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
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
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.
Bibliographic Details
Springer Science and Business Media LLC
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