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Weather-Related Home Damage and Subjective Well-Being

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  • Nicholas Gunby

    (University of Canterbury)

  • Tom Coupé

    (University of Canterbury)

Abstract

Climate change is causing weather-related natural disasters to become both more frequent and more severe. We contribute to the literature on the economic impact of these disasters by using Australian data for the period 2009 to 2019 to estimate the effect of experiencing weather-related home damage on three measures of subjective well-being. Overall, we find little evidence of a statistically significant or sizable negative effect, on average, of weather-related home damage on subjective well-being.

Suggested Citation

  • 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.
    • Handle: RePEc:kap:enreec:v:84:y:2023:i:2:d:10.1007_s10640-022-00728-4
    DOI: 10.1007/s10640-022-00728-4
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    More about this item

    Keywords

    climate change; subjective wellbeing; weather;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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