Hurricane Mitch and consumption growth of Nicaraguan agricultural households
AbstractRisk has been presented as a cause of poverty persistence under imperfect insurance mechanisms.� This paper assesses the ex post effect of hurricane Mitch on consumption growth of Nicaraguan agricultural households.� How persistent was Mitch's direct impact beyond October 1998 damage?� A nationally representative panel is available for 1998 and 2001, but affected households were also re-surveyed in 1999.� Given the data design, idiosyncratic and common dimensions of the shock can be disentangled, together with its short and medium-term impacts.� Satellite rainfall observations are interpolated at municipal centres to complement survey reports of hurricane-induced losses.� Within the treated sample, micro-growth model estimates only point to a limited short-term negative impact of idiosyncratic damage, at most through floods and displacement.� Mitch's medium-term common impact is considered in an experimental set-up.� Households affected by Mitch do not suffer from lower growth between 1998 and 2001, even accounting for spatial heterogeneity.� Overall, hurricane Mitch's direct consumption impact thus exhibits little persistence.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number WPS/2008-06.
Date of creation: 01 Jan 2008
Date of revision:
Risk; Growth; Natural Experiment;
Find related papers by JEL classification:
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Caroline Wise).
If references are entirely missing, you can add them using this form.