Understanding the Economic and Financial Impacts of Natural Disasters

By C. Benson, E. Clay. 2004

449 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science, Soil Science

View Paper: https://www.semanticscholar.org/paper/b0fe59926cb5e3aff42407eea1671fd0d4fa15ec

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Citations in the corpus

Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002 (2008, background): “HwaJung Choi, Eric Hendrickson, and Jessica Hoel provided superb research assistance.”
The economics of natural disasters in a developing country: The case of Vietnam (2010, background): “…examines specific disaster events – such as hurricane Mitch in Honduras, the Kobe earthquake in Japan, and estimates some of the specific costs and consequences of those individual events (e.g., Benson and Clay, 2004; Coffman & Noy, 2009; Halliday, 2006; Horwich, 2000; Selcuk & Yeldan, 2001).”
Why economic dynamics matter in assessing climate change damages : illustration on extreme events (2007, methodology): “…on fmax in NEDyM, and given that this ratio may change in the future and that poor countries may have far lower reconstruction capabilities than those captured by our 5% best-guess assumption (Benson and Clay, 2004), we carried out simulations with ten values of fmax, ranging from 1% to 10%.”
The impact of extreme weather events on budget balances (2009, unknown): “Moreover, a few papers explore the fiscal impact of natural disasters on the basis of case studies (Heipertz and Nickel, 2008; Benson and Clay, 2004).”
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' impact, factors of resilience and development: A meta-analysis of the macroeconomic literature (2014, background): “The second level consists of case studies regarding specific disastrous events and the connected sectoral losses (Benson and Clay, 2004; Vos et al., 1999).”
Climate change and natural disasters: macroeconomic performance and distributional impacts (2009, background): “If countries have access to additional resources and room to increase or reallocate expenditures, the fiscal balance suffers because of necessary diversions of government expenditures for aid and reconstruction (Benson and Clay 2003). At the same time, tax revenue typically falls. IMF (2003) found t”
Multinationals' response to major disasters: how does subsidiary investment vary in response to the type of disaster and the quality of country governance? (2011, background): “Mgmt. J., 32: 658–681 (2011) DOI: 10.1002/smj the lack of research on these disasters is troubling since there is a growing body of evidence that the threat posed by natural and technological disasters is growing (Benson and Clay, 2004; World Bank, 2004).”
Climate change, adaptation and economic growth (2012, background): “Bangladesh, for example, has managed to reduce the impact of climate shocks on its 1 http://www.csmonitor.com/World/2010/0419/How-the-Iceland-volcano-ash-cloud-is-crippling-Kenya-sflower-industry economy by diversifying away from agriculture into the garment industry (Benson and Clay 1998, 2004).”
Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options (2012, unknown): “For example, Bangladesh developed an effective warning system for cyclones, giving people enough time to evacuate and protect livestock; although warnings for inland riverine flooding are still fairly poor (Benson and Clay 2004).”
Natural disasters and labor markets (2017, background): “The demand for services increases due to two factors: (i) the increased size of the construction sector leads to an increase in the demand for intermediate goods 2The opposite is what the disaster literature refers to as ’slow-onset disasters’ such as a drought (Benson and Clay, 2004).”