Well-being Effects of Extreme Weather Events in the US
Mona Ahmadiani () and
No 236259, 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association
This paper estimates the effect of extreme weather and climate events on the subjective wellbeing of US residents. We match forty two billion-dollar disaster events with individual survey data between 2005 and 2010. We find that being affected by a disaster has a negative and robust impact on life satisfaction that disappears 6 to 8 months after the event. In our sample severe storms are the main culprit in the reduction of life satisfaction; droughts also have a negative impact on life satisfaction and exhibit a more persistent effect.
Keywords: Environmental Economics and Policy; Health Economics and Policy; Public Economics (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env and nep-hap
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea16:236259
Access Statistics for this paper
More papers in 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().