Long-run effects of floods at municipality level in Spain
Guillermo Peña  1@  , Marcos Sanso-Navarro  1@  
1 : Universidad de Zaragoza

This paper deals with the persistence of the effects of natural disasters on population, concretely at the municipal level. With this aim, we analyze information about the population of all Spanish municipalities and flood events from 1877 to 2011. Using recent developments in differences-in-differences estimation methods, we find a negative and significant impact of floods on population in the long term when there are casualties involved. Therefore, and in line with the results of other types of shocks, we provide evidence that shocks related to natural disasters have a demographic transitory effect.


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