The Impact of Natural Disasters on Economic Growth

Ikefuji, Masako

doi:https://doi.org/10.18910/20721

The Impact of Natural Disasters on Economic Growth

Ikefuji, Masako

大阪大学経済学, 2006, 55(4), 52-59

アクセス数:406件（2025-09-16 16:07 集計）

固定URL: https://doi.org/10.18910/20721

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タイトル	The Impact of Natural Disasters on Economic Growth
著者	NRID 1000060452380 1000060452380 researchmap permalink 7000013503 7000013503 Scopus Author ID 22934213000 22934213000 著者名 Ikefuji, Masako
キーワード等	Natural disasters
	Two-sector model
	Endogenous depreciation of capital stock
	Economic growth
JEL分類コード (JEL)	O41
	O13
	E22
内容	論文
抄録	This paper studies the impact of natural disasters on economic growth in an endogenous growth model. Production with the use of fossil fuels as input brings about air pollution, which can be one of the causes of climate change. Climate change may be accompanied by natural disasters that causes serious damage to physical capital stock. We assumed that when more polluting inputs are used, the risk of natural disaster is greater, which results in more damage to capital stock. We examine the social planner’s problem taking the risk of natural disasters into account. We show that a steady state exists and that it is saddle path stable. In addition, optimal growth with natural disasters is positive but lower than that without pollution and natural disasters.
出版者	大阪大学経済学会
	オオサカ　ダイガク　ケイザイ　ガッカイ
	The Economic Society of Osaka University
収録物名	大阪大学経済学
収録物名	Osaka Economic Papers
巻(号)	55(4)
ページ	52-59
刊行年月	2006-03
言語	英語
ハンドルURL	https://hdl.handle.net/11094/20721
DOI	https://doi.org/10.18910/20721
PISSN	04734548
NCID	AN00030111
アクセス権	open access
出版タイプ	Version of Record
カテゴリ	本学関連学会 Related Societies
カテゴリ	大阪大学経済学 / 55巻4号 (2006-03)

資源タイプ	学術雑誌論文
ローカル資源タイプ	本学関連学会
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	大阪大学経済学. 2006, 55(4), p. 52-59
DC.title	The Impact of Natural Disasters on Economic Growth
DC.creator	Ikefuji, Masako
DC.publisher	大阪大学経済学会
	オオサカ　ダイガク　ケイザイ　ガッカイ
	The Economic Society of Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2006-03
DC.subject	Natural disasters
	Two-sector model
	Endogenous depreciation of capital stock
	Economic growth
DC.description	論文
DCTERMS.abstract	This paper studies the impact of natural disasters on economic growth in an endogenous growth model. Production with the use of fossil fuels as input brings about air pollution, which can be one of the causes of climate change. Climate change may be accompanied by natural disasters that causes serious damage to physical capital stock. We assumed that when more polluting inputs are used, the risk of natural disaster is greater, which results in more damage to capital stock. We examine the social planner’s problem taking the risk of natural disasters into account. We show that a steady state exists and that it is saddle path stable. In addition, optimal growth with natural disasters is positive but lower than that without pollution and natural disasters.
DC.identifier	10.18910/20721
DC.format	20721
citation_title	The Impact of Natural Disasters on Economic Growth
citation_author	Ikefuji, Masako
citation_publisher	大阪大学経済学会
citation_language	英語
citation_date	2006-03
citation_journal_title	大阪大学経済学
citation_volume	55
citation_issue	4
citation_firstpage	52
citation_lastpage	59
citation_public_url	https://hdl.handle.net/11094/20721
citation_doi_detail	10.18910/20721
citation_doi	https://doi.org/10.18910/20721

The Impact of Natural Disasters on Economic Growth

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