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Natural disasters, economic growth and sustainable development in China: an empirical study using provincial panel data

Guo, J., Liu, H., Wu, X., Gu, J., Song, S. and Tang, Y. (2015) Natural disasters, economic growth and sustainable development in China: an empirical study using provincial panel data. Sustainability, 7 (12). pp. 16783-16800. ISSN 2071-1050

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To link to this item DOI: 10.3390/su71215847

Abstract/Summary

Using a newly developed integrated indicator system with entropy weighting, we analyzed the panel data of 577 recorded disasters in 30 provinces of China from 1985–2011 to identify their links with the subsequent economic growth. Meteorological disasters promote economic growth through human capital instead of physical capital. Geological disasters did not trigger local economic growth from 1999–2011. Generally, natural disasters overall had no significant impact on economic growth from 1985–1998. Thus, human capital reinvestment should be the aim in managing recoveries, and it should be used to regenerate the local economy based on long-term sustainable development.

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > Business Informatics, Systems and Accounting
ID Code:54546
Publisher:MPDI

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