Economic Effects of Natural Disasters: Theoretical Foundations, Methods, and Tools

The book "Economic Effects of Natural Disasters" explores how natural disasters affect economic growth and development, using theoretical econometrics and real-world data. It provides empirical frameworks for evaluating macroeconomic research practice with a focus on climate change and natural disasters, offering tailored economic applications and evidence for different regions.

Format: Paperback / softback
Length: 664 pages
Publication date: 09 October 2020
Publisher: Elsevier Science Publishing Co Inc

Economic Effects of Natural Disasters delves into the profound impact of natural disasters on the foundations of economic growth and development. By employing theoretical econometrics and comprehensive real-world data, alongside advancements in climate change economics, the book serves as a valuable resource for scholars and researchers seeking to explore and address the challenges posed by natural disasters. Distinguishing itself from other publications, this book offers empirical frameworks for evaluating the quality of macroeconomic research practice, particularly in the context of climate change and natural disasters. Recognizing the vastness of these topics, it acknowledges the diverse approaches employed by different regions worldwide. Consequently, this resource provides tailored economic applications and evidence to cater to the specific needs of various regions.

The book's chapters are organized into three sections, each addressing a distinct aspect of the economic effects of natural disasters. The first section explores the immediate and short-term impacts of natural disasters on economic growth, including the destruction of physical infrastructure, loss of human lives, and disruption of supply chains. It examines the immediate economic costs and the long-term consequences on productivity, investment, and employment. The second section focuses on the role of government policies and interventions in mitigating the economic effects of natural disasters. It discusses the importance of disaster risk management, insurance, and social safety nets in cushioning the impact on vulnerable populations. The third section examines the long-term economic consequences of natural disasters, including the potential for recovery, reconstruction, and sustainable development. It explores the strategies and policies adopted by governments and organizations to promote resilience, reconstruction, and the integration of climate change considerations into economic development planning.

Throughout the book, theoretical econometrics and real-world data are seamlessly integrated to provide a robust and empirically grounded analysis. The authors employ a range of research methods and techniques, including quantitative analysis, case studies, and qualitative research, to examine the economic effects of natural disasters. These methods allow for a comprehensive understanding of the multifaceted challenges and opportunities associated with natural disasters.

By presenting empirical frameworks for evaluating the quality of macroeconomic research practice, Economic Effects of Natural Disasters contributes to the growing body of knowledge in this field. It serves as a valuable resource for policymakers, researchers, and practitioners seeking to develop effective strategies and policies to mitigate the economic impacts of natural disasters and promote sustainable development.

In conclusion, Economic Effects of Natural Disasters is a comprehensive and insightful book that sheds light on the complex economic implications of natural disasters. By combining theoretical econometrics, real-world data, and cutting-edge research in climate change economics, it offers valuable insights and practical approaches for investigating and responding to the economic consequences of natural disasters. This resource is essential for scholars, researchers, policymakers, and practitioners alike, as it contributes to the ongoing efforts to build resilience and promote sustainable development in the face of the growing threat of natural disasters.

Weight: 1342g
Dimension: 192 x 236 x 34 (mm)
ISBN-13: 9780128174654