Natural Disasters, Economic Growth and Sustainable Development in China-An Empirical Study Using Provincial Panel Data
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Authors
Guo, Ji
Liu, Hui
Wu, Xianhua
Gu, Jiong
Song, Shunfeng
Tang, Yinshan
Issue Date
2015
Type
Article
Language
en_US
Keywords
Economic growth , geological disasters , meteorological disasters , physical capital , human capital
Alternative Title
Abstract
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.
Description
Citation
Guo, J., Liu, H., Wu, X., Gu, J., Song, S., & Tang, Y. (2015). Natural Disasters, Economic Growth and Sustainable Development in China―An Empirical Study Using Provincial Panel Data. Sustainability, 7(12), 16783–16800. doi:10.3390/su71215847
Publisher
Sustainability
License
Journal
Volume
Issue
PubMed ID
ISSN
2071-1050