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Natural disasters and macroeconomic performance
Strulik, Holger; Trimborn, Timo - 2016
Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....
Persistent link: https://www.econbiz.de/10011534396
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Natural disasters and macroeconomic performance : the role of residential investment
Strulik, Holger; Trimborn, Timo - 2014 - First Version: March 2014. This Version: September 2014
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. In many cases, income is not significantly affected and surprisingly, can even respond positively to natural disasters. Here, we propose a simple...
Persistent link: https://www.econbiz.de/10010429129
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The impact of natural disasters on economic growth
Cavallo, Eduardo A.; Becerra, Oscar; Acevedo, Laura - 2021
rates in the disaster's aftermath. In contrast, when the severity of the events is determined by physical intensity rather …
Persistent link: https://www.econbiz.de/10012628798
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The growth impact of disasters in developing Asia
Dagli, Suzette; Ferrarini, Benno - 2019
because disaster effects tend to be highly localized and get diluted in the context of cross-country regressions with …
Persistent link: https://www.econbiz.de/10012020439
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Effectiveness of foreign development assistance in mitigating natural disasters' impact : case study of Pacific island countries
Chen, Hong; Singh, Baljeet - 2020
Natural disasters bring tremendous destruction to small island economies in the South Pacific region. Foreign development aid, as an important source of green finance in the region, has the fundamental purpose of reducing natural disasters' effect on the small island economies. With country...
Persistent link: https://www.econbiz.de/10012163861
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Mitigating the macroeconomic impact of severe natural disasters in Africa : policy synergies
Diop, Samba; Asongu, Simplice; Tchamyou, Vanessa - 2021
This study evaluates the economic impact of severe natural disasters in Africa using the generalized synthetic control method. In other words, it assesses how gross domestic product (GDP) would have been affected if severe natural disasters did not occur. Moreover, it explores the determinants...
Persistent link: https://www.econbiz.de/10012799847
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Natural disaster shocks and macroeconomic growth in Asia : evidence for typhoons and droughts
Alano, Emmanuel; Lee, Minsoo - 2016
Climate-related natural disaster shocks are expected to rise as the earth is getting warmer, which will adversely … of development gains and exacerbate inequality. To cope with increasing disaster risks, both short-term adaptation … strategies like relocation, government transfers, and other social safety nets, as well as long-term strategies like disaster …
Persistent link: https://www.econbiz.de/10011580303
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Do natural disasters stimulate individual saving? : evidence from a natural experiment in a highly developed country
Berlemann, Michael; Steinhardt, Max Friedrich; Tutt, Jascha - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10010516460
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Do natural disasters stimulate individual saving? : evidence from a natural experiment in a highly developed country
Berlemann, Michael; Steinhardt, Max Friedrich; Tutt, Jascha - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10010518804
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Natural catastrophes and financial development : an empirical analysis
Horváth, Roman - 2020
We estimate the causal effect of natural catastrophes on financial development. We focus on largest catastrophes in developing economies in 1960-2016, employ synthetic control method to compute the counterfactual and use the credit to GDP ratio as the measure of financial development. Our...
Persistent link: https://www.econbiz.de/10012242866