Under the water: Flood impacts and economic dynamics in northern Peru

Crawford School of Public Policy | Arndt-Corden Department of Economics

Event details

PhD Seminar (Econ)

Date & time

Friday 26 April 2024


Weston Theatre JG Crawford Building and Online Zoom


Jose Cobian Alvarez

This seminar assesses the impact of severe flooding on household welfare in northern Peru, focusing on the 2017 coastal El Niño floods. Using a novel damage index constructed from remote sensing, weather, and night light datasets, we analyse 5-year data from the Panel Peruvian National Household Survey. The findings show a significant decline in income and expenditure among affected households from 2015 to 2019, leading to increased poverty, particularly in urban areas. Although some recovery is noted post-flood, households depend on donations for consumption. The study recommends developing formal risk-coping strategies such as insurance to enhance resilience against future disaster risks.

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