Natural disasters and economic inequality: Insights from wildfires across the globe

Jayash Paudel

No wp-2023-24, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across the globe. This paper employs satellite data on real-time active fire locations to evaluate the short-term impact of forest fires on economic inequality around the world. Using quasi-random spatial and temporal variation in both the incidence and intensity of fire events, the study employs year and country fixed effects to show that wildfires exacerbate economic inequality among rural areas.

Keywords: Natural disasters; Gini coefficient; Inequality; Income (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2023-24

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