The impact of flooding on firm performance and economic growth

Using comprehensive flood data from China, we find a significant, negative impact of flooding on firm performance, which is mainly driven by unexpected flooding. We use multiple identification strategies to address endogeneity concerns and find that the documented impact of flooding on firm performa...

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Veröffentlicht in:	PloS one 2022-07, Vol.17 (7), p.e0271309-e0271309
Hauptverfasser:	Pan, Xiaofei, Qiu, Buhui
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital assets Capital expenditures Cash management Cities Compensation management Earth Sciences Economic aspects Economic conditions Economic development Economic growth Employment Evaluation Executive compensation Flood damage Flood data Flooding Floods Impact analysis International finance Investments Lines of credit Management of crises People and Places R&D Research & development Research & development expenditures Return on assets Social Sciences
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