Socio-Economic Aspects of Disaster’s Impact: An Assessment of Databases and Methodologies
Economists and social scientists have for the most part not considered disaster issues as a priority. This has changed in recent years as researchers have been analyzing disasters quantitatively in an effort to understand their social, economic and political dimensions. Consequently, there seems to be an ever growing demand for data and information as well as a sound set of methodologies so as to facilitate a thorough investigation of disasters’ impact on national development. The present study provides an assessment of existing methodologies of estimating socioeconomic aspects of disaster impacts and the availability and adequacy of existing data on disaster events. The study methodology involves three major activities, review of literature, assessment of existing databases and methodologies, and examination of case studies of recent disasters in Southeast Asia. As reviewed in the paper, major impediments to analyzing disaster impact in the Southeast Asian countries are issues related to data collection and estimation methodologies, complex nature of disaster impact, inadequate national capacity to undertake impact assessments and high frequency of natural disasters. Despite the exploratory nature of this study, issues raised here indicate the precarious situation of hazards and disaster risks in this region thus justifying additional work in this area. The key data issues that complicate the task of disaster impact estimation include data inadequacy, data inconsistency, variations in terminologies used in relation to data attributes and the resulting difficulties in identifying disasters and their effects. The existing methodologies available for estimating disaster impacts face several issues due to the complex nature of impact assessment. Economic models that are used in disaster impact assessment were not designed specifically for disaster analysis and many for the most part do not account for disruptions in economic relationships as a result of disasters. Additionally, following a disaster event, several other factors might come to play. Consequently, these general purpose models fail to handle the abruptness and largely unpredictable situation during a disaster event. In light of these findings the paper recommends areas for further investigation with focus on Southeast Asia.
|Date of creation:||Jan 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Nanyang Drive, Singapore 637332|
Fax: 6795 5797
Web page: http://egc.hss.ntu.edu.sg/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Crespo Cuaresma & Hlouskova & Obersteiner, 2008. "Natural Disasters As Creative Destruction? Evidence From Developing Countries," Economic Inquiry, Western Economic Association International, vol. 46(2), pages 214-226, 04.
- Toya, Hideki & Skidmore, Mark, 2007.
"Economic development and the impacts of natural disasters,"
Elsevier, vol. 94(1), pages 20-25, January.
- Mark Skidmore & Hideki Toya, 2005. "Economic Development and the Impacts of Natural Disasters," Working Papers 05-04, UW-Whitewater, Department of Economics.
- Noy, Ilan, 2009.
"The macroeconomic consequences of disasters,"
Journal of Development Economics,
Elsevier, vol. 88(2), pages 221-231, March.
- Okuyama, Yasuhide & Sahin, Sebnem, 2009. "Impact estimation of disasters : a global aggregate for 1960 to 2007," Policy Research Working Paper Series 4963, The World Bank.
- Thomas Fomby & Yuki Ikeda & Norman V. Loayza, 2013.
"The Growth Aftermath Of Natural Disasters,"
Journal of Applied Econometrics,
John Wiley & Sons, Ltd., vol. 28(3), pages 412-434, 04.
- Albala-Bertrand, J. M., 1993. "Political Economy of Large Natural Disasters: With Special Reference to Developing Countries," OUP Catalogue, Oxford University Press, number 9780198287650, December.
- Raddatz, Claudio, 2007.
"Are external shocks responsible for the instability of output in low-income countries?,"
Journal of Development Economics,
Elsevier, vol. 84(1), pages 155-187, September.
- Raddatz, Claudio, 2005. "Are external shocks responsible for the instability of output in low income countries?," Policy Research Working Paper Series 3680, The World Bank.
- Loayza, Norman & Olaberria, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2009.
"Natural disasters and growth - going beyond the averages,"
Policy Research Working Paper Series
4980, The World Bank.
- Loayza, Norman V. & Olaberría, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2012. "Natural Disasters and Growth: Going Beyond the Averages," World Development, Elsevier, vol. 40(7), pages 1317-1336.
- Yasuhide Okuyama, 2007. "Economic Modeling for Disaster Impact Analysis: Past, Present, and Future," Economic Systems Research, Taylor & Francis Journals, vol. 19(2), pages 115-124.
- Mark Skidmore & Hideki Toya, 2002. "Do Natural Disasters Promote Long-Run Growth?," Economic Inquiry, Western Economic Association International, vol. 40(4), pages 664-687, October.
- Adam Rose & Shu-Yi Liao, 2005. "Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 75-112.
- Matthew E. Kahn, 2005. "The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 271-284, May.
- Christian R. Jaramillo H., 2007. "Natural disasters and growth: evidence using a wide panel of countries," DOCUMENTOS CEDE 003927, UNIVERSIDAD DE LOS ANDES-CEDE.
- Horwich, George, 2000. "Economic Lessons of the Kobe Earthquake," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 521-42, April.
When requesting a correction, please mention this item's handle: RePEc:nan:wpaper:1001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Magdalene Lim)
If references are entirely missing, you can add them using this form.