24.04.2021 New Publication: Post-Disaster Spillovers: Evidence from Iranian Provinces

Abstract:

This paper studies the relationship between natural disasters and economic growth in the disaster-prone country of Iran, using a spatial Durbin panel model and covering the time period from 2010 to 2016 and including 29 provinces. The results of the empirical investigation suggest that there is a statistically significant positive relationship between the spatially-lagged occurrence of natural disasters and the change of the first difference of the natural logarithm of GDP per capita. The novelty of this study is that established and innovative approaches are used to study natural disasters on the provincial level, instead of the country level, and also take into account spatial spillover effects after disaster events that have been rarely discussed in literature.

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The paper was published in the JRFM's special issue "Political Economy of Natural Disasters".

To read this open access study see: https://www.mdpi.com/1911-8074/14/5/193