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The Effects of Natural Disasters to the Economic Growth of the Philippines (1992-2011) / Beatriz Consuelo R. Bautista, Ariane Gail P. Enriquez, and Rosemarie B. Magpantay. 6

By: Bautista, Beatriz Consuelo R. Enriquez, Ariane Gail P. and Magpantay, Rosemarie B. 4 0 16, [, ] | [, ] |

Contributor(s): 5 6 [] |

Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 201346Edition: Description: 28 cm. 88 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:

Contents:

Action note: In: Summary: Abstract: Major catastrophes have lately spurred research concerning the correlation between natural disasters and its effect with economic growth. Natural disaster causes a disruption in the operation of the economic system, with a considerable impact on assets, production factors, output, employment, and consumption. This study estimated the impact of natural disaster on the economic growth in the Philippines. By means of time series data, effects of natural disaster on the country's gross domestic product had been estimated. An econometric model was formulated to examine if the given variables have relationships. 20 observations were analyzed from the year 1992 to 2011. They were gathered from World Bank, Philippine Atmospheric Geophysical Astronomical Service Administration (PAGASA), National Risk Reduction and Management Council (NDRRMC) and Center for Research on the Epidemiology of Disaster-Emergency Events Database (CRED-EM-DAT). In this study, it is very important to develop an initiative on how natural disasters impact the economy as this will be of assistance to arrive at decisions pertaining to disaster preparedness, awareness, and management as well as mitigation strategies. Based on the empirical results, the researchers discovered that natural disasters affect the economy of the country significantly. Furthermore, it resulted that there is a positive relationship. This can be explained by rebuilding efforts that provide a boost by attracting resources such as capital and employment to the country. Additional to that, rehabilitation efforts generate more economic activity thus increasing production and escalating the economy. Other editions:

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Item type	Current location	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	PLM	PLM Filipiniana Section	Filipiniana-Thesis	HC79 B38 2013 (Browse shelf)	Available		FT5033

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Undergraduate Thesis (BS in Business Economics) Pamantasan ng Lungsod ng Maynila , 2013. 56

Abstract: Major catastrophes have lately spurred research concerning the correlation between natural disasters and its effect with economic growth. Natural disaster causes a disruption in the operation of the economic system, with a considerable impact on assets, production factors, output, employment, and consumption. This study estimated the impact of natural disaster on the economic growth in the Philippines. By means of time series data, effects of natural disaster on the country's gross domestic product had been estimated. An econometric model was formulated to examine if the given variables have relationships. 20 observations were analyzed from the year 1992 to 2011. They were gathered from World Bank, Philippine Atmospheric Geophysical Astronomical Service Administration (PAGASA), National Risk Reduction and Management Council (NDRRMC) and Center for Research on the Epidemiology of Disaster-Emergency Events Database (CRED-EM-DAT). In this study, it is very important to develop an initiative on how natural disasters impact the economy as this will be of assistance to arrive at decisions pertaining to disaster preparedness, awareness, and management as well as mitigation strategies. Based on the empirical results, the researchers discovered that natural disasters affect the economy of the country significantly. Furthermore, it resulted that there is a positive relationship. This can be explained by rebuilding efforts that provide a boost by attracting resources such as capital and employment to the country. Additional to that, rehabilitation efforts generate more economic activity thus increasing production and escalating the economy.

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