Ilan Noy|Tam Bang Vu
The economics of natural disasters in a developing country: The case of Vietnam
University of Hawai?i at M?noa|University of Hawaii at Hilo
examine impact natural disasters annual output growth vietnam using provincial data primary secondary industries employ blundellbond general method moments procedure estimate impact disasters macroeconomy show lethal disasters result lower output growth disasters destroy property capital actually appear boost economy shortrun consistent investmentproducing destruction hypothesis outline however find disasters different macroeconomic impact different geographical regions differences potentially related ability generate transfers vietnamese central government