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The Role Of Natural Hazard On Income Inequality

Author

Listed:
  • Lucia Errico

    (Department of Economics, Statistics and Finance 'Giovanni Anania', University of Calabria, Rende (Italy))

  • Andrea Mosca

    (Department of Economics, University of Bergamo, Italy)

  • Sandro Rondinella

    (Department of Economics, Statistics and Finance 'Giovanni Anania', University of Calabria, Rende (Italy))

  • Carmela Ciccarelli

    (Department of Economics, Statistics and Finance 'Giovanni Anania', University of Calabria, Rende (Italy))

Abstract

This study investigates the relationship between environmental risks and income inequality within Italian municipalities, utilising data spanning from 2010 to 2020. Specifically, leveraging a unique dataset drawing upon various sources, we analyse the impact of environmental hazards such as hydrogeological risks, landslides, volcanic zones, and earthquakes on income distribution. Our findings suggest that municipalities facing heightened environmental risks tend to exhibit increased income inequality, with results being driven by hydrogeological risks, landslides, and volcanic zones. On the other hand, earthquake risk appears to alleviate income inequality, particularly in the South of the country. Our results underscore the significance of preventive and communication measures not only in mitigating the impact of such natural hazards but also in managing the associated economic uncertainty.

Suggested Citation

  • Lucia Errico & Andrea Mosca & Sandro Rondinella & Carmela Ciccarelli, 2024. "The Role Of Natural Hazard On Income Inequality," Working Papers 202402, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    • Handle: RePEc:clb:wpaper:202402
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    File URL: http://www.ecostat.unical.it/RePEc/WorkingPapers/WP02_2024.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Income inequality; environmental risk; beta regression;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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