Natural Hazard-Induced Disasters and Production Efficiency: Moving Closer to or Further from the Frontier?
Abstract Production efficiency is a key determinant of economic growth and demonstrates how a country uses its resources by relating the quantity of its inputs to its outputs. When a natural hazard-induced disaster strikes, it has a devastating impact on capital and labor, but at the same time provi...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
SpringerOpen
2019-05-01
|
Series: | International Journal of Disaster Risk Science |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1007/s13753-019-0218-9 |