EconPapers    
Economics at your fingertips  
 

The impact of disasters on international trade

Martin Gassebner (), Alexander Keck and Robert Teh

No ERSD-2006-04, WTO Staff Working Papers from World Trade Organization (WTO), Economic Research and Statistics Division

Abstract: 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.

Keywords: International trade; disasters; gravity model (search for similar items in EconPapers)
JEL-codes: F14 P52 P48 C23 (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/72066/1/510194117.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:wtowps:ersd200604

Access Statistics for this paper

More papers in WTO Staff Working Papers from World Trade Organization (WTO), Economic Research and Statistics Division Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2019-12-04
Handle: RePEc:zbw:wtowps:ersd200604