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Floods and happiness: Empirical evidence from Bulgaria

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  • Sekulova, Filka
  • van den Bergh, Jeroen C.J.M.

Abstract

•We conduct an econometric study on the effect of floods on happiness in Bulgaria.•Experiencing floods causes lasting reduction in subjective well-being.•The intensity of the flood seems to matter more than its timing.•Intangible or psychological damages of low-intensity floods can be substantial.•Material damages do not capture the entire impact of extreme events on happiness.

Suggested Citation

  • Sekulova, Filka & van den Bergh, Jeroen C.J.M., 2016. "Floods and happiness: Empirical evidence from Bulgaria," Ecological Economics, Elsevier, vol. 126(C), pages 51-57.
    • Handle: RePEc:eee:ecolec:v:126:y:2016:i:c:p:51-57
    DOI: 10.1016/j.ecolecon.2016.02.014
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    2. G. M. Mkrtchyan & I. Yu. Blam & S. Yu. Kovalev & Yu. O. Tsvelodub, 2018. "Impact of Climate Change on the Subjective Well-Being of Households in Russia," Regional Research of Russia, Springer, vol. 8(3), pages 281-288, July.
    3. Johnston, David W. & Önder, Yasin Kürşat & Rahman, Muhammad Habibur & Ulubaşoğlu, Mehmet A., 2021. "Evaluating wildfire exposure: Using wellbeing data to estimate and value the impacts of wildfire," Journal of Economic Behavior & Organization, Elsevier, vol. 192(C), pages 782-798.
    4. Lohmann, Paul & Pondorfer, Andreas & Rehdanz, Katrin, 2019. "Natural Hazards and Well-Being in a Small-Scale Island Society," Ecological Economics, Elsevier, vol. 159(C), pages 344-353.
    5. Douglas S. Noonan & Abdul‐Akeem A. Sadiq, 2018. "Flood Risk Management: Exploring the Impacts of the Community Rating System Program on Poverty and Income Inequality," Risk Analysis, John Wiley & Sons, vol. 38(3), pages 489-503, March.
    6. Hamid R. Oskorouchi & Alfonso Sousa‐Poza, 2021. "Floods, food security, and coping strategies: Evidence from Afghanistan," Agricultural Economics, International Association of Agricultural Economists, vol. 52(1), pages 123-140, January.
    7. Mauricio Sarrias & Benjamin Jara, 2020. "How Much Should We Pay for Mental Health Deterioration? The Subjective Monetary Value of Mental Health After the 27F Chilean Earthquake," Journal of Happiness Studies, Springer, vol. 21(3), pages 843-875, March.
    8. Nanda Kaji Budhathoki & Kerstin K. Zander, 2019. "Socio-Economic Impact of and Adaptation to Extreme Heat and Cold of Farmers in the Food Bowl of Nepal," IJERPH, MDPI, vol. 16(9), pages 1-24, May.
    9. Liqin Zhang & Lin Wu, 2021. "Effects of Environmental Quality Perception on Depression: Subjective Social Class as a Mediator," IJERPH, MDPI, vol. 18(11), pages 1-14, June.
    10. Keita, Sekou & Schewe, Paul, 2021. "Out of sight, out of mind? Terror in the home country, family reunification options, and the well-being of refugees," World Development, Elsevier, vol. 146(C).
    11. Berlemann, Michael & Eurich, Marina, 2021. "Natural hazard risk and life satisfaction – Empirical evidence for hurricanes," Ecological Economics, Elsevier, vol. 190(C).
    12. Nicholas Gunby & Tom Coupé, 2023. "Weather-Related Home Damage and Subjective Well-Being," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 84(2), pages 409-438, February.
    13. Tovar Reaños, Miguel A., 2021. "Floods, flood policies and changes in welfare and inequality: Evidence from Germany," Ecological Economics, Elsevier, vol. 180(C).

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