Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity

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 200...

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Main Authors: Khan, Khawar Abbas, Zaman, Khalid, Shoukry, Alaa Mohamd, Sharkawy, Abdelwahab, Gani, Showkat, Sasmoko, Sasmoko, Ahmad, Jamilah, Khan, Aqeel
Format: Article
Published: Springer Verlag 2019
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author Khan, Khawar Abbas
Zaman, Khalid
Shoukry, Alaa Mohamd
Sharkawy, Abdelwahab
Gani, Showkat
Sasmoko, Sasmoko
Ahmad, Jamilah
Khan, Aqeel
author_facet Khan, Khawar Abbas
Zaman, Khalid
Shoukry, Alaa Mohamd
Sharkawy, Abdelwahab
Gani, Showkat
Sasmoko, Sasmoko
Ahmad, Jamilah
Khan, Aqeel
author_sort Khan, Khawar Abbas
collection ePrints
description 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.
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spelling utm.eprints-877922020-11-30T13:20:47Z http://eprints.utm.my/87792/ Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity Khan, Khawar Abbas Zaman, Khalid Shoukry, Alaa Mohamd Sharkawy, Abdelwahab Gani, Showkat Sasmoko, Sasmoko Ahmad, Jamilah Khan, Aqeel H Social Sciences (General) HB Economic Theory 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. Springer Verlag 2019-05 Article PeerReviewed Khan, Khawar Abbas and Zaman, Khalid and Shoukry, Alaa Mohamd and Sharkawy, Abdelwahab and Gani, Showkat and Sasmoko, Sasmoko and Ahmad, Jamilah and Khan, Aqeel (2019) Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity. Environmental Science and Pollution Research, 26 (14). pp. 14287-14299. ISSN 0944-1344 http://dx.doi.org/10.1007/s11356-019-04755-5 DOI:10.1007/s11356-019-04755-5
spellingShingle H Social Sciences (General)
HB Economic Theory
Khan, Khawar Abbas
Zaman, Khalid
Shoukry, Alaa Mohamd
Sharkawy, Abdelwahab
Gani, Showkat
Sasmoko, Sasmoko
Ahmad, Jamilah
Khan, Aqeel
Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title_full Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title_fullStr Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title_full_unstemmed Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title_short Natural disasters and economic losses: controlling external migration, energy and environmental resources, water demand, and financial development for global prosperity
title_sort natural disasters and economic losses controlling external migration energy and environmental resources water demand and financial development for global prosperity
topic H Social Sciences (General)
HB Economic Theory
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