The impact of cyclones on local economic growth: Evidence from local projections

Costanza Naguib, Martino Pelli, David Poirier and Jeanne Tschopp

Economics Letters, 2022, vol. 220, issue C

Abstract: We shed new light on the short-term dynamic effects of cyclones on local economic growth in India. We proxy local GDP growth with night-time light intensity data and construct a cyclone index that varies across months and districts depending on wind speed exposures. Using local projections on highly granular data for the period 1993M1-2011M12, we find that yearly estimations hide large short-term differential impacts and that the negative impact of cyclones is the largest between 4 and 8 months after the event.

Keywords: Cyclone; Night light; India; Monthly measurements; Local projections (search for similar items in EconPapers)
JEL-codes: O44 Q54 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: The Impact of Cyclones on Local Economic Growth: Evidence from Local Projections (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:220:y:2022:i:c:s0165176522003457

DOI: 10.1016/j.econlet.2022.110871

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