The long-run effect of economic disasters

The long-run effect of economic disasters

This article investigates the long-run consequences of economic disasters. The results suggest the negative long-run effect of economic disasters on output growth and the limited empirical importance of the investment channel.

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Veröffentlicht in:Applied economics letters 2018-03, Vol.25 (5), p.296-299
1. Verfasser: Coric, Bruno
Format: Artikel
Sprache:eng
Schlagworte:
Disasters
Economic analysis
Economic crisis
Economic disasters
Economic growth
Economic models
Economic theory
Economics
investment
output growth
output volatility
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Beschreibung
Zusammenfassung:This article investigates the long-run consequences of economic disasters. The results suggest the negative long-run effect of economic disasters on output growth and the limited empirical importance of the investment channel.
ISSN:1350-4851
1466-4291
DOI:10.1080/13504851.2017.1319550