Disasters and economic growth: evidence for Argentina

Autores
González, Fernando Antonio Ignacio; London, Silvia; Santos, Maria Emma
Año de publicación
2021
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Disasters pose a serious threat globally. In this paper we estimate the impact of disasters on economic growth at the district level for Argentina, for the period 1992–2013. Due to the lack of disaggregated GDP data, night light maps reported by the United States' National Oceanic and Atmospheric Administration (NOAA) are used as a proxy for economic activity. Disaster information comes from the records of the Disaster Inventory System (DesInventar), which include the full range of disasters, from mild to severe ones. A regression analysis is carried out considering a panel of districts, linking luminosity with disasters. We find that an additional disaster -weighted by its severity- is associated with a small though statistically significant reduction in the district's economic growth rate, specifically, of 0.53 percentage points in the year of its occurrence. This result is mainly driven by the impact of hydrological disasters. However, we find no evidence of persistence of this effect over time; on the contrary there seems to be a recovery in the following period. Given the methodological limitations due to data constraints, estimates found here probably constitute a lower bound of the true macroeconomic effect. Thus, further research on the topic is recommendable.
Fil: González, Fernando Antonio Ignacio. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Fil: London, Silvia. Universidad Nacional del Sur; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Fil: Santos, Maria Emma. University of Oxford; Reino Unido. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Materia
ARGENTINA
DISASTERS
EARTHQUAKES
ECONOMIC GROWTH
FLOODS
GDP
NIGHT LIGHT LUMINOSITY
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/165229
Acceder
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network_name_str CONICET Digital (CONICET)
spelling Disasters and economic growth: evidence for ArgentinaGonzález, Fernando Antonio IgnacioLondon, SilviaSantos, Maria EmmaARGENTINADISASTERSEARTHQUAKESECONOMIC GROWTHFLOODSGDPNIGHT LIGHT LUMINOSITYhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Disasters pose a serious threat globally. In this paper we estimate the impact of disasters on economic growth at the district level for Argentina, for the period 1992–2013. Due to the lack of disaggregated GDP data, night light maps reported by the United States' National Oceanic and Atmospheric Administration (NOAA) are used as a proxy for economic activity. Disaster information comes from the records of the Disaster Inventory System (DesInventar), which include the full range of disasters, from mild to severe ones. A regression analysis is carried out considering a panel of districts, linking luminosity with disasters. We find that an additional disaster -weighted by its severity- is associated with a small though statistically significant reduction in the district's economic growth rate, specifically, of 0.53 percentage points in the year of its occurrence. This result is mainly driven by the impact of hydrological disasters. However, we find no evidence of persistence of this effect over time; on the contrary there seems to be a recovery in the following period. Given the methodological limitations due to data constraints, estimates found here probably constitute a lower bound of the true macroeconomic effect. Thus, further research on the topic is recommendable.Fil: González, Fernando Antonio Ignacio. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaFil: London, Silvia. Universidad Nacional del Sur; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaFil: Santos, Maria Emma. University of Oxford; Reino Unido. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; ArgentinaTaylor & Francis Ltd2021-02-21info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/165229González, Fernando Antonio Ignacio; London, Silvia; Santos, Maria Emma; Disasters and economic growth: evidence for Argentina; Taylor & Francis Ltd; Climate and Development; 13; 10; 21-2-2021; 932-9431756-55291756-5537CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/eprint/VCXGV3QK7M9DGWNUEKJU/full?target=10.1080/17565529.2021.1873724info:eu-repo/semantics/altIdentifier/doi/10.1080/17565529.2021.1873724info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T10:34:49Zoai:ri.conicet.gov.ar:11336/165229instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 10:34:49.698CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Disasters and economic growth: evidence for Argentina
title Disasters and economic growth: evidence for Argentina
spellingShingle Disasters and economic growth: evidence for Argentina
González, Fernando Antonio Ignacio
ARGENTINA
DISASTERS
EARTHQUAKES
ECONOMIC GROWTH
FLOODS
GDP
NIGHT LIGHT LUMINOSITY
title_short Disasters and economic growth: evidence for Argentina
title_full Disasters and economic growth: evidence for Argentina
title_fullStr Disasters and economic growth: evidence for Argentina
title_full_unstemmed Disasters and economic growth: evidence for Argentina
title_sort Disasters and economic growth: evidence for Argentina
dc.creator.none.fl_str_mv González, Fernando Antonio Ignacio
London, Silvia
Santos, Maria Emma
author González, Fernando Antonio Ignacio
author_facet González, Fernando Antonio Ignacio
London, Silvia
Santos, Maria Emma
author_role author
author2 London, Silvia
Santos, Maria Emma
author2_role author
author
dc.subject.none.fl_str_mv ARGENTINA
DISASTERS
EARTHQUAKES
ECONOMIC GROWTH
FLOODS
GDP
NIGHT LIGHT LUMINOSITY
topic ARGENTINA
DISASTERS
EARTHQUAKES
ECONOMIC GROWTH
FLOODS
GDP
NIGHT LIGHT LUMINOSITY
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Disasters pose a serious threat globally. In this paper we estimate the impact of disasters on economic growth at the district level for Argentina, for the period 1992–2013. Due to the lack of disaggregated GDP data, night light maps reported by the United States' National Oceanic and Atmospheric Administration (NOAA) are used as a proxy for economic activity. Disaster information comes from the records of the Disaster Inventory System (DesInventar), which include the full range of disasters, from mild to severe ones. A regression analysis is carried out considering a panel of districts, linking luminosity with disasters. We find that an additional disaster -weighted by its severity- is associated with a small though statistically significant reduction in the district's economic growth rate, specifically, of 0.53 percentage points in the year of its occurrence. This result is mainly driven by the impact of hydrological disasters. However, we find no evidence of persistence of this effect over time; on the contrary there seems to be a recovery in the following period. Given the methodological limitations due to data constraints, estimates found here probably constitute a lower bound of the true macroeconomic effect. Thus, further research on the topic is recommendable.
Fil: González, Fernando Antonio Ignacio. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Fil: London, Silvia. Universidad Nacional del Sur; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
Fil: Santos, Maria Emma. University of Oxford; Reino Unido. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina
description Disasters pose a serious threat globally. In this paper we estimate the impact of disasters on economic growth at the district level for Argentina, for the period 1992–2013. Due to the lack of disaggregated GDP data, night light maps reported by the United States' National Oceanic and Atmospheric Administration (NOAA) are used as a proxy for economic activity. Disaster information comes from the records of the Disaster Inventory System (DesInventar), which include the full range of disasters, from mild to severe ones. A regression analysis is carried out considering a panel of districts, linking luminosity with disasters. We find that an additional disaster -weighted by its severity- is associated with a small though statistically significant reduction in the district's economic growth rate, specifically, of 0.53 percentage points in the year of its occurrence. This result is mainly driven by the impact of hydrological disasters. However, we find no evidence of persistence of this effect over time; on the contrary there seems to be a recovery in the following period. Given the methodological limitations due to data constraints, estimates found here probably constitute a lower bound of the true macroeconomic effect. Thus, further research on the topic is recommendable.
publishDate 2021
dc.date.none.fl_str_mv 2021-02-21
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/165229
González, Fernando Antonio Ignacio; London, Silvia; Santos, Maria Emma; Disasters and economic growth: evidence for Argentina; Taylor & Francis Ltd; Climate and Development; 13; 10; 21-2-2021; 932-943
1756-5529
1756-5537
CONICET Digital
CONICET
url http://hdl.handle.net/11336/165229
identifier_str_mv González, Fernando Antonio Ignacio; London, Silvia; Santos, Maria Emma; Disasters and economic growth: evidence for Argentina; Taylor & Francis Ltd; Climate and Development; 13; 10; 21-2-2021; 932-943
1756-5529
1756-5537
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://www.tandfonline.com/eprint/VCXGV3QK7M9DGWNUEKJU/full?target=10.1080/17565529.2021.1873724
info:eu-repo/semantics/altIdentifier/doi/10.1080/17565529.2021.1873724
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis Ltd
publisher.none.fl_str_mv Taylor & Francis Ltd
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.070432

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