The impact of natural disasters on household income,expenditure, poverty and inequality: evidence from Vietnam |
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Authors: | Anh Tuan Bui Cuong Viet Nguyen Thu Phuong Pham |
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Institution: | 1. Department of Economics, Macquarie University, Sydney, Australia;2. National Economics University, Hanoi, Vietnam;3. Tasmanian School of Business and Economics, University of Tasmania, Hobart, 7001 Australia |
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Abstract: | Natural disasters are expected exacerbate poverty and inequality, but little evidence exists to support the impact at household level. This article examines the effect of natural disasters on household income, expenditure, poverty and inequality using the Vietnam Household Living Standard Survey in 2008. The effects of a natural disaster on household income and expenditure, corrected for fixed effects and potential endogeneity bias, are estimated at 6.9% and 7.1% declines in Vietnamese household per capita income and expenditure, respectively. Natural disasters demonstrably worsen expenditure poverty and inequality in Vietnam, and thus should be considered as a factor in designing poverty alleviation policies. |
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Keywords: | hazards disasters natural shocks poverty inequality Vietnam |
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