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| Titel |
Institutions and the losses from natural disasters |
| VerfasserIn |
P. A. Raschky |
| Medientyp |
Artikel
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| Sprache |
Englisch
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| ISSN |
1561-8633
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| Digitales Dokument |
URL |
| Erschienen |
In: Natural Hazards and Earth System Science ; 8, no. 4 ; Nr. 8, no. 4 (2008-07-01), S.627-634 |
| Datensatznummer |
250005635
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| Publikation (Nr.) |
 copernicus.org/nhess-8-627-2008.pdf |
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| Zusammenfassung |
| Natural hazards can be seen as a function of a specific natural process
and human (economic) activity. Whereby the bulk of literature on natural
hazard management has its focus on the natural process, an increasing number of
scholars is emphasizing the importance of human activity in this context. Existing literature
has identified certain socio-economic factors that determine the impact of natural disasters
on society. The purpose of this paper is to highlight the effects of the institutional framework
that influences human behavior by setting incentives and to point out the importance of
institutional vulnerability. Results from an empirical investigation of large scale
natural disasters between 1984 and 2004 show that countries with better institutions
experience less victims and lower economic losses from natural disasters. In addition,
the results suggest a non-linear relationship between economic development and economic
disaster losses. The suggestions in this paper have implications for the discussion on
how to deal with the adverse effects of natural hazards and how to develop efficient adaption strategies. |
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