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The Impact of Disasters on International Trade / World Trade Organization.
Connect to full text Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Trade Organization.
- Series:
- WTO Working Papers, 25189808 ; no.2006/04.
- WTO Working Papers, 25189808 ; no.2006/04
- Language:
- English
- Subjects (All):
- Economic research and trade policy analysis.
- Environment.
- Local Subjects:
- Economic research and trade policy analysis.
- Environment.
- Physical Description:
- 1 online resource (26 pages).
- Place of Publication:
- Geneva : World Trade Organization, 2006.
- System Details:
- text file
- Summary:
- In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel data consists of more than 170 countries for the years 1962-2004 yielding approximately 300,000 observations. We find that the driving forces determining the impact of such events are the democracy level and, to a lesser extent, the area of the affected country. The less democratic and the smaller a country the more are its trade flows reduced in case it is struck by a disaster. We are also able to distinguish between the effect of a disaster on an importing and an exporting country.
- Access Restriction:
- Restricted for use by site license.
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