In this reply we offer a response to the Mercer and Reed (2015) replication of Toya and Skidmore (2007). The replication study extends the original work in several important dimensions and is a very useful contribution. Nevertheless, we offer additional evaluation and discussion of the robustness portion of their replication. In particular, we consider the fixed effects and interval regression estimates.
KahnM.. 2005. “The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions.” The Review of Economics and Statistics87:271−84.
2.
MercerR.ReedR.. 2015. “A Replication of “Economic Development and the Impacts of Natural Disasters” (Economics Letters 2007)”Public Finance Review43:155−78.
3.
SkidmoreM.ToyaH.. 2013. “Natural Disaster Impacts and Fiscal Decentralization.” Land Economics89:101−284.
4.
ToyaH.SkidmoreM.. 2007. “Economic Development and the Impacts of Natural Disasters.” Economics Letters94:20–25.
