Creative Destruction or Just Destruction? Effects of Floods on Manufacturing Establishments in India

Floods and firms: vulnerabilities and resilience to natural disasters in Europe

“…Specifically, all the firms in a flooded region are considered equally impacted by the hazard. At the same time, also recent studies that are able to pinpoint more precisely firm location uncover rather negative impacts of flood events on GDP, although only in the short run, while corporate performance, including entry and exit, seems to be only mildly affected by water damage (Hossain (2020); Jia et al (2022)).…”