Impact Estimation of Disasters : A Global Aggregate for 1960 to 2007

Okuyama, Yasuhide; Sahin, Sebnem

dc.creator	Okuyama, Yasuhide
dc.creator	Sahin, Sebnem
dc.date	2012-03-19T19:10:56Z
dc.date	2012-03-19T19:10:56Z
dc.date	2009-06-01
dc.date.accessioned	2023-02-17T21:10:15Z
dc.date.available	2023-02-17T21:10:15Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090617085508
dc.identifier	http://hdl.handle.net/10986/4157
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/245194
dc.description	This paper aims to estimate the global aggregate of disaster impacts during 1960 to 2007 using Social Accounting Matrix (SAM) methodology. The authors selected 184 major disasters in terms of the size of economic damages, based on the data available from the International Emergency Disasters and MunichRe (NatCat) databases for natural catastrophes. They estimate the losses and total impacts including the higher-order effects of these disasters using social accounting matrices constructed for this study. Although the aggregate damages based on the data amount to US$742 billion, the aggregate losses and total impacts are estimated at US$360 billion and US$678 billion, respectively. The results show a growing trend of economic impacts over time in absolute value. However, once the data and estimates are normalized using global gross domestic product, the historical trend of total impacts becomes statistically insignificant. The visual observation confirms the inverted U curve distribution between total impact and income level, while statistical analyses indicate negative linear relationships between them for climatological, geophysical, and especially hydrological events.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 4963
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ADVERSE IMPACT
dc.subject	AGRICULTURE
dc.subject	CASUALTIES
dc.subject	CATASTROPHIC CONSEQUENCES
dc.subject	CATASTROPHIC EVENT
dc.subject	CENTRE FOR RESEARCH ON THE EPIDEMIOLOGY
dc.subject	CLIMATE CHANGE
dc.subject	COMPARATIVE ANALYSIS
dc.subject	CRED
dc.subject	DAMAGES
dc.subject	DAT DATABASE
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT NETWORK
dc.subject	DISASTER
dc.subject	DISASTER COMMUNITY
dc.subject	DISASTER MANAGEMENT
dc.subject	DISASTER MANAGEMENT FACILITY
dc.subject	DISASTER REDUCTION
dc.subject	DISASTER RISK
dc.subject	DISASTER RISK REDUCTION
dc.subject	DISASTER TYPE
dc.subject	DISASTER TYPES
dc.subject	DISASTERS
dc.subject	DOCUMENTS
dc.subject	DROUGHT
dc.subject	DROUGHTS
dc.subject	EARTHQUAKE
dc.subject	EARTHQUAKES
dc.subject	ECONOMIC IMPACT
dc.subject	ECONOMIC INEQUALITY
dc.subject	ECONOMIC RESEARCH
dc.subject	ECONOMIC STRUCTURE
dc.subject	ECONOMIC STRUCTURES
dc.subject	ELASTICITY
dc.subject	FISCAL POLICY
dc.subject	FLOOD
dc.subject	FLOODS
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	HURRICANE
dc.subject	HURRICANES
dc.subject	IMPACT OF DISASTERS
dc.subject	INCOME
dc.subject	INCOME LEVELS
dc.subject	INSECT INFESTATIONS
dc.subject	INSURANCE
dc.subject	INTERNATIONAL STRATEGY FOR DISASTER REDUCTION
dc.subject	LANDSLIDES
dc.subject	MULTIPLIERS
dc.subject	NATIONAL INCOME
dc.subject	NATURAL CATASTROPHES
dc.subject	NATURAL DISASTER
dc.subject	NATURAL DISASTERS
dc.subject	NATURAL HAZARD
dc.subject	NATURAL HAZARDS
dc.subject	POLITICAL ECONOMY
dc.subject	RECONSTRUCTION
dc.subject	REGRESSION ANALYSIS
dc.subject	RELIEF
dc.subject	RELIEF EFFORTS
dc.subject	SOCIOECONOMIC IMPACTS
dc.subject	STATISTICAL ANALYSES
dc.subject	STATISTICAL ANALYSIS
dc.subject	STORM
dc.subject	STORMS
dc.subject	TSUNAMI
dc.subject	TYPE OF DISASTER
dc.subject	TYPE OF DISASTERS
dc.subject	VALUE ADDED
dc.subject	VOLCANIC ERUPTIONS
dc.subject	VOLCANO
dc.subject	WEALTH
dc.title	Impact Estimation of Disasters : A Global Aggregate for 1960 to 2007
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region