The aftermath of natural disasters: Beyond destruction

CESifo Forum

Volumn 11, Issue 2, 2010, Pages 25-35

  Cavallo, Eduardo ^a   Noy, Ilan ^b  

^a INTER AMERICAN DEVELOPMENT BANK   (United States)

^b UNIVERSITY OF HAWAII   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77955798424     PISSN: 1615245X     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (59)

1. Anbarci, N., M. Escaleras and C. A. Register. (2005), "Earthquake Fatalities: The Interaction of Nature and Political Economy", Journal of Public Economics 89, 1907-1933.
2. Andersen, T. J. (2007), Developing and Supporting the Use of Disaster-Linked Financial Instruments: The Role of the IDB in Latin America and the Caribbean, Inter-American Development Bank, Working Group on Disaster Risk Financing.
3. Barrioneuvo, A. (2010), "Chile Braces for a Major Economic Slowdown", New York Times, 15 March.
4. Besley, T. and R. Burgess. (2002), "The Political Economy of Government Responsiveness: Theory and Evidence from India", Quarterly Journal of Economics 117, 1415-1451.
5. Bluedorn, J. C. (2005), Hurricanes: Intertemporal Trade and Capital Shocks, Nuffield College Economics Paper 2005-W22.
6. Borensztein, E., E. Cavallo and P. Valenzuela. (2009), "Debt Sustainability under Catastrophic Risk: The Case for Government Budget Insurance", Risk Management and Insurance Review 12, 273-294.
7. Cárdenas,V., S. Hochrainer, R. Mechler,G. Pflug and J. Linnerooth-Bayer. (2007), "Sovereign Financial Disaster Risk Management:The Case of Mexico", Environmental Hazards 7, 40-53.
8. Cárdenas, V. (2008), Financiamiento de Riesgos Catastróficos Naturales, IADB Research Department Working Paper 663.
9. Cavallo, E.,A. Powell and O. Becerra. (2010), "Estimating the Direct Economic Damage of the Earthquake in Haiti", Economic Journal (forthcoming).
10. Cavallo, E. and I. Noy. (2009), The Economics of Natural Disasters: A Survey, IDB Working Paper 124.
11. Cavallo, E., S. Galiani, I. Noy and J. Pantano. (2010), Catastrophic Natural Disasters and Economic Growth, Inter-American Development Bank, mimeo.
12. Coffman, M. and I. Noy. (2009), Hurricane Iniki: Measuring the Long-Term Economic Impact of a Natural Disaster Using Synthetic Control, University of Hawaii Working Paper 09-05.
13. Cuaresma, J. C., J. Hlouskova and M. Obersteiner. (2008), "Natural Disasters as Creative Destruction? Evidence from Developing Countries", Economic Inquiry 46, 214-226.
14. Dercon, S. (2004), "Growth and Shocks: Evidence from Rural Ethiopia", Journal of Development Economics 74, 309-329.
15. ECLAC (2003), Handbook for Estimating the Socio-economic and Environmental Effects of Disasters, United Nations Economic Commission for Latin America and the Caribbean
16. Eisensee, T. and D. Strömberg. (2007), "News Floods, News Droughts, and U.S. Disaster Relief", Quarterly Journal of Economics 122, 693-728.
17. Fengler,W., A. Ihsan and K. Kaiser. (2008), Managing Post-Disaster Reconstruction Finance: International Experience in Public Financial Management, World Bank Policy Research Working Paper 4475.
18. Freeman, P. K., M.Keen and M. Mani. (2003), Dealing with Increased Risk of Natural Disasters: Challenges and Options, IMF Working Paper 03/197.
19. Hallegatte, S. (2008), "An Adaptive Regional Input-Output Model and Its Application to the Assessment of the Economic Cost of Katrina", Risk Analysis 28, 779-799.
20. Hallegatte, S. and P. Dumas (2009), "Can Natural Disasters Have Positive Consequences? Investigating the Role of Embodied Technical Change", Ecological Economics 68, 777-786.
21. Healy, A. and N. Malhotra (2009), "Myopic Voters and Natural Disaster Policy", American Political Science Review 103, 387-406.
22. Hochrainer, S. (2009), Assessing the Macroeconomic Impacts of Natural Disasters - Are There Any?, World Bank Policy Research Working Paper 4968.
23. Hofman, D. and P. Brukoff (2006), Insuring Public Finances against Natural Disasters: A Survey of Options and Recent Initiatives, IMF Working Paper 06/199.
24. Horwich, G. (2000), "Economic Lessons of the Kobe Earthquake", Economic Development and Cultural Change 48, 521-542.
25. Jaramillo, C. R. H. (2009), Do Natural Disasters Have Long-Term Effects on Growth?, Universidad de los Andes, mimeo.
26. Kahn M E. (2005), "The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions", Review of Economics and Statistics 87, 271-284.
27. Keen, B. and M. Pakko (2007), Monetary Policy and Natural Disasters in a DSGE Model:How Should the Fed Have Responded to Hurricane Katrina?, St. Louis Fed Economics Working Paper 2007-25.
28. Kellenberg, D. K. and A. M. Mobarak (2008), "Does Rising Income Increase or Decrease Damage Risk from Natural Disasters?", Journal of Urban Economics 63, 788-802.
29. Kunreuther, H. and M. Pauly (2009), "Insuring against Catastrophes", in: Diebold, F. X., N. J. Doherty and R. J. Herring (eds.), The Known, the Unknown and the Unknowable in Financial Risk Management, Princeton: Princeton University Press.
30. Leiter, A. M., H. Oberhofer and P. A. Raschky (2009), "Creative Disasters? Flooding Effects on Capital, Labor and Productivity within European Firms", Environmental and Resource Economics 43, 333-350.
31. Loayza, N., E. Olaberría, J. Rigolini and L. Christiansen (2009), Natural Disasters and Growth-Going beyond the Averages, World Bank Policy Research Working Paper 4980.
32. Mechler, R. (2009), Disasters and Economic Welfare: Can National Savings Help Explain Post-disaster Changes in Consumption?, World Bank Policy Research Working Paper 4988.
33. Mechler R., S. Hochrainer,A.Aaheim, Z.Kundzewicz,N. Lugeri, and M. Moriondo (2009), "A Risk Management Approach for Assessing Adaptation to Changing Flood and Drought Risks in Europe", in: Hulme,M. and H. Neufeldt (eds.), Making Climate Change Work for Us: European Perspectives on Adaptation and Mitigation Strategies, Cambridge: Cambridge University Press, 200-229.
34. Miller, S. and K. Keipi (2005), Strategies and Financial Instruments for Disaster Risk Management in Latin America and the Caribbean, Inter-American Development Bank Document ENV-145.
35. Noy, I. (2009), "The Macroeconomic Consequences of Disasters", Journal of Development Economics 88, 221-231.
36. Noy, I. and A. Nualsri (2007), What Do Exogenous Shocks Tell Us about Growth Theories?, University of Hawaii Working Paper 07-28.
37. Noy, I. and A. Nualsri (2008), Fiscal Storms: Public Spending and Revenues in the Aftermath of Natural Disasters, University of Hawaii Working Paper 08-09.
38. Noy, I. and T. Vu (2009), "The Economics of Natural Disasters in Vietnam", Journal of Asian Economics (forthcoming).
39. Pelling, M., A. Özerdem and S. Barakat (2002), "The Macroeconomic Impact of Disasters", Progress in Development Studies 2, 283-305.
40. Perrow, C. (2007), The Next Catastrophe: Reducing Our Vulnerabilities to Natural, Industrial, and Terrorist Disasters, Princeton: Princeton University Press.
41. Pielke, Jr.,R. A., J. Gratz,C.W. Landsea,D. Collins,M. Saunders and R. Musulin (2008), "Normalized Hurricane Damages in the United States: 1900-2005", Natural Hazards Review 9, 29-42.
42. Plümper, T. and E. Neumayer (2009), "Famine Mortality, Rational Political Inactivity, and International Food Aid", World Development 37, 50-61.
43. Raddatz C. (2009), The Wrath of God: Macroeconomic Costs of Natural Disasters,World Bank Policy Research Working Paper 5039.
44. Ramcharan, R. (2007), "Does the Exchange Rate Regime Matter for Real Shocks? Evidence from Windstorms and Earthquakes", Journal of International Economics 73, 31-47.
45. Raschky, P. A. (2008), "Institutions and the Losses from Natural Disasters", Natural Hazards Earth Systems Science 8, 627-634.
46. Raschky, P.A. and H.Weck-Hannemann (2007), "Charity Hazard - A Real Hazard to Natural Disaster Insurance?", Environmental Hazards 7, 321-329.
47. Rodriguez-Oreggia, E., A. de la Fuente and R. de la Torre (2009), The Impact of Natural Disasters on Human Development and Poverty at the Municipal Level in Mexico, mimeo.
48. Sadowski, N. C. and D. Sutter (2005), "Hurricane Fatalities and Hurricane Damages: Are Safer Hurricanes More Damaging?", Southern Economic Journal 72, 422-432.
49. Selcuk, F. and E.Yeldan (2001), "On the Macroeconomic Impact of the August 1999 Earthquake in Turkey: A First Assessment", Applied Economics Letters 8, 483-488.
50. Sen, A. (1981), Poverty and Famines: An Essay on Entitlement and Deprivation, Oxford: Oxford University Press.
51. Skidmore, M. and H. Toya (2002), "Do Natural Disasters Promote Long-run Growth?", Economic Inquiry 40, 664-687.
52. Skidmore M. and H.Toya (2007), "Economic Development and the Impacts of Natural Disasters", Economic Letters 94, 20-25.
53. Strobl, E. (2008), The Economic Growth Impact of Hurricanes: Evidence from U.S. Coastal Counties, IZA Discussion Papers 3619.
54. Strömberg, D. (2007), "Natural Disasters, Economic Development, and Humanitarian Aid", Journal of Economic Perspectives 21, 199-222.
55. Townsend R. (1994), "Risk and Insurance in Village India", Econometrica 62, 539-591.
56. Tschoegl, L. (2006), An Analytical Review of Selected Data Sets on Natural Disasters and Impacts, Paper Prepared for the UNDP/CRED Workshop on Improving Compilation of Reliable Data on Disaster Occurrence and Impact, Bangkok, 2-4 April 2006.
57. Udry, C. (1994), "Risk and Saving in Northern Nigeria", American Economic Review 85, 1287-1300.
58. Vigdor, J. (2008),"The Economic Aftermath of Hurricane Katrina", Journal of Economic Perspectives 22, 135-154.
59. Yang, D. (2008), "Coping With Disaster: The Impact of Hurricanes on International Financial Flows", B.E. Journal of Economic Analysis and Policy 8, 1-43.