Estimating the Direct Economic Damages of the Earthquake in Haiti

Dados Bibliográficos

ID9711642
AutoresEduardo A Cavallo (0000-0002-5966-2514, Inter-American Development Bank), Eduardo Cavallo (Inter-American Development Bank), Andrew Powell (0000-0002-3470-1038, Inter-American Development Bank), Oscar Becerra (0000-0002-0365-9869, Inter-American Development Bank)
Ano2010
Volume120
Fascículo546
PáginasF298-F312
Data de publicação2010-08-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic Journal (JOURNAL)
Identificadores do periódicoISSN: 0013-0133 • E-ISSN: 1468-0297
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2010.02378.x
OpenAlexW3123200641
IdiomaEN
Citações recebidas30
Referências citadas8

This article makes an initial assessment of the monetary damages caused by the 2010 earthquake in Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing, using Haiti's economic and demographic data. The base estimate is US$8.1bn, but for several reasons this may be a lower-bound estimate. While the results are subject to many caveats, including possibly high forecast error, the implications of such an estimate are significant. Raising such a figure will require many donors. Hence excellent coordination of funding and execution will be key to ensuring the efficient use of funds. Copyright © The Author(s). Journal compilation © Royal Economic Society 2010

Damages · Political science · Agricultural risk and resilience · Disaster Management and Resilience · Insurance and Financial Risk Management · Law