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We use panel vector autoregression models to trace the dynamic response of output growth to flood shocks, using new data on large flood events in 135 countries between 1985 and 2008. Flood shocks tend to have a positive and significant average impact on per capita GDP growth. However, this...
Persistent link: https://www.econbiz.de/10010734825
Recent years have seen a sharp increase in the use of subjective well-being data in environmental economics. This article discusses the conceptual underpinnings of using such data as a tool for preference elicitation and non-market valuation. Given the connection of those data to the notion of...
Persistent link: https://www.econbiz.de/10010813768
Persistent link: https://www.econbiz.de/10010714066
Do people care more about the environment as their income increases? In this paper we use a measure of subjective well-being to directly analyze whether the impact of a number of environmental amenities on self-reported life satisfaction varies with income. We find little empirical support for...
Persistent link: https://www.econbiz.de/10011002712
Concerns for environmental quality and its impact on people's welfare are fundamental arguments for the adoption of environmental legislation in most countries. In this paper, we analyze the relationship between air quality and subjective well-being in Europe. We use a unique dataset that merges...
Persistent link: https://www.econbiz.de/10011043759
Natural amenities like green open space are a valuable resource to support quality of life and public health. However, limited studies have analyzed the relationship between such resources and specific indicators of public health. We investigate the relationship between natural green space and...
Persistent link: https://www.econbiz.de/10011125349
Paper temporarily withheld pending permission to post from data provider, effective Jan. 20, 2015.
Persistent link: https://www.econbiz.de/10011125350
Recent hydro-meteorological disasters have sparked popular interest in climate change and on its role in driving these events. This paper focuses on the information provided by hurricanes in shaping public perceptions towards human-induced climate change. Because CO2 emissions from combustion...
Persistent link: https://www.econbiz.de/10011125478
Persistent link: https://www.econbiz.de/10011068756
We use hedonic property models to estimate the spatial variation in flood risk perception in the city of Albany, GA. In addition to knowing whether a property lies in the floodplain, we have a unique dataset with actual inundation maps from tropical storm Alberto that hit Albany in 1994. In the...
Persistent link: https://www.econbiz.de/10011070096