Economic Effects of Natural Disasters

Economic Effects of Natural Disasters explores how natural disasters affect sources of economic growth and development. Using theoretical econometrics and real-world data, and drawing on advances in climate change economics, the book shows scholars and researchers how to use various research methods and techniques to investigate and respond to natural disasters. No other book presents empirical frameworks for the evaluation of the quality of macroeconomic research practice with a focus on climate change and natural disasters. Because many of these subjects are so large, different regions of the world use different approaches, hence this resource presents tailored economic applications and evidence.

"Thirty-five papers explore the mechanism through which natural disasters affect sources of economic growth and development, presenting a framework for capturing different economic sectors’ responses to devastating natural disasters using theoretical econometrics and real-world data."—Journal of Economic Literature