How Do Natural Disasters Influence the Rate of Poverty
Bibliographic Data
| ID | 12455035 |
|---|---|
| Authors | Chin-Yu Lee (0000-0002-4321-5736, Universiti Tunku Abdul Rahman), Chor Foon Tang (0000-0003-2242-9222, Universiti Sains Malaysia, corresponding author) |
| Year | 2019 |
| Volume | 23 |
| Issue | 6 |
| Pages | 478-486 |
| Publication date | 2019-05-29 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Poverty (JOURNAL) |
| Journal identifiers | ISSN: 1087-5549 • E-ISSN: 1540-7608 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/10875549.2019.1616033 |
| OpenAlex | W2947961790 |
| Language | EN |
| Citations received | 3 |
| References cited | 16 |
This study aims to investigate the causal relationship between poverty, growth, financial development, and natural disasters in the Philippines from 1970 to 2014. The Toda-Yamamoto version of the Granger causality test was employed. We find that financial development, poverty, and economic growth were bidirectionally causal. However, we noted a unidirectional Granger causality from natural disasters to financial development and economic growth. In this regard, effective disaster risk-reduction strategies and risk management practices are proposed to mitigate the influence of natural disasters on the rate of poverty and thus promote sustainable economic growth and financial development in the Philippines
Causality (physics · Development economics · Econometrics · Economic growth · Economics · Geography · Granger causality · Natural disaster · Political science · Poverty · Poverty reduction · Sustainable development · Agricultural risk and resilience · Disaster Management and Resilience · Insurance and Financial Risk Management
| Citations per year | 0.6 |
|---|---|
| Citation span | 2021 - 2026 (6) |
| Highly cited | No |