Autocorrelation in economic indicators before and after Natural Disaster

Hasan, Syed Akif and Subhani, Muhammad Imtiaz and Osman, Ms. Amber (2012): Autocorrelation in economic indicators before and after Natural Disaster. Published in: South Asian Journal of Management Sciences (SAJMS) , Vol. 6, No. 1 (2012): pp. 1-4.

Abstract

This study investigates the autocorrelation in economic indicators of Pakistan before and after Natural disaster in the light of variables, which includes GDP (deflator), Inflation (CPI), Money supply (M2), Remittances and Net export (X-M). This study considers the data for the period of 1989-2009. In this study, data has been divided into two sets; first having a data for the period of 1989-2005 for before earthquake and second has a data for the period of 2006-2009 for after earthquake. The findings of this paper reveal that all of the major economical players of Pakistan as stated above do follow the certain upward trend for the period before natural disasters. While, after the event of natural disasters these major players have no certain trend and they move randomly.

• Item Type: MPRA Paper
• Language: English
• Keywords: Autocorrelation, economic players, natural disaster, developing countries
• Subjects: P - Economic Systems > P4 - Other Economic Systems > P43 - Public Economics ; Financial Economics; D - Microeconomics > D6 - Welfare Economics; B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development

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