Private disaster expenditures by rural Bangladeshi households
Evidence from survey data
Bibliographic Data
| ID | 21792134 |
|---|---|
| Authors | Shaikh Eskander (0000-0002-3325-5486, International Institute for Environment and Development, corresponding author), Paul Steele (International Institute for Environment and Development) |
| Year | 2023 |
| Volume | 15 |
| Issue | 10 |
| Pages | 876-884 |
| Publication date | 2023-11-26 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Climate and Development (JOURNAL) |
| Journal identifiers | ISSN: 1756-5529 • E-ISSN: 1756-5537 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/17565529.2023.2173517 |
| OpenAlex | W4321351520 |
| Language | EN |
| References cited | 29 |
This paper investigates household’s private expenditures to cope with the harmful losses of climate change and disasters. Using household-level survey data from Bangladesh, this paper finds that disaster-affected rural Bangladeshi households allocate between $499 and $1076 in disaster-related expenditures. Such expenditures are always greater than their relevant precautionary savings, implying that those households may debt-finance their defensive measures. Households with greater precautionary savings spend more: a 100% increase in precautionary savings can increase disaster expenditures by 5%. Moreover, there are considerable regional heterogeneities in household’s disaster expenditures. Increased public sector allocations in addition to carefully designed affordable market-based financing instruments can potentially ease the pressure on disaster-affected households in their fight against the harms of climate change and disaster
Business · Climate change · Debt · Economic growth · Economics · Geography · Household debt · Natural disaster · Precautionary savings · Public economics · Survey data collection · Agricultural risk and resilience · Microfinance and Financial Inclusion · Poverty, Education, and Child Welfare · Finance
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| Highly cited | No |
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