Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
EMPIRICAL-EVIDENCE
; CLIMATE-CHANGE
; HEALTH
; POVERTY
; INCOME
; IMPACT
; INEQUALITY
; GROWTH
; EXPENDITURES
; COUNTRIES
WOS学科分类:
Environmental Sciences
WOS研究方向:
Environmental Sciences & Ecology
英文摘要:
The objective of the study is to examine the impact of natural disasters on external migration, price level, poverty incidence, health expenditures, energy and environmental resources, water demand, financial development, and economic growth in a panel of selected Asian countries for a period of 2005-2017. The results confirm that natural disasters in the form of storm and flood largely increase migration, price level, and poverty incidence, which negatively influenced country's economic resources, including enlarge healthcare expenditures, high energy demand, and low economic growth. The study further presented the following results: i) natural resource depletion increases external migration, ii) FDI inflows increase price level, iii) increase healthcare spending and energy demand decreases poverty headcount, iv) poverty incidence and mortality rate negatively influenced healthcare expenditures, v) industrialization increases energy demand, and vi) agriculture value added, fertilizer, and cereal yields required more water supply to produce greater yield. The study emphasized the need to magnify the intensity of natural disasters and create natural disaster mitigation unit to access the human and infrastructure cost and attempt quick recovery for global prosperity.
1.Univ Wah, Dept Econ, Quaid Ave, Wah Cantt, Pakistan 2.King Saud Univ, Arriyadh Community Coll, Riyadh, Saudi Arabia 3.KSA Workers Univ, Mansoura, Egypt 4.King Saud Univ, Coll Business Adm, Muzahimiyah, Saudi Arabia 5.Bina Nusantara Univ, Fac Humanities, Jakarta, Indonesia 6.Bina Nusantara Univ, Res Interest Grp Educ Technol, Jakarta, Indonesia 7.Univ Teknol Malaysia, Fac Social Sci & Humanities, Sch Educ, Skudai 81310, Johor, Malaysia 8.Univ Teknol Malaysia, Azman Hashim Int Business Sch, Skudai 81310, Johor, Malaysia
Recommended Citation:
Khan, Khawar Abbas,Zaman, Khalid,Shoukry, Alaa Mohamd,et al. Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity[J]. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH,2019-01-01,26(14):14287-14299