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Large Fire Disaster and the Regional Economy: The 2007 Case of the Peloponnese

Author

Listed:
  • Fotini Economou

    (Centre for Planning and Economic Research (KEPE), Greece)

  • Prodromos Prodromidis

    (Centre for Planning and Economic Research (KEPE), Greece)

  • Georgia Skintzi

    (Centre for Planning and Economic Research (KEPE), Greece)

Abstract

The article explores the evolution of annual personal incomes in the Peloponnese, in southern Greece, at the disaggregated (local community) level from 2001 to 2010, i.e., before and after the 2007 fires, in order to better understand the medium-term economic effects of these fires in the burned and other areas of the region outside the fire path. The paper considers a number of econometric approaches and ends up engaging in a series of cross-sectional regressions of income-filer figures and average incomes to study the situation year after year. Findings indicate that, by and large, no inordinate drop or rise in average income figures or income-filer numbers is detected in the aftermath of the fires, especially in the communities damaged by them.

Suggested Citation

  • Fotini Economou & Prodromos Prodromidis & Georgia Skintzi, 2019. "Large Fire Disaster and the Regional Economy: The 2007 Case of the Peloponnese," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 17(1), pages 7-31.
    • Handle: RePEc:seb:journl:v:17:y:2019:i:1:p:7-31
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    File URL: http://www.asecu.gr/old_files/Seeje/issue32/issue32-economou-prodromidis-skintzi.pdf
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    References listed on IDEAS

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    Cited by:

    1. Benjamin A. Jones & Shana McDermott, 2021. "The Local Labor Market Impacts of US Megafires," Sustainability, MDPI, vol. 13(16), pages 1-15, August.

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    More about this item

    Keywords

    Employment; Income; Large Wildfires; Economic Impact; Greece;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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