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Anttila-Hughes JK, SM Hsiang (2012). Destruction, Disinvestment, and Death: Economic and Human Losses Following Environmental Disaster. SSRN Working Paper.
Finds that unearned income and excess infant mortality in the year after typhoon exposure outnumber immediate damages and death tolls roughly 15-to-1, helping to indicate that economic and human losses due to environmental disaster may be an order of magnitude larger than previously thought and that adaptive decision-making may amplify, rather than dampen, disasters' social cost.Read