Jurnal Ekonomi & Studi Pembangunan
Vol 23, No 1: April 2022

Impact of Disaster on Economic Performance of ASEAN-9: Does Philanthropy Help?

Azhar, Thifal (Unknown)
Majid, M. Shabri Abd. (Unknown)
Sartiyah, Sartiyah (Unknown)
Dawood, Taufiq C (Unknown)



Article Info

Publish Date
08 Apr 2022

Abstract

This study aims to determine the moderating role of religious philanthropy in reducing the impacts of disasters to economic problems, namely inequality, poverty, and economic growth of ASEAN-9 over the period from 2000 to 2020. By using a panel moderated regression analysis, the study found that disasters significantly contributed to higher levels of economic growth, income disparity, and poverty. In addition, philanthropy is found to have a negative moderating role in the effects of disasters on economic growth, inequality, and poverty. The findings showed an effective role of philanthropy in reducing the impacts of disasters on economic growth, income disparity, and poverty in ASEAN-9. Our findings provide an important benchmark for the formulation of government policies to mitigate disaster risks on economic problems through the enhancement of religious philanthropic institutions.

Copyrights © 2022






Journal Info

Abbrev

esp

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi & Studi Pembangunan (JESP) focuses on research papers relating to development economics and multidisciplinary concern to systemic problems in developing countries particularly using quantitative or theoretical work in which novelty is essential. JESP does not publish manuscripts in ...