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Erschienen in:
Disaster Probability, Optimal Government Expenditure for Disaster Prevention and Mitigation, and Expected Economic Growth Kapitel lesen Erstes Kapitel lesen

2021 | OriginalPaper | Buchkapitel

3. Natural Disasters and Economic Growth―An Empirical Study Using Provincial Panel Data of China

verfasst von : Prof. Xianhua Wu, Prof. Ji Guo

Erschienen in: Economic Impacts and Emergency Management of Disasters in China

Verlag: Springer Nature Singapore

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Abstract

Natural disasters have been happening more frequently in the world in recent years. Different groups of economists have different opinions towards the economic impact after these natural disasters. One group believes that natural disasters will promote the economic growth in the area where natural disasters occurred and the other believes strongly that natural disasters will hinder economic growth. In this paper, we based on the provincial panel data between 2000 and 2010 in China including 31 provinces and categorized natural disasters into two different groups, i.e. meteorological and geological disasters. It has been found that meteorological disasters promote economic growth through the accumulation of physical capital, while the geological disasters have been found with no significant relationship economic growth of the local economy.

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Metadaten
Titel
Natural Disasters and Economic Growth―An Empirical Study Using Provincial Panel Data of China
verfasst von
Prof. Xianhua Wu
Prof. Ji Guo
Copyright-Jahr
2021
Verlag
Springer Nature Singapore
Buch
Economic Impacts and Emergency Management of Disasters in China

Print ISBN: 978-981-16-1318-0

Electronic ISBN: 978-981-16-1319-7

Copyright-Jahr: 2021

DOI
https://doi.org/10.1007/978-981-16-1319-7_3

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