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The Short-Term Economic Impact of Tropical Cyclones: Satellite Evidence from Guangdong Province

Author

Listed:
  • Alejandro Valle

    (Georgia State University)

  • Robert J. R. Elliott

    (University of Birmingham)

  • Eric Strobl

    (University of Bern)

  • Meng Tong

    (University of Birmingham)

Abstract

This paper is the first to examine the short term local economic impact of tropical cyclones by estimating the effects on monthly nightlight intensity. More specifically, for Guangdong Province in Southern China, we proxy monthly economic activity with remote sensing derived monthly night time light intensity and combine this with local measures of wind speed derived from a tropical cyclone wind field model. Our regression analysis reveals that there is only a significant (negative) impact in the month of the typhoon strike and nothing thereafter. Understanding that typhoons are inherently a short-term phenomenon has possible implications for studies using more aggregate data.

Suggested Citation

  • Alejandro Valle & Robert J. R. Elliott & Eric Strobl & Meng Tong, 2018. "The Short-Term Economic Impact of Tropical Cyclones: Satellite Evidence from Guangdong Province," Economics of Disasters and Climate Change, Springer, vol. 2(3), pages 225-235, October.
    • Handle: RePEc:spr:ediscc:v:2:y:2018:i:3:d:10.1007_s41885-018-0028-3
    DOI: 10.1007/s41885-018-0028-3
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    References listed on IDEAS

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    Cited by:

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    3. Etienne Espagne & Y. B. Ha & Kenneth Houngbedji & Thanh Ngo-Duc, 2022. "Effect of typhoons on economic activities in Vietnam: Evidence using satellite imagery," Post-Print hal-03960254, HAL.
    4. Sally Owen & Ilan Noy & Jacob Pástor-Paz & David Fleming, 2019. "EQC and extreme weather events (part 2): Measuring the impact of insurance on New Zealand landslip, storm and flood recovery using nightlights," Working Papers 19_19, Motu Economic and Public Policy Research.
    5. Juan Jose Miranda & Oscar A. Ishizawa & Hongrui Zhang, 2020. "Understanding the Impact Dynamics of Windstorms on Short-Term Economic Activity from Night Lights in Central America," Economics of Disasters and Climate Change, Springer, vol. 4(3), pages 657-698, October.
    6. Owen Sally & Noy Ilan & Pástor-Paz Jacob & Fleming David, 2021. "Measuring the Impact of Insurance on Recovery after Extreme Weather Events Using Nightlights," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 15(2), pages 169-199, July.
    7. Vinzenz Peters & Jingtian Wang & Mark Sanders, 2023. "Resilience to extreme weather events and local financial structure of prefecture-level cities in China," Climatic Change, Springer, vol. 176(9), pages 1-21, September.
    8. Fujin Zhou & Wouter Botzen, 2021. "Firm Level Evidence of Disaster Impacts on Growth in Vietnam," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(2), pages 277-322, June.
    9. Cuong Nguyen & Ilan Noy, 2018. "Measuring the Impact of Insurance on Urban Recovery with Light: The 2010-2011 New Zealand Earthquakes," CESifo Working Paper Series 7031, CESifo.

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