| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
The Macroeconomic Impacts of Natural Disasters: New Evidence from Floods
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| Autores: |
Cunado, Juncal
Ferreira, Susana
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| Data: |
2011-05-03
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| Ano: |
2011
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| Palavras-chave: |
Natural Disasters
Floods
VAR
Economic growth
Macroeconomic Shocks
Environmental Economics and Policy
International Development
Public Economics
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| Resumo: |
We analyze the economic impacts of floods using new data on 3,184 large flood events in 118 countries between 1985 and 2008. We use panel vector auto-regressions to trace the dynamic response of output to three types of flood shocks. Our results robustly indicate that flood shocks tend to have a positive average impact on GDP growth, that this impact is limited to developing countries, that the effect is not confined to the agricultural sector, and that it is stronger when it is accompanied by an increase in gross fixed capital formation.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/103721
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| Relação: |
Agricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania
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| Formato: |
25
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