Unraveling the Effects of Tropical Cyclones on Economic Sectors Worldwide: Direct and Indirect Impacts

Artikel

This paper examines the current, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is a new damage measure for local tropical cyclone intensity based on meteorological data weighted for individual sectoral exposure, which is included in a panel analysis for a maximum of 205 countries over the 1970–2015 period. I find a significantly negative influence of tropical cyclones on two sector aggregates including agriculture, as well as trade and tourism. In subsequent years, tropical cyclones negatively affect the majority of all sectors. However, the Input–Output analysis shows that production processes are sticky and indirect economic effects are limited.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Environmental and Resource Economics ; ISSN: 1573-1502 ; Volume: 78 ; Year: 2021 ; Issue: 4 ; Pages: 545-569 ; Dordrecht: Springer Netherlands

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Climate; Natural Disasters and Their Management; Global Warming ; Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth ; Environment and Growth ; Macroeconomic Analyses of Economic Development
• Thema: Natural disasters ; Climate impact analysis ; Sectoral GDP growth ; Tropical cyclones ; Input–output analysis

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kunze, Sven
• Ereignis: Veröffentlichung
• (wer): Springer Netherlands
• (wo): Dordrecht
• (wann): 2021

Weitere Informationen

• DOI: doi:10.1007/s10640-021-00541-5
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ