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What explains the disaster preparedness of micro-enterprises?: Examining socio-psychological characteristics and information provision

Author

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  • Hanna Berkel
  • Finn Tarp

Abstract

Worldwide, enterprises are hit by disasters such as cyclones and floods. Despite being impacted negatively, most enterprises do not prepare for future disasters. This study aims at understanding the determinants of enterprises' disaster preparedness. It first examines whether specific socio-psychological characteristics of entrepreneurs are associated with their enterprises' disaster preparedness. The second step includes an experiment providing enterprises with information about six specific and easy-to-implement measures of disaster preparedness.

Suggested Citation

  • Hanna Berkel & Finn Tarp, 2024. "What explains the disaster preparedness of micro-enterprises?: Examining socio-psychological characteristics and information provision," WIDER Working Paper Series wp-2024-2, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2024-2
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2024-2-what-explains-disaster-preparedness-micro-enterprises.pdf
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    Keywords

    Natural disasters; Firms; Informality; Information;
    All these keywords.

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