Article

Resilience to natural disasters — Insurance penetration, institutions, and disaster types

Citation

Breckner M, Englmaier F, Stowasser T & Sunde U (2016) Resilience to natural disasters — Insurance penetration, institutions, and disaster types. Economics Letters, 148, pp. 106-110. https://doi.org/10.1016/j.econlet.2016.09.023

Abstract
Using newly available data, this note provides new evidence suggesting that private insurance penetration mitigates the negative economic effects of natural disasters. The results document heterogeneous effects across differentially institutionalized countries and across different disaster types

Keywords
Natural disasters; Economic development; Insurance penetration; Institutions; Complementarities

Journal
Economics Letters: Volume 148

StatusPublished
Publication date30/11/2016
Publication date online30/09/2016
Date accepted by journal19/09/2016
URLhttp://hdl.handle.net/1893/28478
ISSN0165-1765
eISSN1873-7374