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Document Type

Article

Abstract

This paper seeks to determine the relationship between natural disasters and long run growth. Natural disasters affect several important macroeconomic variables, most notably technology, that can increase or decrease economic growth. Recovery following disasters is important, and the institutions of a country help determine how the recovery progresses. Institutions also help determine the outcomes of some events, such as inflation, that could affect long run growth. Countries can help maximize the positive effects of natural disasters on growth by improving their response to disasters and preparing for the next disaster.

Publication Date

Spring 2006

Journal Title

Major Themes in Economics

Volume

8

Issue

1

First Page

61

Last Page

82

Copyright

©2006 by Major Themes in Economics

Language

en

File Format

application/pdf

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