Institution, economic development, and impact of natural disasters

Yamamura, Eiji (2011): Institution, economic development, and impact of natural disasters.

Abstract

This paper uses cross-country data from 1984 to 2008 to examine how institution influences the number of deaths caused by natural disasters. The major findings show that the number of deaths resulting from natural disasters is smaller in countries with less public sector corruption, and for OECD countries with better functioning legal systems, but not for non-OECD countries.

• Item Type: MPRA Paper
• Language: English
• Keywords: Natural disaster, law and order, corruption, economic development.
• Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D73 - Bureaucracy ; Administrative Processes in Public Organizations ; Corruption; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; K - Law and Economics > K1 - Basic Areas of Law > K10 - General; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q54 - Climate ; Natural Disasters and Their Management ; Global Warming

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