Household-level Recovery after Floods in a Developing Country: Evidence from Pakistan
AbstractBased on a panel survey conducted in rural Pakistan, this paper analyzes the extent to which households recovered from damage due to floods that hit the country in 2010. With regard to initial recovery, households who had initially fewer assets and were hit by greater flood damage had more difficulty in recovering. After one year, the overall recovery had improved, with initially rich households associated with faster recovery but the speed of recovery decelerated. The overall pattern indicates that the village economy was turning towards the initial asset distribution despite the short-run disturbance to the household economy.
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Bibliographic InfoPaper provided by Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University in its series CEI Working Paper Series with number 2012-08.
Length: 35, 13 p.
Date of creation: Nov 2012
Date of revision:
Note: November 2012
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natural disaster; recovery; resilience; Asia; Pakistan;
Find related papers by JEL classification:
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
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