Benefit in the wake of disaster: Long-run effects of earthquakes on welfare in rural Indonesia
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| Published in: | Journal of development economics |
|---|---|
| Main Author: | |
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: | 2016 |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1016/j.jdeveco.2015.08.004 http://search.proquest.com/docview/1761744230 |
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| 245 | 1 | 0 | |a Benefit in the wake of disaster: Long-run effects of earthquakes on welfare in rural Indonesia |
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| 520 | |a We examine the long-term effects on individual economic outcomes of a set of earthquakes -- numerous, large, but mostly not extreme -- that occurred in rural Indonesia since 1985. Using longitudinal individual-level data from large-scale household surveys, together with precise measures of local ground tremors obtained from a US Geological Survey database, we identify the effects of earthquakes, exploiting the quasi-random spatial and temporal nature of their distribution. Affected individuals experience short-term economic losses but recover in the medium run (after 2-5 years), and even exhibit income and welfare gains in the long term (6-12 years). The stocks of productive assets, notably in farms, get reconstituted and public infrastructures are improved, seemingly partly through external aid, allowing productivity to recover. These findings tend to discount the presence of poverty traps and exhibit the potential long-term benefits from well-designed post-disaster interventions in contexts where disasters primarily affect physical assets. [web URL: http://www.sciencedirect.com/science/article/pii/S0304387815000954] | ||
| 540 | |a Nutzungsrecht: © COPYRIGHT 2016 Elsevier Science Publishers | ||
| 650 | 4 | |a Earthquakes | |
| 650 | 4 | |a Seismology | |
| 650 | 4 | |a Analysis | |
| 650 | 4 | |a Studies | |
| 650 | 4 | |a Economic impact | |
| 650 | 4 | |a Welfare | |
| 650 | 4 | |a Rural areas | |
| 700 | 1 | |a Menéndez, Marta |4 oth | |
| 773 | 0 | 8 | |i Enthalten in |t Journal of development economics |d Amsterdam : Elsevier, 1974 |g 118(2016), Seite 26-44 |w (DE-627)129404284 |w (DE-600)187117-1 |w (DE-576)014785862 |x 0304-3878 |7 nnns |
| 773 | 1 | 8 | |g volume:118 |g year:2016 |g pages:26-44 |
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