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Türkiye’de Doğal Afetler ile Ekonomik Büyüme Arasındaki İlişki

Year 2025, Volume: 39 Issue: 4, 441 - 452
https://doi.org/10.16951/trendbusecon.1581817

Abstract

Doğal afetler toplumların fiziksel, çevresel ve sosyal dinamiklerini önemli ölçüde etkileyerek can ve mal kayıplarına yol açmakta ve ekonomik faaliyetleri kesintiye uğratmaktadır. Ayrıca, hem fiziksel hem de beşeri sermayede kalıcı değişimlere neden olarak uzun vadeli ekonomik gerilemelere yol açabilmektedir. Doğal afetlerin boyutu, şiddeti ve ekonomik etkileri ülkelerin gelişmişlik seviyelerine bağlı olarak farklılık göstermektedir. Bu durum, doğal afetler ile gelişmişlik düzeyi arasında bir ilişki olduğunu ortaya koymakta ve bu ilişkinin açıklanabilmesi için ekonomik çalışmalara olan ihtiyacı vurgulamaktadır. Böyle çalışmalar, bu dinamiklerin daha iyi anlaşılmasına ve geleceğe yönelik planlamaların yapılmasına katkı sağlayabilir. Bu çalışma, 1960–2017 dönemi için ARDL sınır testi yaklaşımını kullanarak Türkiye’de doğal afet kaynaklı zararlar ile ekonomik büyüme arasındaki ilişkiyi analiz etmeyi amaçlamaktadır. Elde edilen bulgular, doğal afetlerin hem kısa hem de uzun vadede ekonomik büyüme üzerinde negatif ve istatistiksel olarak anlamlı bir etkisinin olduğunu ortaya koymaktadır. Ayrıca, uzun vadeli analizler, sermaye stoku ve iş gücünün ekonomik büyümenin temel belirleyicileri arasında yer aldığını göstermektedir. Bu sonuçlar afetlerin yalnızca fiziksel değil, aynı zamanda makroekonomik düzeyde de önemli olumsuz etkilere neden olduğunu göstermekte ve ekonomik büyümenin sürdürülebilirliği için hem sermaye birikiminin teşvik edilmesi hem de iş gücünün niteliksel olarak geliştirilmesi gerektiğini ortaya koymaktadır.

References

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  • AFAD. Disaster and Emergency Management Presidency. https://www.afad.gov.tr
  • Albala-Bertrand, J. M. (1993). Political economy of large natural disasters: With special reference to developing countries. Oxford University Press.
  • Ahlerup, P. (2013). Are natural disasters good for economic growth? University of Gothenburg Working Papers in Economics, (No. 553). University of Gothenburg, School of Business, Economics and Law.
  • Ayoo, C. A. A. (2005). Three essays on the economics of natural disasters (Doctoral dissertation). Department of Agricultural Economics & Business, University of Guelph.
  • Benson, C. (1997). The economic impact of natural disasters in Fiji. Overseas Development Institute (ODI) Working Paper, (No. 97).
  • Cavallo, E., & Noy, I. (2009). The economics of natural disasters: A survey. IDB Working Paper Series, (No. IDB-WP-124), 5–50.
  • Cavallo, E., Powell, A., & Becerra, O. (2010). Estimating the direct economic damage of the earthquake in Haiti. Inter-American Development Bank Working Paper Series, (No. 163), 2–16.
  • Cavallo, E., Galiani, S., Noy, I., & Pantano, J. (2010). Catastrophic natural disasters and economic growth. Inter-American Development Bank Research Department Series Working Papers, (No. IDB-WP-183), 1–31.
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  • Coppola, D. P. (2006). Introduction to international disaster management. Elsevier.
  • Cuaresma, J. C., Hlouskova, J., & Obersteiner, M. (2008). Natural disasters as creative destruction: Evidence from developing countries. Economic Inquiry, 46(2), 214–226. [CrossRef]
  • ECLAC. (1991). Manual for estimating the socio-economic effects of natural disasters. United Nations Economic Commission for Latin America and the Caribbean.
  • EM-DAT, www.emdat.be
  • Felbermayr, G., & Gröschl, J. (2014). Naturally negative: The growth effects of natural disasters. Journal of Development Economics, 111, 92–106. [CrossRef]
  • Freeman, P., Martin, L., Linnerooth-Bayer, J., Mechler, R., Pflug, G., & Warner, K. (2003). Disaster risk management: National systems for the comprehensive management of disaster risk financial strategies for natural disaster reconstruction. Inter-American Development Bank.
  • Friesema, H. P. (1979). Aftermath: Communities after natural disaster. SAGE Publications.
  • Fomby, T., Ikeda, Y., & Loayza, N. (2009). The growth aftermath of natural disasters. The World Bank Development Research Group, Policy Research Working Paper, (No. 5002), 2–3. [CrossRef]
  • Gökçe, O., Özden, Ş., & Demir, A. (2008). Spatial and statistical distribution of disasters in Turkey: Disaster information inventory. Republic of Turkey Ministry of Public Works and Settlement, General Directorate of Disaster Affairs.
  • Gujarati, D. N. (1999). Fundamental econometrics (Ü. Şenesen & G. Günlü Şenesen, Trans.). Literatür Publishing. (Original work published in 2011).
  • Güvel, E. A. (2001). The political economy of natural disasters: Natural risks and disaster planning. Istanbul: Istanbul Stock Exchange.
  • Hallegatte, S., & Dumas, P. (2009). Can natural disasters have positive consequences? Investigating the role of embodied technical change. Ecological Economics, 68(3), 777–786. [CrossRef]
  • Hallegatte, S., & Przyluski, V. (2010). The economics of natural disasters: Concepts and methods. World Bank Policy Research Working Paper, (No. 5507). World Bank.
  • Hallegatte, S. (2012). A framework to investigate the economic growth impact of sea level rise. Environmental Research Letters, 7(1), 1–7. [CrossRef]
  • Hsiang, S. M., & Jina, A. S. (2014). The causal effect of environmental catastrophe on long-run economic growth: Evidence from 6,700 cyclones. National Bureau of Economic Research Working Paper, (No. W20352). [CrossRef]
  • Hochrainer, S. (2009). Assessing the macroeconomic impacts of natural disasters: Are there any? (No. 4968). The World Bank.
  • Horwich, G. (2000). Economic lessons of the Kobe earthquake. Economic Development and Cultural Change, 48(3), 521–542. [CrossRef]
  • Hoyois, P., Scheuren, J. M., Below, R., & Guha-Sapir, D. (2007). Annual disaster statistical review: Numbers and trends 2006. Catholic University of Louvain.
  • Jaramillo, H. C. R. (2009). Do natural disasters have long-term effects on growth? Documento Centro de Estudios Sobre Desarrollo Economico CEDE (No. CEDE), 2–38.
  • Jovel, R. (1988). Economic and social consequences of natural disasters in Latin America and the Caribbean. Cepal Review, 38, 134–145.
  • Kahn, M. (2005). The death toll from natural disasters: The role of income, geography, and institutions. The Review of Economics and Statistics, 87(2), 271–284. [CrossRef]
  • Kim, C. (2011). The effects of natural disasters on long-run economic growth. Michigan Journal of Business, 4(1), 11–49.
  • Leiter, A. M., Oberhofer, H., & Raschky, P. A. (2009). Creative disasters? Flooding effects on capital, labor, and productivity within European firms. Environmental and Resource Economics, 43, 333–350. [CrossRef]
  • Loayza, N., Olaberria, E., Rigolini, J., & Christiaensen, L. (2009). Natural disasters and growth: Going beyond the averages. The World Bank Policy Research Working Paper, (No. 4980), 2–40.
  • Lopez, R. (2009). Natural disasters and the dynamic of intangible assets. The World Bank Sustainable Development Network, Policy Research Working Paper, (No. 4874), 2–77.
  • Markandya, A., & Galinato, S. (2009). Economic modeling of income, different types of capital and natural disasters. The World Bank, (No. 4875).
  • Mechler, R. (2003). Natural disaster risk management and financing disaster losses in developing countries (Doctoral dissertation).
  • Mechler, R. (2009). Disasters and economic welfare: Can national savings help explain post-disaster changes in consumption? World Bank Policy Research Working Paper, (No. 4988). Washington, DC: The World Bank.
  • Mel, S., McKenzie, D., & Woodruff, C. (2010). Enterprise recovery following natural disasters. The World Bank Development Research Group, Policy Research Working Paper, (No. 5269), 2–40.
  • Munich Re Group. (2011). Topics geo: Natural catastrophe know-how for risk management and research. Munich Re Group.
  • NATCAT. (2012). Topics Geo: Significant natural catastrophes 1980–2011. Munich ReGroup.
  • Noy, I. (2009). The macroeconomic consequences of disasters. Journal of Development Economics, 88(2), 221–231. [CrossRef]
  • Okuyama, Y. (2003). Economics of natural disasters: A critical review. Regional Research Institute, Research Paper, (No. 12), 2–23.
  • Otero, R. C., & Marti, R. Z. (1994). The impacts of natural disasters on developing economies: Implications for the international development and disaster community. Disaster Prevention for Sustainable Development: Economic and Policy Issues, 11–15.
  • Pelling, M., Özerdem, A., & Barakat, S. (2002). The macroeconomic impact of disasters. Progress in Development Studies, 2(4), 283–305. [CrossRef]
  • Pindyck, R. S., & Wang, N. (2009). The economic and policy consequences of catastrophes. NBER Working Paper Series, (No. 15373). [CrossRef]
  • Raddatz, C. (2007). Are external shocks responsible for the instability of output in low-income countries? Journal of Development Economics, 84(1), 155–187. [CrossRef]
  • Raddatz, C. (2009). The wrath of God: Macroeconomic costs of natural disasters. The World Bank, (No. 5039), 2–35. [CrossRef]
  • Rodríguez Oreggia, E. (2012). Hurricanes and labor market outcomes: Evidence for Mexico. Global Environmental Change, 23, 351–359. [CrossRef]
  • Sapir, D., Hargitt, D., & Hoyois, P. (2004). Thirty years of natural disasters 1974–2003: The numbers. Center for Research on the Epidemiology of Disasters, UCL Presses Universitaires de Louvain, Belgium.
  • Sapir-Hoyois, E., & Below, R. (2013). Topics geo: Natural catastrophe know-how for risk management and research. Munich Re Group. Retrieved from http://www.emdat.be/classification
  • Selcuk, F., & Yeldan, E. (2001). On the macroeconomic impact of the August 1999 earthquake in Turkey: A first assessment. Applied Economics Letters, 8(7), 483–488. [CrossRef]
  • Schumacher, I., & Strobl, E. (2011). Economic development and losses due to natural disasters: The role of hazard exposure. Ecological Economics, 72, 97–105. [CrossRef]
  • Shabnam, N. (2014). Natural disasters and economic growth: A review. International Journal of Disaster Risk Science, 5(2), 157–163. [CrossRef]
  • Skidmore, M., & Toya, H. (2002). Do natural disasters promote long-run growth? Economic Inquiry, 40(4), 664–687. [CrossRef]
  • Strobl, E. (2008). The economic growth impact of hurricanes: Evidence from US coastal counties. IZA Discussion Papers Series.
  • Strobl, E. (2012). The economic growth impact of natural disasters in developing countries: Evidence from hurricane strikes in the Central American and Caribbean regions. Journal of Development Economics, 97(2), 130–141. [CrossRef]
  • Toya, H., & Skidmore, M. (2007). Economic development and the impacts of natural disasters. Economics Letters, 94(1), 20–25. [CrossRef]
  • World Bank. (2020). World development indicators. https://data.worldbank.org/indicator
  • Yıldırım, A. (2004). 55th Term Civil Administrators Seminar lecture notes. Ministry of Internal Affairs Education Department Publications.

The Relationship Between Natural Disasters and Economic Growth in Türkiye

Year 2025, Volume: 39 Issue: 4, 441 - 452
https://doi.org/10.16951/trendbusecon.1581817

Abstract

Natural disasters significantly affect the physical, environmental, and social dynamics of societies, leading to substantial loss of life and property while disrupting economic activity. Additionally, they can result in long-term economic setbacks by causing lasting changes to both physical and human capital. The scale, severity, and economic impacts of natural disasters vary depending on a country's level of development. This highlights the existence of a relationship between natural disasters and development levels, emphasizing the need for economic research to explain this relationship. Such studies can contribute to a better understanding of the dynamics and aid in future planning. This study aims to analyze the relationship between natural disaster-induced damages and economic growth in Türkiye during the period 1960–2017, utilizing the ARDL bounds testing approach. The findings reveal a negative and statistically significant relationship between natural disaster losses and economic growth in both the short and long run. Moreover, long-term analyses show that capital stock and labour force are key determinants of economic growth. These results show that disasters have significant negative effects not only at the physical level but also at the macroeconomic level, highlighting the need to promote capital accumulation and improve the quality of the labour force for the sustainability of economic growth.

References

  • AFAD. (2014). Annotated dictionary of disaster management terms. Prime Ministry Disaster and Emergency Management Presidency.
  • AFAD. Disaster and Emergency Management Presidency. https://www.afad.gov.tr
  • Albala-Bertrand, J. M. (1993). Political economy of large natural disasters: With special reference to developing countries. Oxford University Press.
  • Ahlerup, P. (2013). Are natural disasters good for economic growth? University of Gothenburg Working Papers in Economics, (No. 553). University of Gothenburg, School of Business, Economics and Law.
  • Ayoo, C. A. A. (2005). Three essays on the economics of natural disasters (Doctoral dissertation). Department of Agricultural Economics & Business, University of Guelph.
  • Benson, C. (1997). The economic impact of natural disasters in Fiji. Overseas Development Institute (ODI) Working Paper, (No. 97).
  • Cavallo, E., & Noy, I. (2009). The economics of natural disasters: A survey. IDB Working Paper Series, (No. IDB-WP-124), 5–50.
  • Cavallo, E., Powell, A., & Becerra, O. (2010). Estimating the direct economic damage of the earthquake in Haiti. Inter-American Development Bank Working Paper Series, (No. 163), 2–16.
  • Cavallo, E., Galiani, S., Noy, I., & Pantano, J. (2010). Catastrophic natural disasters and economic growth. Inter-American Development Bank Research Department Series Working Papers, (No. IDB-WP-183), 1–31.
  • Chhibber, A., & Laajaj, R. (2008). Disasters, climate change and economic development in Sub-Saharan Africa: Lessons and directions. Journal of African Economies, 17(Suppl. 2), ii7–ii49. [CrossRef]
  • Coppola, D. P. (2006). Introduction to international disaster management. Elsevier.
  • Cuaresma, J. C., Hlouskova, J., & Obersteiner, M. (2008). Natural disasters as creative destruction: Evidence from developing countries. Economic Inquiry, 46(2), 214–226. [CrossRef]
  • ECLAC. (1991). Manual for estimating the socio-economic effects of natural disasters. United Nations Economic Commission for Latin America and the Caribbean.
  • EM-DAT, www.emdat.be
  • Felbermayr, G., & Gröschl, J. (2014). Naturally negative: The growth effects of natural disasters. Journal of Development Economics, 111, 92–106. [CrossRef]
  • Freeman, P., Martin, L., Linnerooth-Bayer, J., Mechler, R., Pflug, G., & Warner, K. (2003). Disaster risk management: National systems for the comprehensive management of disaster risk financial strategies for natural disaster reconstruction. Inter-American Development Bank.
  • Friesema, H. P. (1979). Aftermath: Communities after natural disaster. SAGE Publications.
  • Fomby, T., Ikeda, Y., & Loayza, N. (2009). The growth aftermath of natural disasters. The World Bank Development Research Group, Policy Research Working Paper, (No. 5002), 2–3. [CrossRef]
  • Gökçe, O., Özden, Ş., & Demir, A. (2008). Spatial and statistical distribution of disasters in Turkey: Disaster information inventory. Republic of Turkey Ministry of Public Works and Settlement, General Directorate of Disaster Affairs.
  • Gujarati, D. N. (1999). Fundamental econometrics (Ü. Şenesen & G. Günlü Şenesen, Trans.). Literatür Publishing. (Original work published in 2011).
  • Güvel, E. A. (2001). The political economy of natural disasters: Natural risks and disaster planning. Istanbul: Istanbul Stock Exchange.
  • Hallegatte, S., & Dumas, P. (2009). Can natural disasters have positive consequences? Investigating the role of embodied technical change. Ecological Economics, 68(3), 777–786. [CrossRef]
  • Hallegatte, S., & Przyluski, V. (2010). The economics of natural disasters: Concepts and methods. World Bank Policy Research Working Paper, (No. 5507). World Bank.
  • Hallegatte, S. (2012). A framework to investigate the economic growth impact of sea level rise. Environmental Research Letters, 7(1), 1–7. [CrossRef]
  • Hsiang, S. M., & Jina, A. S. (2014). The causal effect of environmental catastrophe on long-run economic growth: Evidence from 6,700 cyclones. National Bureau of Economic Research Working Paper, (No. W20352). [CrossRef]
  • Hochrainer, S. (2009). Assessing the macroeconomic impacts of natural disasters: Are there any? (No. 4968). The World Bank.
  • Horwich, G. (2000). Economic lessons of the Kobe earthquake. Economic Development and Cultural Change, 48(3), 521–542. [CrossRef]
  • Hoyois, P., Scheuren, J. M., Below, R., & Guha-Sapir, D. (2007). Annual disaster statistical review: Numbers and trends 2006. Catholic University of Louvain.
  • Jaramillo, H. C. R. (2009). Do natural disasters have long-term effects on growth? Documento Centro de Estudios Sobre Desarrollo Economico CEDE (No. CEDE), 2–38.
  • Jovel, R. (1988). Economic and social consequences of natural disasters in Latin America and the Caribbean. Cepal Review, 38, 134–145.
  • Kahn, M. (2005). The death toll from natural disasters: The role of income, geography, and institutions. The Review of Economics and Statistics, 87(2), 271–284. [CrossRef]
  • Kim, C. (2011). The effects of natural disasters on long-run economic growth. Michigan Journal of Business, 4(1), 11–49.
  • Leiter, A. M., Oberhofer, H., & Raschky, P. A. (2009). Creative disasters? Flooding effects on capital, labor, and productivity within European firms. Environmental and Resource Economics, 43, 333–350. [CrossRef]
  • Loayza, N., Olaberria, E., Rigolini, J., & Christiaensen, L. (2009). Natural disasters and growth: Going beyond the averages. The World Bank Policy Research Working Paper, (No. 4980), 2–40.
  • Lopez, R. (2009). Natural disasters and the dynamic of intangible assets. The World Bank Sustainable Development Network, Policy Research Working Paper, (No. 4874), 2–77.
  • Markandya, A., & Galinato, S. (2009). Economic modeling of income, different types of capital and natural disasters. The World Bank, (No. 4875).
  • Mechler, R. (2003). Natural disaster risk management and financing disaster losses in developing countries (Doctoral dissertation).
  • Mechler, R. (2009). Disasters and economic welfare: Can national savings help explain post-disaster changes in consumption? World Bank Policy Research Working Paper, (No. 4988). Washington, DC: The World Bank.
  • Mel, S., McKenzie, D., & Woodruff, C. (2010). Enterprise recovery following natural disasters. The World Bank Development Research Group, Policy Research Working Paper, (No. 5269), 2–40.
  • Munich Re Group. (2011). Topics geo: Natural catastrophe know-how for risk management and research. Munich Re Group.
  • NATCAT. (2012). Topics Geo: Significant natural catastrophes 1980–2011. Munich ReGroup.
  • Noy, I. (2009). The macroeconomic consequences of disasters. Journal of Development Economics, 88(2), 221–231. [CrossRef]
  • Okuyama, Y. (2003). Economics of natural disasters: A critical review. Regional Research Institute, Research Paper, (No. 12), 2–23.
  • Otero, R. C., & Marti, R. Z. (1994). The impacts of natural disasters on developing economies: Implications for the international development and disaster community. Disaster Prevention for Sustainable Development: Economic and Policy Issues, 11–15.
  • Pelling, M., Özerdem, A., & Barakat, S. (2002). The macroeconomic impact of disasters. Progress in Development Studies, 2(4), 283–305. [CrossRef]
  • Pindyck, R. S., & Wang, N. (2009). The economic and policy consequences of catastrophes. NBER Working Paper Series, (No. 15373). [CrossRef]
  • Raddatz, C. (2007). Are external shocks responsible for the instability of output in low-income countries? Journal of Development Economics, 84(1), 155–187. [CrossRef]
  • Raddatz, C. (2009). The wrath of God: Macroeconomic costs of natural disasters. The World Bank, (No. 5039), 2–35. [CrossRef]
  • Rodríguez Oreggia, E. (2012). Hurricanes and labor market outcomes: Evidence for Mexico. Global Environmental Change, 23, 351–359. [CrossRef]
  • Sapir, D., Hargitt, D., & Hoyois, P. (2004). Thirty years of natural disasters 1974–2003: The numbers. Center for Research on the Epidemiology of Disasters, UCL Presses Universitaires de Louvain, Belgium.
  • Sapir-Hoyois, E., & Below, R. (2013). Topics geo: Natural catastrophe know-how for risk management and research. Munich Re Group. Retrieved from http://www.emdat.be/classification
  • Selcuk, F., & Yeldan, E. (2001). On the macroeconomic impact of the August 1999 earthquake in Turkey: A first assessment. Applied Economics Letters, 8(7), 483–488. [CrossRef]
  • Schumacher, I., & Strobl, E. (2011). Economic development and losses due to natural disasters: The role of hazard exposure. Ecological Economics, 72, 97–105. [CrossRef]
  • Shabnam, N. (2014). Natural disasters and economic growth: A review. International Journal of Disaster Risk Science, 5(2), 157–163. [CrossRef]
  • Skidmore, M., & Toya, H. (2002). Do natural disasters promote long-run growth? Economic Inquiry, 40(4), 664–687. [CrossRef]
  • Strobl, E. (2008). The economic growth impact of hurricanes: Evidence from US coastal counties. IZA Discussion Papers Series.
  • Strobl, E. (2012). The economic growth impact of natural disasters in developing countries: Evidence from hurricane strikes in the Central American and Caribbean regions. Journal of Development Economics, 97(2), 130–141. [CrossRef]
  • Toya, H., & Skidmore, M. (2007). Economic development and the impacts of natural disasters. Economics Letters, 94(1), 20–25. [CrossRef]
  • World Bank. (2020). World development indicators. https://data.worldbank.org/indicator
  • Yıldırım, A. (2004). 55th Term Civil Administrators Seminar lecture notes. Ministry of Internal Affairs Education Department Publications.
There are 60 citations in total.

Details

Primary Language English
Subjects Natural Resources Economy, Political Economy
Journal Section Research Articles
Authors

Arzu Tural Dikmen 0000-0003-1616-1792

Hayati Aksu 0000-0001-6501-3513

Early Pub Date October 13, 2025
Publication Date October 14, 2025
Submission Date November 8, 2024
Acceptance Date June 12, 2025
Published in Issue Year 2025 Volume: 39 Issue: 4

Cite

APA Tural Dikmen, A., & Aksu, H. (2025). The Relationship Between Natural Disasters and Economic Growth in Türkiye. Trends in Business and Economics, 39(4), 441-452. https://doi.org/10.16951/trendbusecon.1581817

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