Resilience to natural disasters — Insurance penetration, institutions, and disaster types

Miriam Breckner, Florian Englmaier, Till Stowasser and Uwe Sunde

Economics Letters, 2016, vol. 148, issue C, 106-110

Abstract: Using newly available data, this note provides new evidence suggesting that private insurance penetration mitigates the negative economic effects of natural disasters. The results document heterogeneous effects across differentially institutionalized countries and across different disaster types.

Keywords: Natural disasters; Economic development; Insurance penetration; Institutions; Complementarities (search for similar items in EconPapers)
JEL-codes: O43 O44 Q54 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (18)

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Working Paper: Resilience to natural disasters Insurance penetration, institutions, and disaster types (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:148:y:2016:i:c:p:106-110

DOI: 10.1016/j.econlet.2016.09.023

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