Natural Disasters and Human Capital Accumulation

The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country an...

Full description

Bibliographic Details
Main Author: Cuaresma, Jesus Crespo
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
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_20090309121347
http://hdl.handle.net/10986/4058
id okr-10986-4058
recordtype oai_dc
spelling okr-10986-40582021-04-23T14:02:15Z Natural Disasters and Human Capital Accumulation Cuaresma, Jesus Crespo ACCESS TO CREDIT AVALANCHES CAPITAL ACCUMULATION CAPITAL INVESTMENT CATASTROPHIC EVENTS CRED CREDIT CONSTRAINT CREDIT CONSTRAINTS CREDIT MARKET DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT NETWORK DISASTER DISASTER AID DISASTER REDUCTION DISASTER RISK DISASTER RISK REDUCTION DISASTER SITUATIONS DROUGHT EARTHQUAKE EARTHQUAKES ECONOMIC AGENTS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS ENROLLMENT EXPLOSIONS FINANCIAL DEPTH FIRE FLOOD FLOODS HUMAN CAPITAL HURRICANES ICE STORMS INCOME INEQUALITY INTERNATIONAL ASSISTANCE INTERNATIONAL BANK INVESTMENT DECISIONS INVESTMENT IN EDUCATION INVESTMENTS IN EDUCATION LANDSLIDE LANDSLIDES LEVEL OF EDUCATION LEVELS OF EDUCATION LIFE EXPECTANCY MARKET DEVELOPMENT MORTALITY NATURAL CATASTROPHES NATURAL DISASTER NATURAL DISASTER SITUATIONS NATURAL DISASTERS NATURAL RESOURCE PHYSICAL CAPITAL POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY SCHOOLING PROGRESS RECONSTRUCTION RESPECT RISK EXPOSURE RISK MANAGEMENT SECONDARY SCHOOL SNOW STORMS SOCIAL RESEARCH SUSTAINABLE DEVELOPMENT TORNADOES TYPHOONS VOLCANIC ERUPTIONS VULNERABILITY WAR WORLD POPULATION The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an extremely robust negative partial correlation between secondary school enrollment and natural disaster risk. This result is exclusively driven by geological disasters. Natural disaster risk exposure is a robust determinant of differences in secondary school enrollment between countries, but not within countries, which implies that the effect can be interpreted as a long-run phenomenon. 2012-03-19T19:09:14Z 2012-03-19T19:09:14Z 2009-03-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090309121347 http://hdl.handle.net/10986/4058 English Policy Research working paper ; no. WPS 4862 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 CREDIT
AVALANCHES
CAPITAL ACCUMULATION
CAPITAL INVESTMENT
CATASTROPHIC EVENTS
CRED
CREDIT CONSTRAINT
CREDIT CONSTRAINTS
CREDIT MARKET
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DEVELOPMENT NETWORK
DISASTER
DISASTER AID
DISASTER REDUCTION
DISASTER RISK
DISASTER RISK REDUCTION
DISASTER SITUATIONS
DROUGHT
EARTHQUAKE
EARTHQUAKES
ECONOMIC AGENTS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVELS
ENROLLMENT
EXPLOSIONS
FINANCIAL DEPTH
FIRE
FLOOD
FLOODS
HUMAN CAPITAL
HURRICANES
ICE STORMS
INCOME INEQUALITY
INTERNATIONAL ASSISTANCE
INTERNATIONAL BANK
INVESTMENT DECISIONS
INVESTMENT IN EDUCATION
INVESTMENTS IN EDUCATION
LANDSLIDE
LANDSLIDES
LEVEL OF EDUCATION
LEVELS OF EDUCATION
LIFE EXPECTANCY
MARKET DEVELOPMENT
MORTALITY
NATURAL CATASTROPHES
NATURAL DISASTER
NATURAL DISASTER SITUATIONS
NATURAL DISASTERS
NATURAL RESOURCE
PHYSICAL CAPITAL
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
PRIMARY SCHOOLING
PROGRESS
RECONSTRUCTION
RESPECT
RISK EXPOSURE
RISK MANAGEMENT
SECONDARY SCHOOL
SNOW STORMS
SOCIAL RESEARCH
SUSTAINABLE DEVELOPMENT
TORNADOES
TYPHOONS
VOLCANIC ERUPTIONS
VULNERABILITY
WAR
WORLD POPULATION
spellingShingle ACCESS TO CREDIT
AVALANCHES
CAPITAL ACCUMULATION
CAPITAL INVESTMENT
CATASTROPHIC EVENTS
CRED
CREDIT CONSTRAINT
CREDIT CONSTRAINTS
CREDIT MARKET
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DEVELOPMENT NETWORK
DISASTER
DISASTER AID
DISASTER REDUCTION
DISASTER RISK
DISASTER RISK REDUCTION
DISASTER SITUATIONS
DROUGHT
EARTHQUAKE
EARTHQUAKES
ECONOMIC AGENTS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATIONAL ATTAINMENT
EDUCATIONAL LEVELS
ENROLLMENT
EXPLOSIONS
FINANCIAL DEPTH
FIRE
FLOOD
FLOODS
HUMAN CAPITAL
HURRICANES
ICE STORMS
INCOME INEQUALITY
INTERNATIONAL ASSISTANCE
INTERNATIONAL BANK
INVESTMENT DECISIONS
INVESTMENT IN EDUCATION
INVESTMENTS IN EDUCATION
LANDSLIDE
LANDSLIDES
LEVEL OF EDUCATION
LEVELS OF EDUCATION
LIFE EXPECTANCY
MARKET DEVELOPMENT
MORTALITY
NATURAL CATASTROPHES
NATURAL DISASTER
NATURAL DISASTER SITUATIONS
NATURAL DISASTERS
NATURAL RESOURCE
PHYSICAL CAPITAL
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
PRIMARY SCHOOLING
PROGRESS
RECONSTRUCTION
RESPECT
RISK EXPOSURE
RISK MANAGEMENT
SECONDARY SCHOOL
SNOW STORMS
SOCIAL RESEARCH
SUSTAINABLE DEVELOPMENT
TORNADOES
TYPHOONS
VOLCANIC ERUPTIONS
VULNERABILITY
WAR
WORLD POPULATION
Cuaresma, Jesus Crespo
Natural Disasters and Human Capital Accumulation
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 4862
description The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an extremely robust negative partial correlation between secondary school enrollment and natural disaster risk. This result is exclusively driven by geological disasters. Natural disaster risk exposure is a robust determinant of differences in secondary school enrollment between countries, but not within countries, which implies that the effect can be interpreted as a long-run phenomenon.
format Publications & Research :: Policy Research Working Paper
author Cuaresma, Jesus Crespo
author_facet Cuaresma, Jesus Crespo
author_sort Cuaresma, Jesus Crespo
title Natural Disasters and Human Capital Accumulation
title_short Natural Disasters and Human Capital Accumulation
title_full Natural Disasters and Human Capital Accumulation
title_fullStr Natural Disasters and Human Capital Accumulation
title_full_unstemmed Natural Disasters and Human Capital Accumulation
title_sort natural disasters and human capital accumulation
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_20090309121347
http://hdl.handle.net/10986/4058
_version_ 1764389724244410368