{"id":10566,"date":"2013-11-23T14:47:41","date_gmt":"2013-11-23T14:47:41","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&#038;p=10566"},"modified":"2024-08-19T14:22:04","modified_gmt":"2024-08-19T13:22:04","slug":"disasters-and-development-natural-disasters-credit-constraints-and-economic-growth-2","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/disasters-and-development-natural-disasters-credit-constraints-and-economic-growth-2\/","title":{"rendered":"Disasters and development: Natural disasters, credit constraints and economic growth"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Thomas K.J. McDermott, Frank Barry and Richard S.J. Tol (2014)<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Using a simple two-period model of the economy, we demonstrate the potential effects of natural disasters on economic growth over the medium to long term. In particular, we focus on the effect of such shocks on investment. <\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[334,212,812],"publication-type":[436],"topic_area":[4692],"class_list":["post-10566","publication","type-publication","status-publish","hentry","tag-credit","tag-development","tag-natural-disaster","publication-type-research-articles","topic_area-adaptation-and-resilience"],"acf":{"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["tom-mcdermott"],"type":"relationship","post_type":"profile"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/oep.oxfordjournals.org\/content\/66\/3\/750.abstract","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Disasters and development: Natural disasters, credit constraints and economic growth - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/disasters-and-development-natural-disasters-credit-constraints-and-economic-growth-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disasters and development: Natural disasters, credit constraints and economic growth - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Using a simple two-period model of the economy, we demonstrate the potential effects of natural disasters on economic growth over the medium to long term. 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