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The long-run effect of economic disasters

Bruno Ćorić

Applied Economics Letters, 2018, vol. 25, issue 5, 296-299

Abstract: This article investigates the long-run consequences of economic disasters. The results suggest the negative long-run effect of economic disasters on output growth and the limited empirical importance of the investment channel.

Date: 2018
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Handle: RePEc:taf:apeclt:v:25:y:2018:i:5:p:296-299