Empirical evidence suggests that the higher-order effects of natural disasters, which affect intangible assets, may be even more important than the material inter-industry effects. However, most existing general equilibrium models ignore higher order effects concerning human capital. Moreover, it is recognized that natural resource dependence increases vulnerability to natural disasters. Recent studies have indeed shown the potential importance of...
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详细
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2009/03/01
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政策研究报告
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WPS4874
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1
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1
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2010/07/01
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Disclosed
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Natural disasters and the dynamics of intangible assets
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human capital