Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/72066
Authors: 
Gassebner, Martin
Keck, Alexander
Teh, Robert
Year of Publication: 
2006
Series/Report no.: 
WTO Staff Working Paper ERSD-2006-04
Abstract: 
In this paper we examine the impact of major disasters on international trade flows using a gravity model. Our panel data consists of more than 170 countries for the years 1962-2004 yielding approximately 300,000 observations. We find that the driving forces determining the impact of such events are the democracy level and, to a lesser extent, the area of the affected country. The less democratic and the smaller a country the more are its trade flows reduced in case it is struck by a disaster. We are also able to distinguish between the effect of a disaster on an importing and an exporting country.
Subjects: 
International trade
disasters
gravity model
JEL: 
F14
P52
P48
C23
Document Type: 
Working Paper

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