The Impact of Tornadoes and Damaging Winds on County-Level Income Growth in the United States

被引：0
|
作者：
Huesler, Joel [1 ]
机构：
[1] Univ Bern, Dept Econ, CH-3012 Bern, Switzerland
来源：
INTERNATIONAL JOURNAL OF DISASTER RISK SCIENCE | 2024年 / 15卷 / 06期
关键词：
Damaging winds; Econometric analysis; Economic impact; Natural hazards; Tornadoes; United States of America; NATURAL DISASTERS; WARNINGS; LOSSES; POPULATION; CASUALTIES;
D O I：
10.1007/s13753-024-00605-2
中图分类号：
P [天文学、地球科学];
学科分类号：
07 ;
摘要：
This study investigated the economic impact of tornadoes and damaging winds on county-level income growth in the United States from 1969 to 2023. Using a fixed effect regression methodology, the analysis showed that an average damaging storm and an average tornado reduced income growth in the affected counties by 0.16-0.23% and 0.21-0.23%, respectively, translating into a one-time growth loss of approximately USD 5.6 million and USD 6.3 million. The findings also indicate that tornadoes have a 20% greater economic impact than damaging winds. This study underscored the unique challenges posed by tornadoes and damaging winds, which are characterized by their unpredictable nature and concentrated but extreme damage.
引用
收藏
页码：906 / 918
页数：13
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