Impact of natural disasters on income inequality: Analysis using panel data during the period 1965 to 2004
AbstractAlthough natural disasters have been found to influence economic growth, their impact on income inequality has not yet been explored. This paper uses cross-country panel data during the period 1965 to 2004 to examine how the occurrence of natural disasters has affected income inequality. The major findings of this study are that although natural disasters have increased income inequality in the short term, this effect disappears in the medium term. These findings are observed even after the fixed effects of year and country are controlled for.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 45623.
Date of creation: 20 Mar 2013
Date of revision:
natural disasters; income inequality;
Find related papers by JEL classification:
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-06 (All new papers)
- NEP-ENV-2013-04-06 (Environmental Economics)
- NEP-PBE-2013-04-06 (Public Economics)
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