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Jue Insight: Floods & Urban Density

Magontier, Pierre; Martinez-Mazza, Rodrigo; (2024) Jue Insight: Floods & Urban Density. SSRN: Amsterdam, Netherlands. Green open access

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Abstract

This paper examines the effects of floods on urban development dynamics using geolocalized data on the universe of buildings in Spain from 1996 to 2021. We provide empirical evidence that floods foster local urban development and yield taller, more compact urban layouts, attracting populations, increasing property values, and shifting land use away from the agricultural and industrial sectors. We argue that adaptive responses to natural disasters may trigger positive local spillovers strong enough to overcompensate for the flood's destructive nature.

Type: Working / discussion paper
Title: Jue Insight: Floods & Urban Density
Open access status: An open access version is available from UCL Discovery
Publisher version: https://dx.doi.org/10.2139/ssrn.4939512
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Floods, land use, Urban Density, Adaptation, cities
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery.ucl.ac.uk/id/eprint/10201657
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