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The economics of natural disasters : a survey

Author: Eduardo A Cavallo; Ilan Noy; Inter-American Development Bank. Research Department.
Publisher: Washington, D.C. : IDB, 2010.
Series: IDB working paper series, 124.; IDB working paper series, IDB-WP-124.; Inter-American Development Bank working paper series, 124.; Inter-American Development Bank working paper series, IDB-WP-124.
Edition/Format:   eBook : English
Database:WorldCat
Summary:
Natural disasters are by no means new, yet the evolving understanding of their relevance to economic development and growth is still in its infancy. This paper summarizes the state of the economic literature examining the aggregate impact of disasters. The paper reviews the main disaster data sources available, discusses the determinants of the direct effects of disasters, and distinguishes between short and  Read more...
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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Eduardo A Cavallo; Ilan Noy; Inter-American Development Bank. Research Department.
OCLC Number: 643335121
Notes: "May 2010."
Description: 1 online resource.
Details: Available on the World Wide Web.
Series Title: IDB working paper series, 124.; IDB working paper series, IDB-WP-124.; Inter-American Development Bank working paper series, 124.; Inter-American Development Bank working paper series, IDB-WP-124.
Responsibility: Eduardo Cavallo, Ilan Noy.

Abstract:

Natural disasters are by no means new, yet the evolving understanding of their relevance to economic development and growth is still in its infancy. This paper summarizes the state of the economic literature examining the aggregate impact of disasters. The paper reviews the main disaster data sources available, discusses the determinants of the direct effects of disasters, and distinguishes between short and long-run indirect effects. The paper then examines some of the relevant policy questions and follows up with projections about the likelihood of future disasters. The paper ends by identifying several significant gaps in the literature.

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