The Impacts of Flooding and Business Activity and Employment: A Spatial Perspective on Small Business

Quan Sun (), John Mann and Mark Skidmore
Additional contact information
Quan Sun: Independent Researcher
John Mann: Department of Agricultural, Food and Resource Economics, College of Agriculture & Natural Resources, Michigan State University, East Lansing, MI 48824, USA†Center for Economic Analysis, Michigan State University, East Lansing, MI 48824, USA

Water Economics and Policy (WEP), 2022, vol. 08, issue 03, 1-22

Abstract: Severe flooding events often cause significant damage to an area, including affecting the local economy, disrupting transportation, and damaging infrastructure. While raw statistics offer some understanding of crop and property-related damages, resulting from large-scale floods, we also need to consider the longer-term impacts and recovery within an area and the interaction between adjacent areas during the recovery process. In this paper, we examine the impacts of major and minor flood events on business employment and the number of establishments in different sectors of the economy. While we find that flood events had a negative short-run impact on agricultural services and particularly small establishments, estimations show positive impacts in the service sector. We also identify significant spatial spillovers.

Keywords: Flood; recovery; economic impact; spatial impact (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2382624X21400038
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wepxxx:v:08:y:2022:i:03:n:s2382624x21400038

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2382624X21400038

Access Statistics for this article

Water Economics and Policy (WEP) is currently edited by Ariel Dinar

More articles in Water Economics and Policy (WEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().