eprintid: 28375
rev_number: 12
eprint_status: archive
userid: 3730
dir: disk0/00/02/83/75
datestamp: 2020-05-28 09:09:42
lastmod: 2020-06-15 09:13:25
status_changed: 2020-05-28 09:09:42
type: workingPaper
succeeds: 25238
metadata_visibility: show
creators_name: Kunze, Sven
title: Unraveling the effects of tropical cyclones on economic
sectors worldwide
subjects: ddc-330
divisions: i-181000
cterms_swd: tropical cyclones
cterms_swd: sectoral economic growth
cterms_swd: environment and growth
cterms_swd: natural disasters
cterms_swd: input-output analysis
abstract: This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area weighted measure for local tropical cyclone intensity based on meteorological data, which is included in a panel analysis for a maximum of 213 countries over the 1971-2015 period. I find a significantly negative influence of tropical cyclones on three sector aggregates including agriculture, infrastructure, as well as trade and tourism. In subsequent years, tropical cyclones negatively affect nearly all sectors. However, the Input-Output analysis shows that production processes are sticky and indirect economic costs are low.
date: 2020-05
id_scheme: DOI
id_number: 10.11588/heidok.00028375
schriftenreihe_cluster_id: sr-3
schriftenreihe_order: 0685
ppn_swb: 1700159593
own_urn: urn:nbn:de:bsz:16-heidok-283755
language: eng
bibsort: KUNZESVENUNRAVELING202005
full_text_status: public
series: Discussion Paper Series / University of Heidelberg, Department of Economics
volume: 0685
place_of_pub: Heidelberg
pages: 100
edition: 2. Überarbeitung
citation:   Kunze, Sven  (2020) Unraveling the effects of tropical cyclones on economic sectors worldwide.  [Working paper]     
document_url: https://archiv.ub.uni-heidelberg.de/volltextserver/28375/13/Kunze_2020_dp685.pdf