DO NATURAL DISASTERS PROMOTE LONG‐RUN GROWTH?

By M. Skidmore, Hideki Toya. 2002

1,099 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Health Professions, Soil Science

View Paper: https://www.semanticscholar.org/paper/2a6f5f0e97052f0dd8959cfd267b02f5a5783b24

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In General Health Professions

In Soil Science

Citations in the corpus

Catastrophic Natural Disasters and Economic Growth (2010, neutral): “3 Skidmore and Toya (2002) find that in a cross-sectional, long-run perspective, output growth is positively correlated with natural disaster frequency.”
Can natural disasters have positive consequences? Investigating the role of embodied technical change (2009, neutral): “This question has been investigated empirically by, e.g., Albala-Bertrand (1993), Benson (2003), and Skidmore and Toya (2002), but results are not conclusive.”
How do governments respond after catastrophes ? natural-disaster shocks and the fiscal stance (2011, neutral): “The data contain information on various types of disasters that following Skidmore and Toya (2002), we classify in three broad categories.”
Creative Disasters? Flooding Effects on Capital, Labour and Productivity Within European Firms (2009, background): “Some authors point at the differing resilience of assets regarding disasters (e.g., Hallegatte et al. 2007; Okuyama 2003; Skidmore and Toya 2002 ).”
A Multiregional Impact Assessment Model for disaster analysis (2016, background): “…from direct and indirect losses, tangible and intangible losses (see Meyer et al., 2013 for an overview of existing literature), to short-term (e.g. Li et al., 2013; Hallegatte, 2014; Koks et al., 2015; Santos et al., 2014) and long-term losses (e.g. Skidmore and Toya, 2002; Coffman and Noy, 2012).”
The economics of natural disasters in a developing country: The case of Vietnam (2010, methodology): “Skidmore and Toya (2002) is the most widely cited work in this literature that supports this hypothesis – which they term ‘creative destruction’; though some recent works dispute their findings (e.g., Cuaresma, Hlouskova, & Obersteiner, 2008; Noy & Nualsri, 2008).”
The macroeconomic consequences of disasters (2009, methodology): “This set-up explicitly removes the cross-sectional long-run differences which were the focus of Skidmore and Toya (2002) .12”
Predicting long-term business recovery from disaster: a comparison of the Loma Prieta earthquake and Hurricane Andrew (2002, background): “Recent crosssocietal research on the macroeconomic impacts of disasters suggests that climate-related disasters have long-term positive economic consequences related to physical capital, human capital, and productivity (Skidmore and Toya, 2002).”
Natural disasters and labor markets (2017, background): “On the other hand, Skidmore and Toya (2002) find a positive correlation between the frequency of climatic disasters and growth in total factor productivity and GDP. Cuaresma, Hlouskova, and Obersteiner (2008) argue that ’creative destruction’ and technology upgrading in the aftermath of disasters…”
Economic resilience: definition and measurement (2014, background): “Also, “good” reconstruction may improve the quality and resilience of infrastructure and productive capital (see discussion of this effect in, among others, Benson and Clay, 2004; Skidmore and Toya, 2002).”
Natural Disasters and the Effect of Trade on Income: A New Panel IV Approach (2011, neutral): “Skidmore and Toya (2002) find that nations with more climatic disasters grew faster in the long-run than less disaster-prone economies.”
Assessing the Macroeconomic Impacts of Natural Disasters: Are There Any? (2009, background): “Finally, Skidmore and Toya (2002) discovered a robust positive correlation between the frequency of natural disasters and long-run economic growth after conditioning for other determinants, which they explain by some type of Schumpeterian creative destruction.”
Valuing flood disasters using the life satisfaction approach (2009, background): “Skidmore and Toya (2002), for example, find in a cross-country analysis that higher frequencies of climatic disasters are correlated with increases in total factor productivity and economic growth because disasters provide the impetus to update the capital stock and adopt new technologies.”
Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth (2014, positive): “Some studies have even found a positive correlation between disaster occurrences and economic growth (Albala-Bertrand, 1993; Skidmore and Toya, 2002).3 3Possible explanations for this positive relationship include a Keynesian type stimulus from reconstruction activity, or a Schumpeterian ‘creative…”
DISASTER IMPACT AND INPUT–OUTPUT ANALYSIS (2014, background): “…out for investigating the effects of disasters in long-run economic growth caused by stock damages.4 For example, based on cross-country data, Skidmore and Toya (2002) found that while climatic disasters are positively correlated with long-run economic growth, investment on human capital,…”