Floods and Spillovers: Households after the 2011 Great Flood in Thailand

52 Pages Posted: 23 Jul 2019

See all articles by Ilan Noy

Ilan Noy

Victoria University of Wellington

Cuong Nguyen

Victoria University of Wellington - School of Economics and Finance

Pooja Patel

Government of New Zealand - Treasury

Date Written: 2019

Abstract

In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the flood's economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use this self-identified flood exposure, and external exposure indicators from satellite images, to identify both directly affected households and those that were not directly flooded but their communities were (the spillovers). We measure the impact of the disaster on income, expenditure, assets, debt and savings levels, directly, and indirectly on spillover households. We also analyse the flood's impacts across different socio-economic groups.

Keywords: disaster, flood, Thailand, economic impact

JEL Classification: O120, Q540

Suggested Citation

Noy, Ilan and Nguyen, Cuong and Patel, Pooja, Floods and Spillovers: Households after the 2011 Great Flood in Thailand (2019). CESifo Working Paper No. 7644. Available at SSRN: https://ssrn.com/abstract=3422225

Ilan Noy (Contact Author)

Victoria University of Wellington ( email )

P.O. Box 600
Wellington, 6140
New Zealand

Cuong Nguyen

Victoria University of Wellington - School of Economics and Finance ( email )

PO Box 600
Wellington, 6140
New Zealand

Pooja Patel

Government of New Zealand - Treasury ( email )

1 The Terrace
P.O. Box 3724
Wellington, 6011
New Zealand

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