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Macroeconomic impacts of the 2010 earthquake in Haiti

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dc.contributor.authorBest, Rohan
dc.contributor.authorBurke, Paul
dc.date.accessioned2019-04-15T01:31:12Z
dc.date.issued2019
dc.description.abstractIn this paper, we use the synthetic control method to estimate the macroeconomic losses from the 2010 earthquake in Haiti, one of the most severe natural disasters in the modern era. The macroeconomic effects of the earthquake were equal to an average loss of up to 12% of gross domestic product over the period 2010–2015. While surges in imports and foreign aid supported a temporary increase in aggregate consumption, aggregate investment and services sector output experienced large contractions. The road transport sector was severely affected. Impacts on electricity use have been less pronounced. The data suggest that macroeconomic losses may be permanent. The earthquake is thus a case of an extreme natural disaster contributing to divergence in development outcomes.en_AU
dc.description.sponsorshipAustralian Government Research Training Program (RTP) Scholarshipen_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.citationBest, Rohan and Burke, Paul J. 2019. ‘Macroeconomic impacts of the 2010 earthquake in Haiti.’ Empirical Economics 56(5), 1647–1681.en_AU
dc.identifier.issn0377-7332en_AU
dc.identifier.urihttp://hdl.handle.net/1885/159632
dc.language.isoen_AUen_AU
dc.provenancehttp://sherpa.mimas.ac.uk/romeo/issn/0377-7332/..."Author's pre-print on author's personal website, non-commercial pre-print server" from SHERPA/RoMEO site (as at 15/04/19). This is a pre-print of an article published in Empirical Economics. The final authenticated version is available online at: https://doi.org/10.1007/s00181-017-1405-4en_AU
dc.publisherSpringeren_AU
dc.rights© Springer-Verlag GmbH Germany, part of Springer Nature 2017en_AU
dc.sourceEmpirical Economicsen_AU
dc.subjectMacroeconomic impacten_AU
dc.subjectHaitien_AU
dc.subjectEarthquakeen_AU
dc.subjectSynthetic control methoden_AU
dc.titleMacroeconomic impacts of the 2010 earthquake in Haitien_AU
dc.typeJournal articleen_AU
dcterms.accessRightsOpen Access
dcterms.dateAccepted2017
local.bibliographicCitation.issue6en_AU
local.bibliographicCitation.lastpage1681en_AU
local.bibliographicCitation.startpage1647en_AU
local.contributor.affiliationBurke, P., The Australian National Universityen_AU
local.contributor.authoruidu4372088en_AU
local.identifier.absfor140202 - Economic Development and Growthen_AU
local.identifier.absseo910103 - Economic Growthen_AU
local.identifier.ariespublicationa383154xPUB9883
local.identifier.citationvolume56en_AU
local.identifier.doi10.1007/s00181-017-1405-4en_AU
local.identifier.essn1435-8921en_AU
local.publisher.urlhttps://link.springer.comen_AU
local.type.statusSubmitted Versionen_AU

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