Template-Type: ReDIF-Paper 1.0
Author-Name: Lazzaroni, S.
Author-Name-Last: Lazzaroni
Author-Name-First: Sara
Author-Name: van Bergeijk, P.A.G.
Author-Name-Last: van Bergeijk
Author-Name-First: Peter
Author-Person: pbe494
Title: Natural disasters impact, factors of resilience and development: A meta-analysis of the macroeconomic literature
Abstract: We systematize recent macroeconomic empirical literature on the direct and indirect impact of natural disasters providing a meta-analysis of 20 studies published during 2002-2013. We show that the disagreement between these studies is caused by the empirical design, the estimation technique and the resilience factors included in the analyses. The meta-regression suggests that studies that analyse indirect costs have a 88% higher probability to find a positive significant disaster impact than studies of direct costs. If the impact of the disaster is modelled through a disaster indicator, the likelihood of finding a negative and significant disaster impact increases by 64%.
Creation-Date: 2013-03-29
File-URL: https://repub.eur.nl/pub/39446/wp554.pdf
File-Format: application/pdf
Series: RePEc:ems:euriss
Number: 554
Keywords: growth, meta-analysis, natural disasters, resilience
Handle: RePEc:ems:euriss:39446