Back to Search Start Over

Identifying the influence of natural disasters on technological innovation.

Authors :
Chen, Yin-E
Li, Chunyan
Chang, Chun-Ping
Zheng, Mingbo
Source :
Economic Analysis & Policy; Jun2021, Vol. 70, p22-36, 15p
Publication Year :
2021

Abstract

We study the influence of natural disasters on technological innovation for a panel of 49 countries. After controlling for endogeneity issues and using several measures of natural disasters (occurrences, deaths, affected people, and economic damages) we find that natural disasters have a significantly negative effect on technological innovation. We also study the disaggregated effects of natural disasters and find that earthquakes, extreme temperatures, floods, and storms influence innovations most. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
NATURAL disasters
EARTHQUAKES

Details

Language :
English
ISSN :
03135926
Volume :
70
Database :
Supplemental Index
Journal :
Economic Analysis & Policy
Publication Type :
Academic Journal
Accession number :
150335060
Full Text :
https://doi.org/10.1016/j.eap.2021.01.016