| 000 -LEADER |
|---|
| fixed length control field |
02011nam a2200181 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
190808b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Panwar, Vikrant |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Economic impact of natural disasters: an empirical re-examination |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Date of publication, distribution, etc |
2019 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.109-139. |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
Natural disasters cause serious economic and human losses. Yet there remains ambiguity in the existing literature with regard to their impact on the economy at large. This study re-examines the relationship between natural disasters and economic growth. It aims to contribute to a fairly limited literature on the economy-wide and sector-specific consequences of natural disasters in the short-to-medium term (up to 5 years). Further, it examines whether the disaster impacts are dependent on a country’s level of development. Based on panel data consisting of 102 (29 developed and 73 developing) countries over the period 1981–2015, it looks at the growth effects of four types of natural disasters, namely, floods, droughts, storms and earthquakes that were explored using the system generalised method of moments (GMM) approach. The results indicate that natural disasters have diverse economic impacts across economic sectors depending on disaster types and their intensity. The study confirms the findings of previous studies that the economic impacts of natural disasters are statistically stronger in developing countries. These findings may stimulate the policymakers especially in developing countries to explore the efficacy of viable ex-ante disaster risk financing tools (such as insurance, micro-insurance and catastrophic bonds). This would not only safeguard population and physical assets but also ensure adherence to the sustainable development goals. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Economic development |
| 9 (RLIN) |
7985 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Economic growth |
| 9 (RLIN) |
7986 |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Sen, Subir |
| 9 (RLIN) |
7987 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Margin- The Journal of Applied Economic Research |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
|---|
| Subject DIP |
Disasters |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
|
| Item type |
Articles |
