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Economic impact of floods in the Indian states

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  • Parida, Yashobanta

Abstract

We examine the impact of economic development and the role of political alignment on the fatalities and damages due to floods using state-level panel data for 19 Indian states over the period 1980–2011. The empirical results confirm that economic development leads to a decline in flood fatalities and damages due to floods across Indian states. This study also examines the role of politics in the prevention of flood fatalities. We find that both state election years and political alignment influence the extent of flood fatalities. The results suggest that not only economic development but also healthy political coordination between the central government and the states is essential to mitigate the impact of floods.

Suggested Citation

  • Parida, Yashobanta, 2020. "Economic impact of floods in the Indian states," Environment and Development Economics, Cambridge University Press, vol. 25(3), pages 267-290, June.
    • Handle: RePEc:cup:endeec:v:25:y:2020:i:3:p:267-290_4
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    Cited by:

    1. Richard S. J. Tol, 2022. "State capacity and vulnerability to natural disasters," Chapters, in: Mark Skidmore (ed.), Handbook on the Economics of Disasters, chapter 20, pages 434-457, Edward Elgar Publishing.
    2. Anubhab Pattanayak & K. S. Kavi Kumar, 2022. "Fiscal Transfers, Natural Calamities and Partisan Politics: Evidence from India," Economics of Disasters and Climate Change, Springer, vol. 6(2), pages 375-392, July.
    3. Bijoy Rakshit, 2021. "Impact of Natural Disasters on Energy Consumption - Evidence From Indian States," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 2(3), pages 1-6.
    4. Roy Chowdhury, Joyita & Parida, Yashobanta & Agarwal Goel, Prarthna, 2021. "Does inequality-adjusted human development reduce the impact of natural disasters? A gendered perspective," World Development, Elsevier, vol. 141(C).
    5. Parida, Yashobanta & Roy Chowdhury, Joyita, 2021. "An empirical analysis of the effect of floods on rural agricultural wages across Indian states," World Development Perspectives, Elsevier, vol. 23(C).
    6. Ferreira, Susana, 2024. "Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies," IZA Discussion Papers 16715, Institute of Labor Economics (IZA).
    7. Pallavi Tomar & Suraj Kumar Singh & Shruti Kanga & Gowhar Meraj & Nikola Kranjčić & Bojan Đurin & Amitanshu Pattanaik, 2021. "GIS-Based Urban Flood Risk Assessment and Management—A Case Study of Delhi National Capital Territory (NCT), India," Sustainability, MDPI, vol. 13(22), pages 1-20, November.

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