Macroeconomic impact of natural disasters on a small island economy : evidence from a CGE model

Narayan, P. K. 2003, Macroeconomic impact of natural disasters on a small island economy : evidence from a CGE model, Applied economics letters, vol. 10, no. 11, pp. 721-723.

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Title Macroeconomic impact of natural disasters on a small island economy : evidence from a CGE model
Author(s) Narayan, P. K.
Journal name Applied economics letters
Volume number 10
Issue number 11
Start page 721
End page 723
Total pages 3
Publisher Routledge
Place of publication London, England
Publication date 2003-09
ISSN 1350-4851
1466-4291
Summary 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.
Language eng
Field of Research 140212 Macroeconomics (incl Monetary and Fiscal Theory)
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2003, Taylor and Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024649

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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