Arbeitspapier
Badly hurt? Natural disasters and direct firm effects
We investigate firm outcomes after a major flood in Germany in 2013. We robustly find that firms located in the disaster regions have significantly higher turnover, lower leverage, and higher cash in the period after 2013. We provide evidence that the effects stem from firms that already experienced a similar major disaster in 2002. Overall, our results document a positive net effect on firm performance in the direct aftermath of a natural disaster.
- Sprache
-
Englisch
- Erschienen in
-
Series: IWH Discussion Papers ; No. 25/2017
- Klassifikation
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Climate; Natural Disasters and Their Management; Global Warming
- Thema
-
natural disasters
firm outcomes
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Noth, Felix
Rehbein, Oliver
- Ereignis
-
Veröffentlichung
- (wer)
-
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
- (wo)
-
Halle (Saale)
- (wann)
-
2017
- Handle
- URN
-
urn:nbn:de:gbv:3:2-82406
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Noth, Felix
- Rehbein, Oliver
- Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
Entstanden
- 2017
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