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Assessing the Impact of the Indian Ocean Tsunami on the Economy: Evidence from Indonesia and Thailand

Inggrid, Inggrid and Halim, Siana and Bisono, Indriati (2014) Assessing the Impact of the Indian Ocean Tsunami on the Economy: Evidence from Indonesia and Thailand. In: The 5th International Conference on Aceh and Indian Ocean Studies, 17-18 November 2014, Aceh.

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    Abstract

    Recent research in developed countries shows an adverse effect of natural disasters on the economy. This paper aims at examining whether this is also relevant for developing countries. Applying a counterfactual approach to provincial data for Indonesia and Thailand, we find that the Indian Ocean tsunami of 2004 negatively affects per capita gross domestic product (GDP) of the exposed provinces. It is also shown that the effect is heterogeneous within the country. These results seem straightforward to reconcile with previous evidence using developed countries data

    Item Type: Conference or Workshop Item (Paper)
    Subjects: H Social Sciences > HA Statistics
    Divisions: Faculty of Economic > Business Management Program
    Faculty of Industrial Technology > Industrial Engineering Department
    Depositing User: Siana Halim
    Date Deposited: 11 Nov 2015 13:09
    Last Modified: 21 Feb 2018 10:56
    URI: http://repository.petra.ac.id/id/eprint/17150

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