Graduation Year

2017

Graduation Month

May

Document Type

Thesis - Campus Access Only

Degree Name

Bachelor of Arts

School or Department

Economics

Major

Economics

Faculty Mentor

Katrina Mullan

Faculty Mentor Department

Economics

Faculty Reader(s)

Katrina Mullan, Derek Kellenberg

Keywords

Natural Disaster, climate change, development

Subject Categories

Econometrics | Growth and Development | Income Distribution | International Economics | Regional Economics

Abstract

According to the UN, natural disasters have killed 700 thousand people, injured 1.4 million people, and left 23 million people without homes since 2005. When natural disasters occur in developing nations, international organizations like the United Nations and the Red Cross have historically provided much needed aid. This type of aid occurs after the fact. Perhaps it would be better to take a more proactive approach to relief, providing tools to mitigate loss beforehand.If these outside parties invested in capital that would allow the stricken country to more adequately mitigate risk for severe weather events, would it be more cost effective than paying for cleanup afterward? More importantly, would doing so save more lives and make for a quicker economic recovery for these nations? I use panel data to test human capital and physical capital, ultimately determining what can be used to mitigate the impacts of natural disasters.

Honors College Research Project

Yes

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© Copyright 2017 Jared Halvorson