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Floods and Spillovers: Households after the 2011 Great Flood in Thailand

Author

Listed:
  • Ilan Noy
  • Cuong Nguyen
  • Pooja Patel

Abstract

In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Socio-Economic Survey, we analyze the flood’s economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use this self-identified flood exposure and external exposure indicators from satellite images to identify both households that were directly affected and those that were not directly flooded but their communities were (the spillovers). We measure the direct and indirect impacts of the disaster on income, expenditures, assets, and debt and savings levels for spillover households. We also analyze the flood’s impacts across different socioeconomic groups.

Suggested Citation

  • Ilan Noy & Cuong Nguyen & Pooja Patel, 2021. "Floods and Spillovers: Households after the 2011 Great Flood in Thailand," Economic Development and Cultural Change, University of Chicago Press, vol. 69(2), pages 829-868.
    • Handle: RePEc:ucp:ecdecc:doi:10.1086/703098
    DOI: 10.1086/703098
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    Cited by:

    1. Sajid, Osama, 2023. "Economic and Demographic Effects of Increased Flood Susceptibility: Evidence from Rural India," 2023 Annual Meeting, July 23-25, Washington D.C. 335442, Agricultural and Applied Economics Association.
    2. repec:ags:aaea22:335442 is not listed on IDEAS
    3. Zhuldyz Ashikbayeva & Marei Fürstenberg & Timo Kapelari & Albert Pierres & Stephan Thies, 2020. "Household level effects of flooding: Evidence from Thailand," TVSEP Working Papers wp-022, Leibniz Universitaet Hannover, Institute for Environmental Economics and World Trade, Project TVSEP.
    4. Mohanty, Aatishya & Powdthavee, Nattavudh & Tang, CK & Oswald, Adrew J., 2024. "Temperature Variability and Natural Disasters," The Warwick Economics Research Paper Series (TWERPS) 1519, University of Warwick, Department of Economics.
    5. Zhao, Yu & Yang, Yichen & Zhang, Ning, 2026. "Flood shocks, heterogeneous risk exposure, and housing market dynamics in China," Journal of Development Economics, Elsevier, vol. 178(C).
    6. Felbermayr, Gabriel & Gröschl, Jasmin & Sanders, Mark & Schippers, Vincent & Steinwachs, Thomas, 2022. "The economic impact of weather anomalies," World Development, Elsevier, vol. 151(C).
    7. Nekeisha Spencer & Eric Strobl, 2025. "Modeling the Impact of Extreme Climate Events on Household Welfare: An Empirical Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(4), pages 921-964, April.
    8. Susana Ferreira, 2024. "Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies," Annual Review of Resource Economics, Annual Reviews, vol. 16(1), pages 207-231, October.
    9. Kucuk, Merve & Ulubasoglu, Mehmet & Vu, Ha, 2024. "Stormy Futures? The Impact of Climatic Shocks on Retirement Savings," MPRA Paper 121241, University Library of Munich, Germany.
    10. Sven Fischer, 2021. "Post-Disaster Spillovers: Evidence from Iranian Provinces," JRFM, MDPI, vol. 14(5), pages 1-26, April.
    11. Agarwal, Sumit & Ghosh, Pulak & Zheng, Huanhuan, 2024. "Consumption response to a natural disaster: Evidence of price and income shocks from Chennai flood," Energy Economics, Elsevier, vol. 131(C).
    12. Mikawa, Naoto, 2025. "Impact of the 2011 earthquake on the real estate market in Tokyo," Japan and the World Economy, Elsevier, vol. 73(C).

    More about this item

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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