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Natural disasters and economic inequality: Insights from wildfires across the globe

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  • Jayash Paudel

Abstract

Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across the globe. This paper employs satellite data on real-time active fire locations to evaluate the short-term impact of forest fires on economic inequality around the world. Using quasi-random spatial and temporal variation in both the incidence and intensity of fire events, the study employs year and country fixed effects to show that wildfires exacerbate economic inequality among rural areas.

Suggested Citation

  • Jayash Paudel, 2023. "Natural disasters and economic inequality: Insights from wildfires across the globe," WIDER Working Paper Series wp-2023-24, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2023-24
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2023-24-natural-disasters-economic-inequality-wildfires.pdf
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    References listed on IDEAS

    as
    1. Rosana Aguilera & Thomas Corringham & Alexander Gershunov & Tarik Benmarhnia, 2021. "Wildfire smoke impacts respiratory health more than fine particles from other sources: observational evidence from Southern California," Nature Communications, Nature, vol. 12(1), pages 1-8, December.
    2. Bin, Okmyung & Landry, Craig E., 2013. "Changes in implicit flood risk premiums: Empirical evidence from the housing market," Journal of Environmental Economics and Management, Elsevier, vol. 65(3), pages 361-376.
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    More about this item

    Keywords

    Natural disasters; Gini coefficient; Inequality; Income;
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