Fatica, Serena; Kátay, Gábor; Rancan, Michela - 2022
Combining a rich database on natural hazards, granular flood risk maps and detailed information on firm geolocalisation …, we study the dynamic impacts of floods on European manufacturing firms during the period 2007-2018. We find that water … damages significantly and persistently worsen firm performance, and may endanger their survival. An average flood deteriorates …