PlumX Metrics
Embed PlumX Metrics

The Impact of Tornadoes and Damaging Winds on County-Level Income Growth in the United States

International Journal of Disaster Risk Science, ISSN: 2192-6395, Vol: 15, Issue: 6, Page: 906-918
2024
  • 0
    Citations
  • 0
    Usage
  • 0
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Article Description

This study investigated the economic impact of tornadoes and damaging winds on county-level income growth in the United States from 1969 to 2023. Using a fixed effect regression methodology, the analysis showed that an average damaging storm and an average tornado reduced income growth in the affected counties by 0.16–0.23% and 0.21–0.23%, respectively, translating into a one-time growth loss of approximately USD 5.6 million and USD 6.3 million. The findings also indicate that tornadoes have a 20% greater economic impact than damaging winds. This study underscored the unique challenges posed by tornadoes and damaging winds, which are characterized by their unpredictable nature and concentrated but extreme damage.

Provide Feedback

Have ideas for a new metric? Would you like to see something else here?Let us know