Macroeconomic Impact of Natural Disasters on a Small Island Economy: Evidence from a CGE Model

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Title Macroeconomic Impact of Natural Disasters on a Small Island Economy: Evidence from a CGE Model
Author Narayan, Paresh
Journal Name Applied Economics Letters
Year Published 2003
Place of publication United Kingdom
Publisher Routledge
Abstract Natural disasters are common in the Pacific Island countries. Fiji has been affected by many of these disasters. The most recent cyclone exerted substantial damage to infrastructure, agricultural and industrial activity in Fiji. The aim of this article is to incorporate these damages into Fiji's computable general equilibrium model and examine the short-run macroeconomic impact. Among the key results, it is found that cyclones negatively impact private income, consumption, savings, real GDP and real national welfare.
Peer Reviewed Yes
Published Yes
Publisher URI http://www.tandf.co.uk/journals/titles/13504851.asp
Alternative URI http://dx.doi.org/10.1080/1350485032000133372
Volume 10
Issue Number 11
Page from 721
Page to 723
ISSN 1350-4851
Date Accessioned 2007-05-09
Date Available 2009-12-18T06:31:22Z
Language en_AU
Faculty Griffith Business School
Subject PRE2009-Macroeconomics (incl. Monetary and Fiscal Theory)
URI http://hdl.handle.net/10072/27737
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1x

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