Earthquake Hazard and Civic Capital

Paolo Buonanno, Giacomo Plevani () and Marcello Puca
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Giacomo Plevani: Università di Torino and Collegio Carlo Alberto.

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: We examine the empirical relationship between the exposure to earthquake hazard and civic capital in Italian municipalities. Drawing on the Italian National Institute of Geophysics and Volcanology, we find that earthquake hazard increases civic capital. We decompose the effect of earthquake hazard variation along four dimensions – frequency, space, magnitude, and timing – and observe that the effect is mostly explained by high-magnitude seismic events in the past. Our results are in line with the intuition that cooperative social norms build over a very long time span.

Keywords: Civic Capital; Cooperation; Social Norms; Earthquakes. (search for similar items in EconPapers)
JEL-codes: A12 D91 Q54 Z1 (search for similar items in EconPapers)
Date: 2021-05-12
New Economics Papers: this item is included in nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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http://www.csef.it/WP/wp612.pdf (application/pdf)

Related works:
Journal Article: Earthquake hazard and civic capital (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:sef:csefwp:612

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