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The death toll from natural disasters: the role of income, geography and institutions (2005)
| Venue: | Review of Economics and Statistics |
| Citations: | 134 - 2 self |
BibTeX
@ARTICLE{Kahn05thedeath,
author = {Matthew E. Kahn and Chris Timmins and I. Introduction},
title = {The death toll from natural disasters: the role of income, geography and institutions},
journal = {Review of Economics and Statistics},
year = {2005},
pages = {271--284}
}
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Abstract
Using a new data set on annual deaths from disasters in 57 nations from 1980 to 2002, this paper tests several hypotheses concerning natural disaster mitigation. While richer nations do not experience fewer natural disaster events than poorer nations, richer nations do suffer less death from disaster. Economic development provides implicit insurance against nature’s shocks. Democracies and nations with higher quality institutions suffer less death from natural disaster. The results are relevant for judging the incidence of a Global Warming induced increase in the count of natural disaster shocks.
