Short and long-term effects of the 1998 Bangladesh flood on rural wages
Natural disasters have particularly devastating impacts on economic growth in developing countries because they impede the accumulation of capital. The resilience of labor markets is crucial especially for the poor who rely only on labor to diversify their income portfolio and buffer against risk. S...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2010
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/154915 |
| _version_ | 1855517612583157760 |
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| author | Mueller, Valerie Quisumbing, Agnes R. |
| author_browse | Mueller, Valerie Quisumbing, Agnes R. |
| author_facet | Mueller, Valerie Quisumbing, Agnes R. |
| author_sort | Mueller, Valerie |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Natural disasters have particularly devastating impacts on economic growth in developing countries because they impede the accumulation of capital. The resilience of labor markets is crucial especially for the poor who rely only on labor to diversify their income portfolio and buffer against risk. Such a risk management strategy may become more challenging as global climate change increases the frequency of natural disasters. We use the Bangladesh Flood Impact panel household survey to evaluate how the 1998 “flood of the century” affected wages in Bangladesh. We find long-term declines in wages where nonagricultural labor markets are more severely affected. We also evaluate how soil quality and proximity to auxiliary labor markets cushion labor markets against the disaster. The most compelling evidence shows that workers in areas further from centers of economic activity are more vulnerable to flood-induced wage losses. Our findings suggest that future emergency relief and climate change programs should consider the protection of labor markets by improving infrastructure to facilitate job searches in alternative locations or reduce migration costs. |
| format | Artículo preliminar |
| id | CGSpace154915 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2010 |
| publishDateRange | 2010 |
| publishDateSort | 2010 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1549152025-11-06T05:28:13Z Short and long-term effects of the 1998 Bangladesh flood on rural wages Mueller, Valerie Quisumbing, Agnes R. disasters flooding remuneration economic growth risk management labour market migration climate change soil quality Natural disasters have particularly devastating impacts on economic growth in developing countries because they impede the accumulation of capital. The resilience of labor markets is crucial especially for the poor who rely only on labor to diversify their income portfolio and buffer against risk. Such a risk management strategy may become more challenging as global climate change increases the frequency of natural disasters. We use the Bangladesh Flood Impact panel household survey to evaluate how the 1998 “flood of the century” affected wages in Bangladesh. We find long-term declines in wages where nonagricultural labor markets are more severely affected. We also evaluate how soil quality and proximity to auxiliary labor markets cushion labor markets against the disaster. The most compelling evidence shows that workers in areas further from centers of economic activity are more vulnerable to flood-induced wage losses. Our findings suggest that future emergency relief and climate change programs should consider the protection of labor markets by improving infrastructure to facilitate job searches in alternative locations or reduce migration costs. 2010 2024-10-01T14:04:46Z 2024-10-01T14:04:46Z Working Paper https://hdl.handle.net/10568/154915 en Open Access application/pdf International Food Policy Research Institute Mueller, Valerie; Quisumbing, Agnes R. 2010. Short and long-term effects of the 1998 Bangladesh flood on rural wages. IFPRI Discussion Paper 956. https://hdl.handle.net/10568/154915 |
| spellingShingle | disasters flooding remuneration economic growth risk management labour market migration climate change soil quality Mueller, Valerie Quisumbing, Agnes R. Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title | Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title_full | Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title_fullStr | Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title_full_unstemmed | Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title_short | Short and long-term effects of the 1998 Bangladesh flood on rural wages |
| title_sort | short and long term effects of the 1998 bangladesh flood on rural wages |
| topic | disasters flooding remuneration economic growth risk management labour market migration climate change soil quality |
| url | https://hdl.handle.net/10568/154915 |
| work_keys_str_mv | AT muellervalerie shortandlongtermeffectsofthe1998bangladeshfloodonruralwages AT quisumbingagnesr shortandlongtermeffectsofthe1998bangladeshfloodonruralwages |