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  • The impact of typhoons on economic activity in the Philippines: Evidence from nightlight intensity
    https://www.preventionweb.net/go/67008

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The impact of typhoons on economic activity in the Philippines: Evidence from nightlight intensity

Source(s):  Asian Development Bank (ADB)

This report quantifies the economic impact of typhoons in the Philippines. To this end, the authors construct a panel data set of local economic activity derived from nightlight intensity satellite images and a cell level measure of typhoon damage constructed from storm track data, a wind field model, and a stylized damage function. The econometric results reveal that there is a statistically and potentially economically significant, albeit short-lived, impact of typhoon destruction on local economic activity. Constructing risk profiles from a 60-year historical set of storms suggests that (near) future losses in economic activity for frequent (5-year return period) and rare (50-year return period) events are likely to range from between 1.0% and 2.5%.



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  • The impact of typhoons on economic activity in the Philippines: Evidence from nightlight intensity
  • Publication date 2019
  • Author(s) Strobl, Eric
  • Number of pages 21 p.
  • ISBN/ISSN 2313-6545 (eISSN)

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