The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies

This report uses new measures of extreme weather and methodologies to gauge their welfare effects. A myriad of methodological issues and data constraints plague empirical work on the effects of extreme weather events on human welfare. The shocks th...

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Main Author: World Bank
Format: Other Environmental Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/01/16336066/welfare-effects-extreme-weather-events-insights-three-apec-case-studies
http://hdl.handle.net/10986/13039
id okr-10986-13039
recordtype oai_dc
spelling okr-10986-130392021-04-23T14:03:02Z The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies World Bank Weather extremes Welfare loss Innovative tools Estimation strategy Natural disasters Households Low rainfall Propensity score matching Community-based programs Health outcomes Consumption Rural areas child health disaster relief Droughts Floods Storms Monsoon rainfall Hurricane This report uses new measures of extreme weather and methodologies to gauge their welfare effects. A myriad of methodological issues and data constraints plague empirical work on the effects of extreme weather events on human welfare. The shocks themselves are often poorly measured and the lack of sufficiently long panel data or historical data on past events often forces a focus on effects in the short run. Economy wide effects of local shocks are typically only explored within the context of computable general equilibrium models which are very structural in nature. Proper evaluation of public interventions requires correction for the unobserved characteristics of the areas which receive the programs. The overall study was organized in four pillars: 1) fiscal options to address climate change; 2) technological options and role of trade and investment policies in fostering them; 3) capacity needs assessments; and 4) the human welfare effects of extreme weather events. To enable more in depth understanding of the methodologies used and the country specific insights emerging, the background papers underpinning each of the four pillars have been compiled in separate reports. This report provides an in-depth review of the empirical findings emanating from three country case studies examining the welfare effects of extreme weather. It concerns the occurrence of droughts in Indonesia, rainfall and temperature volatility in Mexico and droughts, floods and hurricanes in Vietnam. 2013-03-28T18:14:08Z 2013-03-28T18:14:08Z 2012-01 http://documents.worldbank.org/curated/en/2012/01/16336066/welfare-effects-extreme-weather-events-insights-three-apec-case-studies http://hdl.handle.net/10986/13039 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Environmental Study Economic & Sector Work East Asia and Pacific Indonesia Mexico Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic Weather extremes
Welfare loss
Innovative tools
Estimation strategy
Natural disasters
Households
Low rainfall
Propensity score matching
Community-based programs
Health outcomes
Consumption
Rural areas
child health
disaster relief
Droughts
Floods
Storms
Monsoon
rainfall
Hurricane
spellingShingle Weather extremes
Welfare loss
Innovative tools
Estimation strategy
Natural disasters
Households
Low rainfall
Propensity score matching
Community-based programs
Health outcomes
Consumption
Rural areas
child health
disaster relief
Droughts
Floods
Storms
Monsoon
rainfall
Hurricane
World Bank
The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
geographic_facet East Asia and Pacific
Indonesia
Mexico
Vietnam
description This report uses new measures of extreme weather and methodologies to gauge their welfare effects. A myriad of methodological issues and data constraints plague empirical work on the effects of extreme weather events on human welfare. The shocks themselves are often poorly measured and the lack of sufficiently long panel data or historical data on past events often forces a focus on effects in the short run. Economy wide effects of local shocks are typically only explored within the context of computable general equilibrium models which are very structural in nature. Proper evaluation of public interventions requires correction for the unobserved characteristics of the areas which receive the programs. The overall study was organized in four pillars: 1) fiscal options to address climate change; 2) technological options and role of trade and investment policies in fostering them; 3) capacity needs assessments; and 4) the human welfare effects of extreme weather events. To enable more in depth understanding of the methodologies used and the country specific insights emerging, the background papers underpinning each of the four pillars have been compiled in separate reports. This report provides an in-depth review of the empirical findings emanating from three country case studies examining the welfare effects of extreme weather. It concerns the occurrence of droughts in Indonesia, rainfall and temperature volatility in Mexico and droughts, floods and hurricanes in Vietnam.
format Economic & Sector Work :: Other Environmental Study
author World Bank
author_facet World Bank
author_sort World Bank
title The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
title_short The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
title_full The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
title_fullStr The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
title_full_unstemmed The Welfare Effects of Extreme Weather Events : Insights from Three APEC Case Studies
title_sort welfare effects of extreme weather events : insights from three apec case studies
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/01/16336066/welfare-effects-extreme-weather-events-insights-three-apec-case-studies
http://hdl.handle.net/10986/13039
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