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Economic development and the impacts of natural disasters*

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Author

Listed:
  • Toya, Hideki
  • Skidmore, Mark

Abstract

We use disaster impact data over time to examine the degree to which the human and economic losses from natural disasters are reduced as economies develop. We find that countries with higher income, higher educational attainment, greater openness, more complete financial systems and smaller government experience fewer losses.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Toya, Hideki & Skidmore, Mark, 2007. "Economic development and the impacts of natural disasters," Economics Letters, Elsevier, vol. 94(1), pages 20-25, January.
    • Handle: RePEc:eee:ecolet:v:94:y:2007:i:1:p:20-25
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    References listed on IDEAS

    as
    1. Horwich, George, 2000. "Economic Lessons of the Kobe Earthquake," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 521-542, April.
    2. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    3. Matthew E. Kahn, 2005. "The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 271-284, May.
    4. Barro, Robert J & Lee, Jong Wha, 1996. "International Measures of Schooling Years and Schooling Quality," American Economic Review, American Economic Association, vol. 86(2), pages 218-223, May.
    Full references (including those not matched with items on IDEAS)

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    Replication

    This item has been replicated by:
  • Robert Mercer & W. Robert Reed, 2015. "A Replication of “Economic Development and the Impacts of Natural Disasters†(Economics Letters 2007)," Public Finance Review, , vol. 43(2), pages 155-178, March.

    • More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    Lists

    This item is featured on the following reading lists, Wikipedia, or ReplicationWiki pages:
    1. Economic Development and the Impacts of Natural Disasters (EL 2007) in ReplicationWiki

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