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The Resilience of German Counties to the Natural Disaster Storm "Lothar”

Author

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  • Mona Förtsch
  • Xenia Frei
  • Anna Kremer
  • Lisa-Marie Müller

Abstract

This article examines the economic resilience of German counties to a natural disaster. We look at the effects of the storm LOTHAR, which hit southern Germany particularly hard at the end of 1999. Our study shows that German regions were quite resilient to the storm LOTHAR. Only in particularly hard-hit hurricane regions did LOTHAR have a negative impact on the gross domestic product per inhabitant. In contrast, counties where wind speeds were lower were less vulnerable. Even in the severely affected counties, there was a very rapid economic recovery, usually within a year.

Suggested Citation

  • Mona Förtsch & Xenia Frei & Anna Kremer & Lisa-Marie Müller, 2021. "The Resilience of German Counties to the Natural Disaster Storm "Lothar”," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 28(02), pages 09-14, April.
    • Handle: RePEc:ces:ifodre:v:28:y:2021:i:02:p:09-14
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    References listed on IDEAS

    as
    1. Mona Förtsch & Xenia Frei & Anna Kremer & Joachim Ragnitz, 2021. "Regional Risk and Resilience Factors – An Analysis for Germany," ifo Dresden Studien, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 86.
    2. Michael Berlemann & Gerit Vogt, 2007. "Kurzfristige Wachstumseffekte von Naturkatastrophen," ifo Working Paper Series 52, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Stefan P. T. Groot & J. L. Möhlmann & J. H. Garretsen & Henri L. F. de Groot, 2011. "The crisis sensitivity of European countries and regions: stylized facts and spatial heterogeneity," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 4(3), pages 437-456.
    4. Matthias Duschl, 2014. "Regional resilience and fat tails: A stochastic analysis of firm growth rate distributions of German regions," Working Papers on Innovation and Space 2014-01, Philipps University Marburg, Department of Geography.
    5. Crescenzi, Riccardo & Luca, Davide & Milio, Simona, 2016. "The geography of the economic crisis in Europe: national macroeconomic conditions, regional structural factors and short-term economic performance," LSE Research Online Documents on Economics 64061, London School of Economics and Political Science, LSE Library.
    6. Barone, Guglielmo & Mocetti, Sauro, 2014. "Natural disasters, growth and institutions: A tale of two earthquakes," Journal of Urban Economics, Elsevier, vol. 84(C), pages 52-66.
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