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Post by account_disabled on Feb 21, 2018 3:00:09 GMT -5
Hi, Natural disasters such as earthquakes, floods, typhoons, and hurricanes inflict serious damage and so seem to be bad for the economy. For firms, natural disasters destroy tangible assets such as buildings and equipment – as well as human capital – and thereby deteriorate their production capacity. These adverse impacts may sometimes be fatal to the firms and result in them being forced to close down. But the academic evidence on the economic impact of natural disasters is mixed. As reviewed in surveys such as Noy and Vu (2010) and Loayza et al. (2012), the existing studies report that natural disasters may even promote growth. One possible mechanism behind this positive impact is the enhancement of the productivity of the economy’s corporate sector – as reported in Skidmore and Toya (2002) and Crespo-Cuaresma et al (2008). But because these studies use aggregate data, they cannot answer why and how corporate productivity improves due to natural disasters. We thus need analyses that use micro-data to clarify the mechanisms through which natural disasters affect the productivity of an economy’s corporate sector. Please help. Thanks! I didn't find the right solution from the Internet. References: www.weforusadfsfm.org/agenda/2015/02/how-do-natural-disasters-affect-the-economy/healthcare product marketing |
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