Coping with loss: the impact of natural disasters on developing countries' trade flows

Jorge Andrade da Silva () and Lucian Cernat
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Jorge Andrade da Silva: Council of the European Union

No 2012-1, DG TRADE Chief Economist Notes from Directorate General for Trade, European Commission

Abstract: Developing countries are arguably the most affected by the increasing regularity and costs of natural disasters. In addition to the often impressive casualty figures, there can be systemic trade and development implications as well. Results from a simple model suggest that exports of affected small developing countries decline by 22% (whereas exports of larger developing countries are not significantly affected), and that such effects tend to last for about 3 years.

Keywords: Developing countries; international trade; natural disasters (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2012-01-13
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Citations: View citations in EconPapers (19)

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