Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014
© 2018 Economic Society of Australia Using state-level annual variation in natural disasters and economic output in Australia, we estimate the direct effects of floods and bushfires on sectoral gross value added during the period 1978–2014. We find that floods exert an adverse and persistent effe...
| Main Authors: | , , , , |
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| Format: | Journal Article |
| Language: | English |
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WILEY
2018
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| Online Access: | https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-4932.12446 http://hdl.handle.net/20.500.11937/80688 |
| _version_ | 1848764249573163008 |
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| author | Ulubaşoğlu, Mehmet Ali Rahman, Muhammad Habibur Önder, Yasin Kürşat Chen, Yiqun Rajabifard, Abbas |
| author_facet | Ulubaşoğlu, Mehmet Ali Rahman, Muhammad Habibur Önder, Yasin Kürşat Chen, Yiqun Rajabifard, Abbas |
| author_sort | Ulubaşoğlu, Mehmet Ali |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | © 2018 Economic Society of Australia
Using state-level annual variation in natural disasters and economic output in Australia, we estimate the direct effects of floods and bushfires on sectoral gross value added during the period 1978–2014. We find that floods exert an adverse and persistent effect on the outputs of agriculture, mining, construction and financial services sectors. For example, our estimates indicate that a state that experienced a flood in a given year encountered, on average, 5–6 per cent lower agricultural output in both that year and the following year, compared to another state with no such flood experience. Sectoral responses to bushfires are more nuanced. |
| first_indexed | 2025-11-14T11:16:21Z |
| format | Journal Article |
| id | curtin-20.500.11937-80688 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:16:21Z |
| publishDate | 2018 |
| publisher | WILEY |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-806882021-01-15T04:11:09Z Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 Ulubaşoğlu, Mehmet Ali Rahman, Muhammad Habibur Önder, Yasin Kürşat Chen, Yiqun Rajabifard, Abbas Social Sciences Economics Business & Economics NATURAL DISASTERS © 2018 Economic Society of Australia Using state-level annual variation in natural disasters and economic output in Australia, we estimate the direct effects of floods and bushfires on sectoral gross value added during the period 1978–2014. We find that floods exert an adverse and persistent effect on the outputs of agriculture, mining, construction and financial services sectors. For example, our estimates indicate that a state that experienced a flood in a given year encountered, on average, 5–6 per cent lower agricultural output in both that year and the following year, compared to another state with no such flood experience. Sectoral responses to bushfires are more nuanced. 2018 Journal Article http://hdl.handle.net/20.500.11937/80688 10.1111/1475-4932.12446 English https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-4932.12446 WILEY restricted |
| spellingShingle | Social Sciences Economics Business & Economics NATURAL DISASTERS Ulubaşoğlu, Mehmet Ali Rahman, Muhammad Habibur Önder, Yasin Kürşat Chen, Yiqun Rajabifard, Abbas Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title | Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title_full | Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title_fullStr | Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title_full_unstemmed | Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title_short | Floods, Bushfires and Sectoral Economic Output in Australia, 1978–2014 |
| title_sort | floods, bushfires and sectoral economic output in australia, 1978–2014 |
| topic | Social Sciences Economics Business & Economics NATURAL DISASTERS |
| url | https://onlinelibrary.wiley.com/doi/abs/10.1111/1475-4932.12446 http://hdl.handle.net/20.500.11937/80688 |