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

Del Valle, A; Elliott, RJR; Strobl, E; Tong, M; (2018) The Short-Term Economic Impact of Tropical Cyclones: Satellite Evidence from Guangdong Province. Economics of Disasters and Climate Change , 2 pp. 225-235. 10.1007/s41885-018-0028-3. Green open access

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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.

Type: Article
Title: The Short-Term Economic Impact of Tropical Cyclones: Satellite Evidence from Guangdong Province
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/s41885-018-0028-3
Publisher version: https://doi.org/10.1007/s41885-018-0028-3
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/10092393
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