Konferenzbeitrag
Economic Development and Resilience to Natural Catastrophes – Insurance Penetration and Institutions
This paper provides new evidence on the negative effect of natural catastrophes on economic development. The findings indicate that private insurance markets accommodate the negative effects of natural catastrophes in developed countries, whereas they do not seem to be effective in developing countries. This pattern explains the heterogenous effects of natural disasters on income that have been found in previous studies. The results suggest that insurance and a stable, well-institutionalized environment complement each other in mediating the negative disaster shock. The analysis is based on novel data on natural disasters and global insurance penetration rates and contributes to the ongoing debate about the implications of natural catastrophes for development.
- Sprache
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Englisch
- Erschienen in
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2016: Demographischer Wandel - Session: Development Economics: Insurance and Networks ; No. B13-V2
- Klassifikation
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Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
- Ereignis
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Geistige Schöpfung
- (wer)
-
Breckner, Miriam
Englmaier, Florian
Stowasser, Till
Sunde, Uwe
- Ereignis
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Veröffentlichung
- (wer)
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
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Kiel und Hamburg
- (wann)
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2016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Breckner, Miriam
- Englmaier, Florian
- Stowasser, Till
- Sunde, Uwe
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2016