Natural Disasters and Human Capital Accumulation
نویسنده
چکیده
The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent. The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of crosscountry and panel regressions, this paper finds an extremely robust negative partial correlation between secondary school enrollment and natural disaster risk. This result is exclusively driven by geological disasters. Natural disaster risk exposure is a robust determinant of differences in secondary school enrollment between countries, but not within countries, which implies that the effect can be interpreted as a long-run phenomenon. 1 This study was prepared as a background paper to the joint World Bank-UN Assessment on the Economics of Disaster Risk Reduction. Funding from the Global Facility for Disaster Reduction and Recovery is gratefully acknowledged. The author would like to thank Apurva Sanghi, the coordinator of the assessment, for many intellectually challenging discussions that helped shape the form of the paper. The paper has also profited from very helpful comments
منابع مشابه
Ecological economics of coastal disasters: Introduction to the special issue
Article history: Received 1 March 2007 Accepted 1 March 2007 Available online 12 April 2007 Coastal disasters are increasing in frequency and magnitude—measured in terms of human lives lost, destroyed infrastructure, ecological damage and disrupted social networks. Hurricane Katrina and the Indian Ocean tsunami illustrate the severe and widespread impacts of such disasters on human well-being. ...
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