Estimating the Economic Impact of Natural and Social Disasters, with an Application to Hurricane Katrina
| Autor: | Robert A. Baade, Victor Matheson, Robert Baumann |
|---|---|
| Rok vydání: | 2007 |
| Předmět: |
Gerontology
History 05 social sciences 0211 other engineering and technologies 021107 urban & regional planning Storm 02 engineering and technology Environmental Science (miscellaneous) Miami Metropolitan area Natural (archaeology) Taxable income Urban Studies Economy Hurricane katrina 0502 economics and business Economic impact analysis 050207 economics Natural disaster |
| Zdroj: | Urban Studies. 44:2061-2076 |
| ISSN: | 1360-063X 0042-0980 |
| Popis: | This paper examines taxable sales in the Los Angeles and Miami metropolitan areas to find evidence of the short- and long-run effects of the Rodney King riots and Hurricane Andrew on their respective economies. The comparison of these two events shows that the King riots had a long-term negative effect on Los Angeles' economy while Hurricane Andrew had a short-term positive effect on the Miami economy. The paper also applies the contrasting experiences of Los Angeles and Miami to New Orleans following Hurricane Katrina. In some ways, Katrina is a hybrid of these two events since it combines elements of both a natural disaster and a social disaster. The paper examines how Katrina is similar to each of the previous incidents and how these similarities might affect the recovery of New Orleans following the storm. |
| Databáze: | OpenAIRE |
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