An environmental event that damages housing and the built environment may result in either a short- or long-term out-migration response, depending on residents’ recovery decisions and hazard tolerance. If residents move only in the immediate disaster aftermath, then out-migration will be elevated only in the short-term. However, if disasters increase residents’ concerns about future risk, heighten vulnerability, or harm the local economy, then out-migration may be elevated for years after an event. The substantive aim of this research brief is to evaluate hypotheses about short- and long-term out-migration responses to the highly destructive 2005 hurricane season in the Gulf of Mexico. The methodological aim is to demonstrate a difference-in-differences (DID) approach analysing time series data from Gulf Coast counties to compare short- and long-differences in out-migration probabilities in the treatment and control counties. We find a large short-term out-migration response and a smaller sustained increase for the disaster-affected coastal counties.
“On September 28th, Hurricane Ian made landfall in Southwest Florida. After devastating Puerto Rico and Cuba, the Category 4 storm lashed Florida’s Gulf Coast with 150 mile per hour winds and a 7-foot storm surge, …
Homeowners in whiter and wealthier communities are likely to see their home values rebound more quickly.
Previous research has shown a substantial increase in income inequality between rural and urban China as well as across and within regions in China during its growth process. Focusing on rural China, this column provides further evidence that the formal and informal mechanisms that previously protected households against unanticipated income changes weakened considerably from the late 1980s to the late 2000s, especially those that help to insure against village-level aggregate income risk.