Natural Disasters and Economic Growth: A Semiparametric Smooth Coefficient Model Approach
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Matthias Ruth & María E. Ibarrarán (ed.), 2009. "Distributional Impacts of Climate Change and Disasters," Books, Edward Elgar Publishing, number 13215.
- Martin Feldkircher & Stefan Zeugner, 2012.
"The impact of data revisions on the robustness of growth determinants—a note on ‘determinants of economic growth: Will data tell?’,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(4), pages 686-694, June.
- Feldkircher, Martin & Zeugner, Stefan, 2010. "The Impact of Data Revisions on the Robustness of Growth Determinants - A Note on 'Determinants of Economic Growth. Will Data Tell?'," Working Papers in Economics 2010-12, University of Salzburg.
- Aghion, Philippe & Howitt, Peter, 1992.
"A Model of Growth through Creative Destruction,"
Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," University of Western Ontario, Departmental Research Report Series 8904, University of Western Ontario, Department of Economics.
- Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
- Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
- Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers 527, Massachusetts Institute of Technology (MIT), Department of Economics.
- Robert J. Barro, 1998.
"Determinants of Economic Growth: A Cross-Country Empirical Study,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262522543, December.
- Robert J. Barro, 1996. "Determinants of Economic Growth: A Cross-Country Empirical Study," NBER Working Papers 5698, National Bureau of Economic Research, Inc.
- Barro, Robert, 1997. "Determinants Of Economic Growth A Cross-Country Empirical Study," Harvard Institute for International Development (HIID) Papers 294398, Harvard University, Kennedy School of Government.
- Thomas K.J. McDermott & Frank Barry & Richard S.J. Tol, 2014.
"Disasters and development: natural disasters, credit constraints, and economic growth,"
Oxford Economic Papers, Oxford University Press, vol. 66(3), pages 750-773.
- Thomas K.J. McDermott, "undated". "Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth," The Institute for International Integration Studies Discussion Paper Series iiisdp363, IIIS.
- McDermott, Thomas K. J. & Barry, Frank & Tol, Richard S. J., 2011. "Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth," Papers WP411, Economic and Social Research Institute (ESRI).
- Thomas K.J. McDermott & Frank Barry & Richard S.J. Tol, 2013. "Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth," CEDI Discussion Paper Series 13-03, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Thomas Fomby & Yuki Ikeda & Norman V. Loayza, 2013.
"The Growth Aftermath Of Natural Disasters,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(3), pages 412-434, April.
- Fomby, Thomas & Ikeda, Yuki & Loayza, Norman, 2009. "The growth aftermath of natural disasters," Policy Research Working Paper Series 5002, The World Bank.
- 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.
- Rockey, James & Temple, Jonathan, 2016.
"Growth econometrics for agnostics and true believers,"
European Economic Review, Elsevier, vol. 81(C), pages 86-102.
- Temple, Jonathan & Rockey, James, 2015. "Growth Econometrics for Agnostics and True Believers," CEPR Discussion Papers 10590, C.E.P.R. Discussion Papers.
- James Rockey & Jonathan Temple, 2015. "Growth Econometrics for Agnostics and True Believers," Bristol Economics Discussion Papers 15/656, School of Economics, University of Bristol, UK.
- Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2008.
"Are Any Growth Theories Robust?,"
Economic Journal, Royal Economic Society, vol. 118(527), pages 329-346, March.
- StevenN. Durlauf & Andros Kourtellos & ChihMing Tan, 2008. "Are Any Growth Theories Robust?," Economic Journal, Royal Economic Society, vol. 118(527), pages 329-346, March.
- Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2007. "Are any Growth Theories Robust?," University of Cyprus Working Papers in Economics 2-2007, University of Cyprus Department of Economics.
- Steven N. Durlauf & Andros KOURTELLOS & Chih Ming Tan, 2007. "Are Any Growth Theories Robust?," Discussion Papers Series, Department of Economics, Tufts University 0703, Department of Economics, Tufts University.
- Robert J. Barro, 1991.
"Economic Growth in a Cross Section of Countries,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
- Robert J. Barro, 1989. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
- Barro, R.J., 1989. "Economic Growth In A Cross Section Of Countries," RCER Working Papers 201, University of Rochester - Center for Economic Research (RCER).
- Xavier X. Sala-i-Martin, 1997.
"I Just Ran Four Million Regressions,"
NBER Working Papers
6252, National Bureau of Economic Research, Inc.
- Xavier Sala-i-Martin, 1997. "I just ran four million regressions," Economics Working Papers 201, Department of Economics and Business, Universitat Pompeu Fabra.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2013.
"Catastrophic Natural Disasters and Economic Growth,"
The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1549-1561, December.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Research Department Publications 4671, Inter-American Development Bank, Research Department.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Working Papers 201006, University of Hawaii at Manoa, Department of Economics.
- Cavallo, Eduardo A. & Noy, Ilan & Pantano, Juan & Galiani, Sebastián, 2010. "Catastrophic Natural Disasters and Economic Growth," IDB Publications (Working Papers) 1903, Inter-American Development Bank.
- Klomp, Jeroen, 2020. "Do natural disasters affect monetary policy? A quasi-experiment of earthquakes," Journal of Macroeconomics, Elsevier, vol. 64(C).
- Loayza, Norman V. & Olaberría, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2012.
"Natural Disasters and Growth: Going Beyond the Averages,"
World Development, Elsevier, vol. 40(7), pages 1317-1336.
- 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.
- Sala-i-Martin, Xavier, 1997.
"I Just Ran Two Million Regressions,"
American Economic Review, American Economic Association, vol. 87(2), pages 178-183, May.
- Xavier X. Sala-i-Martin, 1997. "I Just Ran Four Million Regressions," NBER Working Papers 6252, National Bureau of Economic Research, Inc.
- Cantelmo, Alessandro & Melina, Giovanni & Papageorgiou, Chris, 2023.
"Macroeconomic outcomes in disaster-prone countries,"
Journal of Development Economics, Elsevier, vol. 161(C).
- Mr. Alessandro Cantelmo & Mr. Giovanni Melina & Mr. Chris Papageorgiou, 2019. "Macroeconomic Outcomes in Disaster-Prone Countries," IMF Working Papers 2019/217, International Monetary Fund.
- Drago Bergholt & Päivi Lujala, 2012. "Climate-related natural disasters, economic growth, and armed civil conflict," Journal of Peace Research, Peace Research Institute Oslo, vol. 49(1), pages 147-162, January.
- Bruns, Stephan B. & Ioannidis, John P.A., 2020. "Determinants of economic growth: Different time different answer?," Journal of Macroeconomics, Elsevier, vol. 63(C).
- Strobl, Eric, 2012. "The economic growth impact of natural disasters in developing countries: Evidence from hurricane strikes in the Central American and Caribbean regions," Journal of Development Economics, Elsevier, vol. 97(1), pages 130-141.
- Robert J. Barro, 2003.
"Determinants of Economic Growth in a Panel of Countries,"
Annals of Economics and Finance, Society for AEF, vol. 4(2), pages 231-274, November.
- Robert J. Barro, 2003. "Determinants of Economic Growth in a Panel of Countries," CEMA Working Papers 505, China Economics and Management Academy, Central University of Finance and Economics.
- Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2012. "Temperature Shocks and Economic Growth: Evidence from the Last Half Century," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(3), pages 66-95, July.
- María Ibarrarán & Matthias Ruth & Sanjana Ahmad & Marisa London, 2009. "Climate change and natural disasters: macroeconomic performance and distributional impacts," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 11(3), pages 549-569, June.
- Ricardo Carvalho de Andrade Lima & Antonio Vinícius Barros Barbosa, 2019. "Natural disasters, economic growth and spatial spillovers: Evidence from a flash flood in Brazil," Papers in Regional Science, Wiley Blackwell, vol. 98(2), pages 905-924, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Fatouros, Nikos, 2024. "Economic Impact of Natural Disasters Under the New Normal of Climate Change: The Role of Green Technologies," MPRA Paper 120162, University Library of Munich, Germany, revised 01 Feb 2024.
- Nicholas Apergis & Iraklis Apergis, 2024. "Transition climate risks and corporate risky asset holdings: evidence from US firms," Economics and Business Letters, Oviedo University Press, vol. 13(4), pages 172-182.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mark F. J. Steel, 2020.
"Model Averaging and Its Use in Economics,"
Journal of Economic Literature, American Economic Association, vol. 58(3), pages 644-719, September.
- Steel, Mark F. J., 2017. "Model Averaging and its Use in Economics," MPRA Paper 81568, University Library of Munich, Germany.
- Steel, Mark F. J., 2017. "Model Averaging and its Use in Economics," MPRA Paper 90110, University Library of Munich, Germany, revised 16 Nov 2018.
- De Bandt Olivier, & Jacolin Luc, & Lemaire Thibault., 2021.
"Climate Change in Developing Countries: Global Warming Effects,Transmission Channels and Adaptation Policies,"
Working papers
822, Banque de France.
- Olivier R de Bandt & Luc Jacolin & Thibault Lemaire, 2021. "Climate Change in Developing Countries: Global Warming Effects, Transmission Channels and Adaptation Policies," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03948704, HAL.
- Olivier R de Bandt & Luc Jacolin & Thibault Lemaire, 2021. "Climate Change in Developing Countries: Global Warming Effects, Transmission Channels and Adaptation Policies," Working Papers hal-03948704, HAL.
- Gasmi, Farid & Recuero Virto, Laura & Couvet, Denis, 2023. "An empirical analysis of economic growth in countries exposed to coastal risks: Implications for their ecosystems," Economic Systems, Elsevier, vol. 47(4).
- Lazzaroni, Sara & van Bergeijk, Peter A.G., 2014.
"Natural disasters' impact, factors of resilience and development: A meta-analysis of the macroeconomic literature,"
Ecological Economics, Elsevier, vol. 107(C), pages 333-346.
- Lazzaroni, S. & van Bergeijk, P.A.G., 2013. "Natural disasters impact, factors of resilience and development: A meta-analysis of the macroeconomic literature," ISS Working Papers - General Series 554, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
- Peter A. G. van Bergeijk & Sara Lazzaroni, 2015. "Macroeconomics of Natural Disasters: Strengths and Weaknesses of Meta‐Analysis Versus Review of Literature," Risk Analysis, John Wiley & Sons, vol. 35(6), pages 1050-1072, June.
- Huang, Lulu & Liu, Qiannan & Tang, Yugang, 2024. "Long-term economic impact of disasters: Evidence from multiple earthquakes in China," World Development, Elsevier, vol. 174(C).
- Hiroki Onuma & Kong Joo Shin & Shunsuke Managi, 2021. "Short-, Medium-, and Long-Term Growth Impacts of Catastrophic and Non-catastrophic Natural Disasters," Economics of Disasters and Climate Change, Springer, vol. 5(1), pages 53-70, April.
- Bruns, Stephan B. & Ioannidis, John P.A., 2020. "Determinants of economic growth: Different time different answer?," Journal of Macroeconomics, Elsevier, vol. 63(C).
- David Castells-Quintana & Maria del Pilar Lopez-Uribe & Tom McDermott, 2015. "Climate change and the geographical and institutional drivers of economic development," GRI Working Papers 198, Grantham Research Institute on Climate Change and the Environment.
- Tausch, Arno, 2011. "The ‘four economic freedoms’ and life quality. General tendencies and some hard lessons for EU-27-Europe," MPRA Paper 33225, University Library of Munich, Germany.
- Mallick, Debdulal, 2012. "The role of the elasticity of substitution in economic growth: A cross-country investigation," Labour Economics, Elsevier, vol. 19(5), pages 682-694.
- Gasmi, Farid & Recuero Virto, Laura & Couvet, Denis, 2023. "An empirical analysis of economic growth in countries exposed to coastal risks - Implications for their ecosystems," TSE Working Papers 23-1399, Toulouse School of Economics (TSE).
- Lopez-Uribe, Maria del Pilar & Castells-Quintana, David & McDermott, Thomas K. J., 2017. "Geography, institutions and development: a review ofthe long-run impacts of climate change," LSE Research Online Documents on Economics 65147, London School of Economics and Political Science, LSE Library.
- D'Andrea, Sara, 2022.
"Are there any robust determinants of growth in Europe? A Bayesian Model Averaging approach,"
International Economics, Elsevier, vol. 171(C), pages 143-173.
- Sara D'Andrea, 2022. "Are there any robust determinants of growth in Europe? A Bayesian Model Averaging approach," International Economics, CEPII research center, issue 171, pages 143-173.
- Matthew Ranson & Lisa Tarquinio & Audrey Lew, 2016. "Modeling the Impact of Climate Change on Extreme Weather Losses," NCEE Working Paper Series 201602, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised May 2016.
- Jeroen Klomp & John Sseruyange, 2021. "Earthquakes and Economic Outcomes: Does Central Bank Independence Matter?," Open Economies Review, Springer, vol. 32(2), pages 335-359, April.
- von Peter, Goetz & von Dahlen, Sebastian & Saxena, Sweta, 2024.
"Unmitigated disasters? Risk sharing and macroeconomic recovery in a large international panel,"
Journal of International Economics, Elsevier, vol. 149(C).
- Goetz von Peter & Sebastian von Dahlen & Sweta Saxena, 2023. "Unmitigated Disasters? Risk Sharing and Macroeconomic Recovery in a Large International Panel," NBER Chapters, in: NBER International Seminar on Macroeconomics 2023, National Bureau of Economic Research, Inc.
- Goetz von Peter & Sebastian von Dahlen & Sweta C Saxena, 2024. "Unmitigated disasters? Risk-sharing and macroeconomic recovery in a large international panel," BIS Working Papers 1175, Bank for International Settlements.
- Adjei-Mantey, Kwame & Adusah-Poku, Frank, 2019. "Natural disasters and economic growth in Africa," MPRA Paper 95588, University Library of Munich, Germany.
- Tausch, Arno, 2015. "Globalization, the environment and the future “greening” of Arab politics," MPRA Paper 64511, University Library of Munich, Germany.
- William Ginn, 2022. "Climate Disasters and the Macroeconomy: Does State-Dependence Matter? Evidence for the US," Economics of Disasters and Climate Change, Springer, vol. 6(1), pages 141-161, March.
More about this item
Keywords
economic growth; fixed effects; natural disasters; smooth coefficient; panel data models;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:13:y:2020:i:12:p:320-:d:462353. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.