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Vinsamlegast notið þetta auðkenni þegar þið vitnið til verksins eða tengið í það: http://hdl.handle.net/1946/9812

Titill
en

The paradox of natural disasters leading to economic growth: The case of the Touhoku earthquake

Leiðbeinandi
Útgáfa
Maí 2011
Útdráttur
en

This thesis looks at the paradox of how natural disasters can lead to economic growth and uses at the Touhoku earthquake that struck in March 2011 in Japan as a case to try to determine the effects it will have on economic growth in Japan. We see from earlier research that countries that suffer frequent natural disasters have a higher GDP growth than countries that do not. Using a model I present we then analyze the investments into human and physical capital and see how Japan’s investments into human capital results in long-term growth and how rebuilding physical capital after a disaster hastens adoption of new technology and increases output. In conclusion we find that Japan is likely to experience growth following the earthquake.

Athugasemdir

Viðskiptafræði

Birting
3.8.2011


Skrár
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