Publication:
Understanding the Impact of Windstorms on Economic Activity from Night Lights in Central America

Simple item page
dc.contributor.authorIshizawa, Oscar A.
dc.contributor.authorMiranda, Juan Jose
dc.contributor.authorZhang, Hongrui
dc.date.accessioned2017-07-18T22:40:21Z
dc.date.available2017-07-18T22:40:21Z
dc.date.issued2017-06
dc.description.abstractCentral America is particularly prone to tropical storms and hurricanes. The prevailing conditions of poverty and socioeconomic inequality in most countries of the region make their exposed population especially vulnerable to those adverse natural events. This paper quantifies the causal effects of hurricane windstorms on economic growth using night lights in the Central America region at the highest spatial resolution data available (1 square kilometer). The paper uses a unique data set of monthly night lights data to capture the temporal disaggregation of hurricanes. Hurricanes in Central America are often localized events and tend to make landfall during the final months of the year that are better captured through monthly -– rather than yearly -– frequency data. The results suggest that major hurricanes show negative effects up to 12 months after the hurricane strikes (between -2.6 to -3.9 percent in income growth at the local level). After that, the analysis finds positive effects during the second year and the first half of the third year as evidence of post-disaster recovery (from 2.5 to 3.6 percent in income growth). The paper contributes to the literature on natural disasters by providing robust estimates of the causal effects of major hurricane windstorms on Central America, which are negative (in the short term) and positive (two years after hurricanes hit).en
dc.identifierhttp://documents.worldbank.org/curated/en/338881498577038860/Understanding-the-impact-of-windstorms-on-economic-activity-from-night-lights-in-Central-America
dc.identifier.doi10.1596/1813-9450-8124
dc.identifier.urihttps://hdl.handle.net/10986/27627
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8124
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectWINDSTORMS
dc.subjectNIGHT LIGHTS
dc.subjectHURRICANES
dc.subjectNATURAL DISASTERS
dc.subjectECONOMIC GROWTH
dc.titleUnderstanding the Impact of Windstorms on Economic Activity from Night Lights in Central Americaen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleUnderstanding the Impact of Windstorms on Economic Activity from Night Lights in Central America
okr.date.disclosure2017-06-27
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/338881498577038860/Understanding-the-impact-of-windstorms-on-economic-activity-from-night-lights-in-Central-America
okr.guid338881498577038860
okr.identifier.doi10.1596/1813-9450-8124
okr.identifier.doihttps://doi.org/10.1596/1813-9450-8124
okr.identifier.externaldocumentum090224b084d382e3_1_0
okr.identifier.internaldocumentum27678237
okr.identifier.reportWPS8124
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/338881498577038860/pdf/WPS8124.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCentral America
okr.statistics.combined2376
okr.statistics.dr338881498577038860
okr.statistics.drstats1949
okr.topicAgriculture::Commodity Risk Management
okr.topicEnvironment::Natural Disasters
okr.topicPoverty Reduction::Poverty, Environment and Development
okr.topicUrban Development::Hazard Risk Management
okr.unitSocial, Urban, Rural and Resilience Global Practice Group
relation.isAuthorOfPublication3ede91d4-452b-5fbb-b954-1394785b79ce
relation.isAuthorOfPublication.latestForDiscovery3ede91d4-452b-5fbb-b954-1394785b79ce
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
WPS8124.pdf
Size:
6.38 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers