This is a recent NBER working paper (July 2014). Using meteorological data (about every country’s exposure to the universe of tropical cyclones during 1950-2008), the authors find hypotheses that disasters stimulate growth or short-run losses disappear following migrations or wealth transfers are rejected. National incomes do not recover within 20 years.
Authors: Solomon M. Hsiang and Amir S. Jina
Link: http://www.nber.org/papers/w20352.pdf
Comment: Can earthquake data be applied here?
Authors: Solomon M. Hsiang and Amir S. Jina
Link: http://www.nber.org/papers/w20352.pdf
Comment: Can earthquake data be applied here?