Economic development and the impacts of natural disasters. Toya, H. & Skidmore, M. Economics Letters, 94(1):20–25, January, 2007.
Economic development and the impacts of natural disasters [link]Paper  doi  abstract   bibtex   
We use disaster impact data over time to examine the degree to which the human and economic losses from natural disasters are reduced as economies develop. We find that countries with higher income, higher educational attainment, greater openness, more complete financial systems and smaller government experience fewer losses.
@article{toya_economic_2007,
	title = {Economic development and the impacts of natural disasters},
	volume = {94},
	issn = {01651765},
	url = {http://linkinghub.elsevier.com/retrieve/pii/S0165176506002175},
	doi = {10.1016/j.econlet.2006.06.020},
	abstract = {We use disaster impact data over time to examine the degree to which the human and economic losses from natural disasters are reduced as economies develop. We find that countries with higher income, higher educational attainment, greater openness, more complete financial systems and smaller government experience fewer losses.},
	language = {en},
	number = {1},
	urldate = {2017-06-10},
	journal = {Economics Letters},
	author = {Toya, Hideki and Skidmore, Mark},
	month = jan,
	year = {2007},
	keywords = {CK, Untagged},
	pages = {20--25},
}

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