In line with recent literature, we find that natural disaster events exert a significant negative impact on … hypothesis that credit constraints cause disaster events to have more persistent effects on economic growth …

the relationship between different measures of natural disaster impact and long-run economic growth. The sample is … of the first regressions show that for some of the groups of countries the disaster impact persists beyond the 2-5 years …

. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead … use the disaster exposure of a country's "aid neighbors," defined as its competitors for aid from donors. Using aid …

better define the geographic area hit by the disaster. We examine two large-scale earthquakes that occurred in two different …