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2013-07-12
1 论文标题
Regional effects of natural disasters in China
2 作者信息
Tam Bang Vu and Ilan Noy
3 出处和链接(比如,NBER working paper No.11000)
SEF Working paper: 03/2013
June 2013
4 摘要
We examine the effects of natural disasters on income and investment in China. Using detailed macroeconomic province-level data and their history of disaster exposure over the past two decades, and after accounting for two-way causality using a three-stage least-squares estimation procedure, we describe the relationship between disaster mortality and morbidity, disasters’ economic damages, government investment and regional economic activity and infrastructure development. The Chinese government’s aggressive investment in post-disaster reconstruction is discussed, and the implications of this investment for post-disaster private sector economic activity are analyzed empirically. We further investigate the differential effects of natural disasters on economic activity in the different provinces.



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