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Economic Development and the Impacts of Natural Disasters

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Author Info
Mark Skidmore () (Department of Economics, University of Wisconsin - Whitewater)
Hideki Toya () (Faculty of Economics, Nagoya City University)

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Abstract

We use disaster impact data over time to examine the degree to which the human and economic losses from natural disasters are reduced as economies develop. We find that countries with higher income, higher educational attainment, greater openness, more complete financial systems and smaller government experience fewer losses.

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File URL: http://academics.uww.edu/business/economics/wpapers/05_04_skidmore.pdf
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Publisher Info
Paper provided by UW-Whitewater, Department of Economics in its series Working Papers with number 05-04.

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Length: 14 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:uww:wpaper:05-04

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Postal: Whitewater, WI 53190-1750
Phone: (414) 472-1361
Web page: http://academics.uww.edu/business/economics/
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Related research
Keywords: Economic Development; Natural Disasters;

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Find related papers by JEL classification:
O1 - Economic Development, Technological Change, and Growth - - Economic Development
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters

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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.:
  1. Barro, Robert J & Lee, Jong Wha, 1996. "International Measures of Schooling Years and Schooling Quality," American Economic Review, American Economic Association, vol. 86(2), pages 218-23, May. [Downloadable!] (restricted)
  2. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. Cuaresma, Jesus Crespo, 2009. "Natural disasters and human capital accumulation," Policy Research Working Paper Series 4862, The World Bank. [Downloadable!]
  2. Gregory Price, 2008. "Hurricane Katrina: Was There a Political Economy of Death?," The Review of Black Political Economy, Springer, vol. 35(4), pages 163-180, December. [Downloadable!] (restricted)
  3. Padli, Jaharudin & Habibullah, M.S., 2008. "Natural disaster death and socio-economic factors in selected Asian countries: A panel data analysis," MPRA Paper 11921, University Library of Munich, Germany. [Downloadable!]
  4. Raddatz, Claudio, 2009. "The wrath of God : macroeconomic costs of natural disasters," Policy Research Working Paper Series 5039, The World Bank. [Downloadable!]
  5. David E. Wildasin, 2006. "Disasters: Issues for State and Federal Government Finances," Working Papers 2006-07, University of Kentucky, Institute for Federalism and Intergovernmental Relations. [Downloadable!]
  6. Strobl, Eric, 2008. "The Economic Growth Impact of Hurricanes: Evidence from US Coastal Counties," IZA Discussion Papers 3619, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. Ilan Noy, 2007. "The Macroeconomic Consequences of Disasters," Working Papers 200707, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    Other versions:
  8. Loayza, Norman & Olaberria, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2009. "Natural disasters and growth - going beyond the averages," Policy Research Working Paper Series 4980, The World Bank. [Downloadable!]
  9. Mechler, Reinhard, 2009. "Disasters and economic welfare : can national savings help explain post-disaster changes in consumption ?," Policy Research Working Paper Series 4988, The World Bank. [Downloadable!]
  10. Ingmar Schumacher & Eric Strobl, 2008. "Economic development and losses due to natural disasters: the role of risk," Working Papers hal-00356286_v1, HAL. [Downloadable!]
  11. Narita, Daiju & Tol, Richard S. J. & Anthoff, David, 2009. "Economic Costs of Extratropical Storms Under Climate Change: An Application of FUND," Papers WP274, Economic and Social Research Institute (ESRI). [Downloadable!]
  12. Ilan Noy & Tam Bang Vu, 2009. "The Economics of Natural Disasters in a Developing Country: The Case of Vietnam," Working Papers 200903, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
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