Economic impact of natural disasters, spillovers, and role of human development: case of Indonesia
We investigate how natural disaster damages affect regional economic growth and their spatial spillover effect in various human development (HDI) level settings by utilising a panel annual district-level dataset from Indonesia. We employ Spatial Durbin Model to achieve these objectives. We find that...
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| Main Authors: | , |
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| Format: | Article PeerReviewed |
| Language: | English |
| Published: |
Springer Online
2022
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| Subjects: | |
| Online Access: | https://repository.ugm.ac.id/278719/1/Asyahid_EB.pdf https://repository.ugm.ac.id/278719/ https://link.springer.com/article/10.1007/s12076-022-00307-7 https://doi.org/10.1007/s12076-022-00307-7 |
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| Institution: | Universitas Gadjah Mada |
| Language: | English |
| Summary: | We investigate how natural disaster damages affect regional economic growth and their spatial spillover effect in various human development (HDI) level settings by utilising a panel annual district-level dataset from Indonesia. We employ Spatial Durbin Model to achieve these objectives. We find that disaster damage to houses has a negative effect on district-level per capita output growth. Meanwhile, the effect of disaster damage to people on economic growth depends on their HDI level, with low-HDI districts affected negatively and high-HDI districts positively. Our analysis also finds spatial spillover effects on neighbouring regions’ growth, and heterogeneous effects across economic sectors. |
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