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Economic Impact of Natural Disasters: Tracking the Medium-Short term Growth Time Path in Asian Countries
Jönköping University, Jönköping International Business School, JIBS, Economics.
2010 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Past decades have witnessed evidence to large-scale upheaval caused by natural disasters. Thus, there is a need for determination of mechanisms through which natural disasters may influence growth, especially for developing countries. This paper traces the medium-short run time path of agricultural and industrial output growth response to four types of disasters in Southern and Southeastern Asian countries. Disasters considered are floods, droughts, storms and earthquakes. The empirical results suggest heterogeneous effects for disasters as well as different economic sectors. In many cases disaster impact was delayed. Generally speaking, floods and droughts have a stronger effect while earthquakes and storms have a weaker one on disaggregated output growth. Floods have a predominantly posi-tive effect while droughts have a negative one on both agricultural and industrial sectors. Storms seem to show a stronger negative effect in the agricultural sector than in industrial sector hinting at existence of short lived indirect effects. Earth-quakes, on the other hand, presented ambiguous growth responses.

Place, publisher, year, edition, pages
2010. , 38 p.
Keyword [en]
Natural Disasters, Asia, Agricultural output growth, industrial output growth, Floods, Earthquakes, Storms, Droughts
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-12743OAI: oai:DiVA.org:hj-12743DiVA: diva2:327599
Presentation
2010-06-08, 4043, 13:00 (English)
Uppsok
Social and Behavioural Science, Law
Supervisors
Projects
No
Available from: 2010-08-04 Created: 2010-06-29 Last updated: 2010-08-04Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf