Enterprise Recovery Following Natural Disasters
Using data from surveys of enterprises in Sri Lanka after the December 2004 tsunami, the authors undertake the first microeconomic study of the recovery of the private firms in a developing country following a major natural disaster. Disaster recov...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100413103243 http://hdl.handle.net/10986/3756 |
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okr-10986-37562021-04-23T14:02:12Z Enterprise Recovery Following Natural Disasters de Mel, Suresh McKenzie, David Woodruff, Christopher ACCESS TO CAPITAL ACCOUNTING BANKS BENEFICIARIES CAPITAL STOCK CAPITAL STOCKS CATASTROPHIC EVENTS CLIMATE CHANGE CONSUMER PRICE INDEX DAMAGES DAT DATABASE DEATH TOLL DEVASTATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DISASTER MANAGEMENT DISASTER RECOVERY DISASTER RELIEF DROUGHTS DURABLES EARTHQUAKE EARTHQUAKES ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT EFFECTS OF HURRICANE EMERGENCIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXPANSION EXPENDITURE EXPENDITURES FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL SUPPORT FIRMS FLOODING FLOODS FOOD AID FORGIVENESS FORMAL LOANS GOVERNMENT BANK HOUSEHOLD BARGAINING HOUSING HUMAN CAPITAL HURRICANE HURRICANES INCOME LEVELS INFLATION INSURANCE INSURANCE MARKET INSURANCE MARKETS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INVENTORIES LABOR HOURS LIQUID ASSETS LOAN LOANS FROM FAMILY LOCAL ECONOMY MACROECONOMICS MANUFACTURER MANUFACTURERS MARKET FAILURES MICRO ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS MICROFINANCE PRACTITIONERS MICROFINANCE PROGRAM MONEYLENDERS NATURAL DISASTER NATURAL DISASTERS NATURAL PHENOMENA NEGATIVE SHOCKS OPPORTUNITY COST OUTSTANDING LOANS PERSONAL SAVINGS PRIVATE BANK PRIVATE ENTERPRISES PROFITABILITY RECONSTRUCTION RELIEF AGENCIES REMITTANCES RETURN RETURNS SAFETY SAFETY NET SAVINGS SCALE ENTERPRISES SHOPS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES SMALL FIRMS SMALL SCALE ENTERPRISE SMALL SCALE ENTERPRISES SME SOCIAL NETWORKS SUPPLIER SUPPLIERS TRADING TRANSITION ECONOMIES TRUST FUND TSUNAMI TSUNAMI RECOVERY TSUNAMIS VICTIMS WAGES WORKING CAPITAL WRITTEN RECORDS Microdata Set Using data from surveys of enterprises in Sri Lanka after the December 2004 tsunami, the authors undertake the first microeconomic study of the recovery of the private firms in a developing country following a major natural disaster. Disaster recovery in low-income countries is characterized by the prevalence of relief aid rather than of insurance payments; the data show this distinction has important consequences. The data indicate that aid provided directly to households correlates reasonably well with reported losses of household assets, but is uncorrelated with reported losses of business assets. Business recovery is found to be slower than commonly assumed, with disaster-affected enterprises lagging behind unaffected comparable firms more than three years after the disaster. Using data from random cash grants provided by the project, the paper shows that direct aid is more important in the recovery of enterprises operating in the retail sector than for those operating in the manufacturing and service sectors. 2012-03-19T18:39:15Z 2012-03-19T18:39:15Z 2010-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100413103243 http://hdl.handle.net/10986/3756 English Policy Research working paper ; no. WPS 5269 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO CAPITAL ACCOUNTING BANKS BENEFICIARIES CAPITAL STOCK CAPITAL STOCKS CATASTROPHIC EVENTS CLIMATE CHANGE CONSUMER PRICE INDEX DAMAGES DAT DATABASE DEATH TOLL DEVASTATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DISASTER MANAGEMENT DISASTER RECOVERY DISASTER RELIEF DROUGHTS DURABLES EARTHQUAKE EARTHQUAKES ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT EFFECTS OF HURRICANE EMERGENCIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXPANSION EXPENDITURE EXPENDITURES FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL SUPPORT FIRMS FLOODING FLOODS FOOD AID FORGIVENESS FORMAL LOANS GOVERNMENT BANK HOUSEHOLD BARGAINING HOUSING HUMAN CAPITAL HURRICANE HURRICANES INCOME LEVELS INFLATION INSURANCE INSURANCE MARKET INSURANCE MARKETS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INVENTORIES LABOR HOURS LIQUID ASSETS LOAN LOANS FROM FAMILY LOCAL ECONOMY MACROECONOMICS MANUFACTURER MANUFACTURERS MARKET FAILURES MICRO ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS MICROFINANCE PRACTITIONERS MICROFINANCE PROGRAM MONEYLENDERS NATURAL DISASTER NATURAL DISASTERS NATURAL PHENOMENA NEGATIVE SHOCKS OPPORTUNITY COST OUTSTANDING LOANS PERSONAL SAVINGS PRIVATE BANK PRIVATE ENTERPRISES PROFITABILITY RECONSTRUCTION RELIEF AGENCIES REMITTANCES RETURN RETURNS SAFETY SAFETY NET SAVINGS SCALE ENTERPRISES SHOPS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES SMALL FIRMS SMALL SCALE ENTERPRISE SMALL SCALE ENTERPRISES SME SOCIAL NETWORKS SUPPLIER SUPPLIERS TRADING TRANSITION ECONOMIES TRUST FUND TSUNAMI TSUNAMI RECOVERY TSUNAMIS VICTIMS WAGES WORKING CAPITAL WRITTEN RECORDS Microdata Set |
| spellingShingle |
ACCESS TO CAPITAL ACCOUNTING BANKS BENEFICIARIES CAPITAL STOCK CAPITAL STOCKS CATASTROPHIC EVENTS CLIMATE CHANGE CONSUMER PRICE INDEX DAMAGES DAT DATABASE DEATH TOLL DEVASTATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DISASTER MANAGEMENT DISASTER RECOVERY DISASTER RELIEF DROUGHTS DURABLES EARTHQUAKE EARTHQUAKES ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT EFFECTS OF HURRICANE EMERGENCIES EMERGING MARKETS EMPLOYMENT ENTREPRENEURS EQUIPMENT EXPANSION EXPENDITURE EXPENDITURES FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL SUPPORT FIRMS FLOODING FLOODS FOOD AID FORGIVENESS FORMAL LOANS GOVERNMENT BANK HOUSEHOLD BARGAINING HOUSING HUMAN CAPITAL HURRICANE HURRICANES INCOME LEVELS INFLATION INSURANCE INSURANCE MARKET INSURANCE MARKETS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INVENTORIES LABOR HOURS LIQUID ASSETS LOAN LOANS FROM FAMILY LOCAL ECONOMY MACROECONOMICS MANUFACTURER MANUFACTURERS MARKET FAILURES MICRO ENTERPRISES MICROENTERPRISES MICROFINANCE MICROFINANCE ORGANIZATIONS MICROFINANCE PRACTITIONERS MICROFINANCE PROGRAM MONEYLENDERS NATURAL DISASTER NATURAL DISASTERS NATURAL PHENOMENA NEGATIVE SHOCKS OPPORTUNITY COST OUTSTANDING LOANS PERSONAL SAVINGS PRIVATE BANK PRIVATE ENTERPRISES PROFITABILITY RECONSTRUCTION RELIEF AGENCIES REMITTANCES RETURN RETURNS SAFETY SAFETY NET SAVINGS SCALE ENTERPRISES SHOPS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES SMALL FIRMS SMALL SCALE ENTERPRISE SMALL SCALE ENTERPRISES SME SOCIAL NETWORKS SUPPLIER SUPPLIERS TRADING TRANSITION ECONOMIES TRUST FUND TSUNAMI TSUNAMI RECOVERY TSUNAMIS VICTIMS WAGES WORKING CAPITAL WRITTEN RECORDS Microdata Set de Mel, Suresh McKenzie, David Woodruff, Christopher Enterprise Recovery Following Natural Disasters |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5269 |
| description |
Using data from surveys of enterprises
in Sri Lanka after the December 2004 tsunami, the authors
undertake the first microeconomic study of the recovery of
the private firms in a developing country following a major
natural disaster. Disaster recovery in low-income countries
is characterized by the prevalence of relief aid rather than
of insurance payments; the data show this distinction has
important consequences. The data indicate that aid provided
directly to households correlates reasonably well with
reported losses of household assets, but is uncorrelated
with reported losses of business assets. Business recovery
is found to be slower than commonly assumed, with
disaster-affected enterprises lagging behind unaffected
comparable firms more than three years after the disaster.
Using data from random cash grants provided by the project,
the paper shows that direct aid is more important in the
recovery of enterprises operating in the retail sector than
for those operating in the manufacturing and service sectors. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
de Mel, Suresh McKenzie, David Woodruff, Christopher |
| author_facet |
de Mel, Suresh McKenzie, David Woodruff, Christopher |
| author_sort |
de Mel, Suresh |
| title |
Enterprise Recovery Following Natural Disasters |
| title_short |
Enterprise Recovery Following Natural Disasters |
| title_full |
Enterprise Recovery Following Natural Disasters |
| title_fullStr |
Enterprise Recovery Following Natural Disasters |
| title_full_unstemmed |
Enterprise Recovery Following Natural Disasters |
| title_sort |
enterprise recovery following natural disasters |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100413103243 http://hdl.handle.net/10986/3756 |
| _version_ |
1764388164727734272 |