Natural disasters, growth and institutions: A tale of two earthquakes

Konferenzbeitrag

In this paper we examine the long-term impact of natural disasters using the synthetic control approach and, in contrast with the previous literature, a within country perspective. Therefore, we are able to better geographically define the area hit by the quake, to mitigate the role of unobserved confounders and use data that are much more comparable. We also examine the role of institutions in the reconstruction and we find that corruption and fraudulent behaviors flourish when local institutions are weak and amount of public transfers is huge.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: 53rd Congress of the European Regional Science Association: "Regional Integration: Europe, the Mediterranean and the World Economy", 27-31 August 2013, Palermo, Italy

Classification and Topics

• Classification: Wirtschaft
• Subject: earthquake ; economic growth ; institutions

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mocetti, Sauro ; Barone, Guglielmo
• Event: Veröffentlichung
• (who): European Regional Science Association (ERSA)
• (where): Louvain-la-Neuve
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/124034
• Last update: 10.03.2025, 11:42 AM CET