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The Income Distribution Effect of Natural Disasters: An Analysis of Hurricane Katrina

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  • Shaughnessy, Timothy M.
  • White, Mary L.
  • Brendler, Michael D.
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    Abstract

    This paper combines the study of income distribution with that of natural disasters. We introduce several income density functions to approximate the income distributions of five samples: New Orleans prior to Katrina, New Orleans after Katrina, the United States during the same year (2005), and then New Orleans and the United States in 2007. We then assess the goodness of fit of these models to determine which most accurately represents the income dis-tributions of the samples. We conclude with a discussion of how the income inequality and distribution was impacted in the city of New Orleans by Hurricane Katrina using the best-fitting models and examine the persistence of these changes two years later.

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    File URL: http://purl.umn.edu/132443
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    Bibliographic Info

    Article provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.

    Volume (Year): 40 (2010)
    Issue (Month): 1 ()
    Pages:

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    Handle: RePEc:ags:jrapmc:132443

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    Web page: http://jrap-journal.org/index.htm
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    Related research

    Keywords: Food Security and Poverty; Risk and Uncertainty;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Mark Skidmore & Hideki Toya, 2002. "Do Natural Disasters Promote Long-Run Growth?," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 664-687, October.
    2. Craig E. Landry & Okmyung Bin & Paul Hindsley & John C. Whitehead & Kenneth Wilson, 2007. "Going Home: Evacuation-Migration Decisions of Hurricane Katrina Survivors," Working Papers 07-03, Department of Economics, Appalachian State University.
    3. Skoufias, Emmanuel, 2003. "Economic Crises and Natural Disasters: Coping Strategies and Policy Implications," World Development, Elsevier, vol. 31(7), pages 1087-1102, July.
    4. Albala-Bertrand, J. M., 1993. "Natural disaster situations and growth: A macroeconomic model for sudden disaster impacts," World Development, Elsevier, vol. 21(9), pages 1417-1434, September.
    5. Stanley Smith & Christopher McCarty, 1996. "Demographic effects of natural disasters: a case study of hurricane andrew," Demography, Springer, vol. 33(2), pages 265-275, May.
    6. Matthew E. Kahn, 2005. "The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 271-284, May.
    7. Janice F. Madden, 2000. "Changes in Income Inequality within U.S. Metropolitan Areas," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number cii.
    8. Campano, Fred & Salvatore, Dominick, 2006. "Income Distribution," OUP Catalogue, Oxford University Press, number 9780195300918.
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    Cited by:
    1. Daniel Felsenstein & Michal Lichter, 2014. "Social and economic vulnerability of coastal communities to sea-level rise and extreme flooding," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 71(1), pages 463-491, March.

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