IDEAS home Printed from https://ideas.repec.org/a/oup/wbrobs/v27y2012i1p74-105.html
   My bibliography  Save this article

Density and Disasters: Economics of Urban Hazard Risk

Author

Listed:
  • Somik V. Lall
  • Uwe Deichmann

Abstract

Today, 370 million people live in cities in earthquake prone areas and 310 million in cities with a high probability of tropical cyclones. By 2050 these numbers are likely to more than double, leading to a greater concentration of hazard risk in many of the world's cities. The authors discuss what sets hazard risk in urban areas apart, summarize estimates of valuation of hazard risk, and discuss implications for individual mitigation and public policy. The main conclusions are that urban agglomeration economies change the cost–benefit calculation of hazard mitigation; that good hazard management is first and foremost good general urban management; and that the public sector must perform better in promoting market-based risk reduction by generating and disseminating credible information on hazard risk in cities. Copyright 2012, Oxford University Press.

Suggested Citation

  • Somik V. Lall & Uwe Deichmann, 2012. "Density and Disasters: Economics of Urban Hazard Risk," The World Bank Research Observer, World Bank, vol. 27(1), pages 74-105, February.
    • Handle: RePEc:oup:wbrobs:v:27:y:2012:i:1:p:74-105
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/wbro/lkr006
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:wbk:wbpubs:15790 is not listed on IDEAS
    2. Heidi Tuhkanen & Michael Boyland & Guoyi Han & Anjalee Patel & Karlee Johnson & Arno Rosemarin & Ladylyn Lim Mangada, 2018. "A Typology Framework for Trade-Offs in Development and Disaster Risk Reduction: A Case Study of Typhoon Haiyan Recovery in Tacloban, Philippines," Sustainability, MDPI, vol. 10(6), pages 1-19, June.
    3. Stéphane Hallegatte, 2012. "An exploration of the link between development, economic growth, and natural risk," Post-Print hal-00802047, HAL.
    4. Fatima Shah & Federica Ranghieri, 2012. "A Workbook on Planning for Urban Resilience in the Face of Disasters : Adapting Experiences from Vietnam’s Cities to Other Cities," World Bank Publications - Reports 2235, The World Bank Group.
    5. Mook Bangalore & Andrew Smith & Ted Veldkamp, 2019. "Exposure to Floods, Climate Change, and Poverty in Vietnam," Economics of Disasters and Climate Change, Springer, vol. 3(1), pages 79-99, April.
    6. Marcos Vinício Wink Junior & Lucas G. Santos & Felipe Garcia Ribeiro & Carolina S. Trindade, 2024. "Natural disasters and poverty: evidence from a flash flood in Brazil," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(9), pages 23795-23816, September.
    7. Bangalore, Mook & Smith, Andrew & Veldkamp, Ted, 2018. "Exposure to floods, climate change, and poverty in Vietnam," LSE Research Online Documents on Economics 100215, London School of Economics and Political Science, LSE Library.
    8. Daniel Felsenstein & Michal Lichter, 2014. "Social and economic vulnerability of coastal communities to sea-level rise and extreme flooding," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 71(1), pages 463-491, March.
    9. Kousky, Carolyn, 2012. "Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options," RFF Working Paper Series dp-12-28, Resources for the Future.
    10. Hallegatte,Stephane & Bangalore,Mook & Jouanjean,Marie Agnes, 2016. "Higher losses and slower development in the absence of disaster risk management investments," Policy Research Working Paper Series 7632, The World Bank.
    11. Fatima Shah & Federica Ranghieri, . "A Workbook on Planning for Urban Resilience in the Face of Disasters : Adapting Experiences from Vietnam’s Cities to Other Cities," World Bank Publications - Books, The World Bank Group, number 2235, October.
    12. Elias Garcia-Urquia, 2016. "Establishing rainfall frequency contour lines as thresholds for rainfall-induced landslides in Tegucigalpa, Honduras, 1980–2005," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 82(3), pages 2107-2132, July.
    13. Guerrero Compeán, Roberto & Zegarra Méndez, Eduardo & Lacambra Ayuso, Sergio, 2024. "Estimating the Economic Impact of Governance in Disaster Risk Management: Theory and Evidence from Latin America and the Caribbean," IDB Publications (Working Papers) 13659, Inter-American Development Bank.
    14. Yaella Depietri & Lorenzo Guadagno & Margaretha Breil, 2013. "Urban Watershed Services For Improved Ecosystem Management and Risk Reduction, Assessment Methods and Policy Instruments: State of the Art," Working Papers 2013.101, Fondazione Eni Enrico Mattei.
    15. Aloysius Gunadi Brata & Yenny Patnasari, 2024. "Earthquakes and Housing Rental Prices in Urban Indonesia: A Hedonic Price Analysis," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 27(2), pages 229-240, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:wbrobs:v:27:y:2012:i:1:p:74-105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.