Advanced Search
MyIDEAS: Login to save this paper or follow this series

REPLICATION STUDY: Toya and Skidmore (Economics Letters, 2007

Contents:

Author Info

Abstract

This study replicates the empirical findings of Toya and Skidmore (2007), hereinaf¬ter “TS”, and performs a variety of robustness checks. We are able to exactly replicate the find¬ings reported by TS. Our robustness checks consist of two parts. Firstly, we update TS’s orig¬in¬al data set, both with respect to variable values and years. We then address a number of estim-ation issues: (i) truncation bias, (ii) the effect of severe skewness in the disaster data, (iii) fixed effects, and (iv) the omission of a time trend. Our robustness checks produce two major results: We confirm TS’s finding that income is negatively related to both fatalities and econ¬omic losses from disasters. In fact, we estimate coefficients that are substantially larger than TS. On the other hand, we find no evidence to indicate that the other economic devel¬op¬ment variables (educational attainment, size of government, economic openness, financial sec¬tor development) are statistically related to either fatalities or economic damages.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.econ.canterbury.ac.nz/RePEc/cbt/econwp/1305.pdf
Download Restriction: no

Bibliographic Info

Paper provided by University of Canterbury, Department of Economics and Finance in its series Working Papers in Economics with number 13/05.

as in new window
Length: 31 pages
Date of creation: 12 Jan 2013
Date of revision:
Handle: RePEc:cbt:econwp:13/05

Contact details of provider:
Postal: Private Bag 4800, Christchurch, New Zealand
Phone: 64 3 369 3123 (Administrator)
Fax: 64 3 364 2635
Web page: http://www.econ.canterbury.ac.nz
More information through EDIRC

Related research

Keywords: Economic development; Natural disasters; Replication study;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Price V. Fishback, 2010. "Social Welfare Expenditures in the United States and the Nordic Countries: 1900-2003," NBER Working Papers 15982, National Bureau of Economic Research, Inc.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cbt:econwp:13/05. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Albert Yee).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.