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
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Language
en
File Format
application/pdf
Recommended Citation
Popp, Aaron
(2006)
"The Effects of Natural Disasters on Long Run Growth,"
Major Themes in Economics, 8, 61-82.
Available at:
https://scholarworks.uni.edu/mtie/vol8/iss1/7