Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/235226 
Year of Publication: 
2020
Series/Report no.: 
Hannover Economic Papers (HEP) No. 678
Publisher: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
Abstract: 
This paper investigates how witnessing adverse weather events affects individuals' perceptions and consequently their personal well-being. To identify potential exposure to a weather shock, we link satellite-based data on flooding to an extensive household panel survey from rural Southeast Asia. We find that mere proximity to a potentially adverse shock, even without reporting any actual experience of the shock, can be sufficient to reduce individual well-being levels. This effect is not only restricted to the present but can also impinge on expected future well-being dynamics. Such a persistent distortionary effect from witnessing a weather shock may also have politico-economic repercussions by, for instance, altering support for redistributive policies.
Subjects: 
Environmental shocks
Perception
Subjective well-being
GIS data
MODIS flood mapping
JEL: 
I31
Q51
R23
Document Type: 
Working Paper

Files in This Item:
File
Size
1.21 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.