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Natural disasters and human capital accumulation Author info | Abstract | Publisher info | Download info | Related research | Statistics Cuaresma, Jesus Crespo
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The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an extremely robust negative partial correlation between secondary school enrollment and natural disaster risk. This result is exclusively driven by geological disasters. Natural disaster risk exposure is a robust determinant of differences in secondary school enrollment between countries, but not within countries, which implies that the effect can be interpreted as a long-run phenomenon.
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number
4862.
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Date of creation: 01 Mar 2009Date of revision:
Handle: RePEc:wbk:wbrwps:4862Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433 Email: Web page: http://www.worldbank.org/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Roula I. Yazigi).
Keywords: Natural Disasters ; Hazard Risk Management ; Disaster Management ; Population Policies ; Access to Finance ; Other versions of this item:
This paper has been announced in the following NEP Reports :
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.: Winford H. Masanjala & Chris Papageorgiou, 2008.
"Rough and lonely road to prosperity: a reexamination of the sources of growth in Africa using Bayesian model averaging ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 23(5), pages 671-682.
[Downloadable!]
Jesus Crespo Cuaresma & Gernot Doppelhofer & Martin Feldkircher, 2008.
"The Determinants of Economic Growth in European Regions ,"
Working Papers
2008-26, Faculty of Economics and Statistics, University of Innsbruck.
[Downloadable!]
Other versions: Noy, Ilan, 2009.
"The macroeconomic consequences of disasters ,"
Journal of Development Economics ,
Elsevier, vol. 88(2), pages 221-231, March.
[Downloadable!] (restricted)
Other versions: Stijns, Jean-Philippe, 2006.
"Natural resource abundance and human capital accumulation ,"
World Development ,
Elsevier, vol. 34(6), pages 1060-1083, June.
[Downloadable!] (restricted)
Other versions: Crespo Cuaresma & Hlouskova & Obersteiner, 2008.
"Natural Disasters As Creative Destruction? Evidence From Developing Countries ,"
Economic Inquiry ,
Western Economic Association International, vol. 46(2), pages 214-226, 04.
[Downloadable!] (restricted)
Flug, Karnit & Spilimbergo, Antonio & Wachtenheim, Erik, 1998.
"Investment in education: do economic volatility and credit constraints matter? ,"
Journal of Development Economics ,
Elsevier, vol. 55(2), pages 465-481, April.
[Downloadable!] (restricted)
Other versions: Xavier Sala-I-Martin & Gernot Doppelhofer & Ronald I. Miller, 2004.
"Determinants of Long-Term Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach ,"
American Economic Review ,
American Economic Association, vol. 94(4), pages 813-835, September.
[Downloadable!]
Other versions: Toya, Hideki & Skidmore, Mark, 2007.
"Economic development and the impacts of natural disasters ,"
Economics Letters ,
Elsevier, vol. 94(1), pages 20-25, January.
[Downloadable!] (restricted)
Other versions: Skidmore, Mark, 2001.
"Risk, natural disasters, and household savings in a life cycle model ,"
Japan and the World Economy ,
Elsevier, vol. 13(1), pages 15-34, January.
[Downloadable!] (restricted)
Checchi, Daniele & Garcia-Penalosa, Cecilia, 2004.
"Risk and the distribution of human capital ,"
Economics Letters ,
Elsevier, vol. 82(1), pages 53-61, January.
[Downloadable!] (restricted)
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