The impact of the Indian Ocean tsunami on Aceh's long-term economic growth
成果类型：
Article
署名作者：
Heger, Martin Philipp; Neumayer, Eric
署名单位：
The World Bank; University of London; London School Economics & Political Science
刊物名称：
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN：
0304-3878
DOI：
10.1016/j.jdeveco.2019.06.008
发表日期：
2019
关键词：
摘要：
Existing studies typically find that natural disasters have negative economic consequences, resulting in, at best, a recovery to trend after initial losses or, at worst, longer term sustained losses. We exploit the unexpected nature of the 2004 Indian Ocean tsunami for carrying out a quasi-experimental difference-in-differences analysis of flooded districts and sub-districts in Aceh. The Indonesian province saw the single largest aid and reconstruction effort of any developing world region ever afflicted by a natural disaster. We show that this effort triggered higher long-term economic output than would have happened in the absence of the tsunami.
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