Natural Disasters, Self-Insurance and Human Capital Investment : Evidence from Bangladesh, Ethiopia and Malawi
This paper examines the impacts of disasters on dynamic human capital production using panel data from Bangladesh, Ethiopia, and Malawi. The empirical results show that the accumulation of biological human capital prior to disasters helps children...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090424143700 http://hdl.handle.net/10986/4104 |
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okr-10986-41042021-04-23T14:02:15Z Natural Disasters, Self-Insurance and Human Capital Investment : Evidence from Bangladesh, Ethiopia and Malawi Yamauchi, Futoshi Yohannes, Yisehac Quisumbing, Agnes ADVERSE EFFECT ADVERSE EFFECTS ADVERSE IMPACTS ASSETS BENCHMARK BORROWING CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL STOCK CHILD CARE CHILD DEVELOPMENT COLLATERAL CREDIT MARKET DAMAGES DECISION MAKING DEVELOPMENT NETWORK DISASTER DISASTER EVENTS DISASTER RECOVERY DISASTER REDUCTION DISASTER RISK DISASTER RISK REDUCTION DROUGHT DROUGHTS EARLY CHILDHOOD EARTHQUAKES ECONOMIC DEVELOPMENT EXCLUSION EXERCISES EXPECTED RETURNS EXPENDITURE FAMILIES FLOOD FLOODS FOOD AID FOOD SECURITY GDP GENDER GENDER INEQUALITY HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL ILLITERACY IMPACT OF DISASTER INCOME EFFECT INEQUALITY INSURANCE INTERNATIONAL BANK INTERVENTION LABOR MARKET LABOR MARKETS MARGINAL PRODUCTIVITY MARGINAL UTILITY MARGINAL VALUE MORBIDITY NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARDS NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PHYSICAL CAPITAL POSITIVE EFFECTS PRODUCTION FUNCTION PUBLIC ASSISTANCE RECESSIONS RECONSTRUCTION RELIEF SCHOOL FACILITIES SELF-EMPLOYMENT SIBLINGS SUBSTITUTION EFFECT TRANSPORTATION INFRASTRUCTURE UNION UTILITY FUNCTION VILLAGE VILLAGES This paper examines the impacts of disasters on dynamic human capital production using panel data from Bangladesh, Ethiopia, and Malawi. The empirical results show that the accumulation of biological human capital prior to disasters helps children maintain investments in the post-disaster period. Biological human capital formed in early childhood (long-term nutritional status) plays a role of insurance with resilience to disasters by protecting schooling investment and outcomes, although disasters have negative impacts on investment. In Bangladesh, children with more biological human capital are less affected by the adverse effects of floods, and the rate of investment increases with the initial human capital stock in the post-disaster recovery process. In Ethiopia and Malawi, where droughts are rather frequent, exposure to highly frequent droughts in some cases reduces schooling investment but the negative impacts are larger among children embodying less biological human capital. Asset holdings prior to the disasters, especially the household's stock of intellectual human capital, also helps maintain schooling investments at least to the same degree as the stock of human capital accumulated in children prior to the disasters. 2012-03-19T19:10:04Z 2012-03-19T19:10:04Z 2009-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090424143700 http://hdl.handle.net/10986/4104 English Policy Research working paper ; no. WPS 4910 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Africa Africa South Asia South Asia South Asia Asia Southern Africa Sub-Saharan Africa East Africa Malawi Ethiopia Bangladesh |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADVERSE EFFECT ADVERSE EFFECTS ADVERSE IMPACTS ASSETS BENCHMARK BORROWING CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL STOCK CHILD CARE CHILD DEVELOPMENT COLLATERAL CREDIT MARKET DAMAGES DECISION MAKING DEVELOPMENT NETWORK DISASTER DISASTER EVENTS DISASTER RECOVERY DISASTER REDUCTION DISASTER RISK DISASTER RISK REDUCTION DROUGHT DROUGHTS EARLY CHILDHOOD EARTHQUAKES ECONOMIC DEVELOPMENT EXCLUSION EXERCISES EXPECTED RETURNS EXPENDITURE FAMILIES FLOOD FLOODS FOOD AID FOOD SECURITY GDP GENDER GENDER INEQUALITY HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL ILLITERACY IMPACT OF DISASTER INCOME EFFECT INEQUALITY INSURANCE INTERNATIONAL BANK INTERVENTION LABOR MARKET LABOR MARKETS MARGINAL PRODUCTIVITY MARGINAL UTILITY MARGINAL VALUE MORBIDITY NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARDS NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PHYSICAL CAPITAL POSITIVE EFFECTS PRODUCTION FUNCTION PUBLIC ASSISTANCE RECESSIONS RECONSTRUCTION RELIEF SCHOOL FACILITIES SELF-EMPLOYMENT SIBLINGS SUBSTITUTION EFFECT TRANSPORTATION INFRASTRUCTURE UNION UTILITY FUNCTION VILLAGE VILLAGES |
| spellingShingle |
ADVERSE EFFECT ADVERSE EFFECTS ADVERSE IMPACTS ASSETS BENCHMARK BORROWING CAPITAL ACCUMULATION CAPITAL FORMATION CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL STOCK CHILD CARE CHILD DEVELOPMENT COLLATERAL CREDIT MARKET DAMAGES DECISION MAKING DEVELOPMENT NETWORK DISASTER DISASTER EVENTS DISASTER RECOVERY DISASTER REDUCTION DISASTER RISK DISASTER RISK REDUCTION DROUGHT DROUGHTS EARLY CHILDHOOD EARTHQUAKES ECONOMIC DEVELOPMENT EXCLUSION EXERCISES EXPECTED RETURNS EXPENDITURE FAMILIES FLOOD FLOODS FOOD AID FOOD SECURITY GDP GENDER GENDER INEQUALITY HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL ILLITERACY IMPACT OF DISASTER INCOME EFFECT INEQUALITY INSURANCE INTERNATIONAL BANK INTERVENTION LABOR MARKET LABOR MARKETS MARGINAL PRODUCTIVITY MARGINAL UTILITY MARGINAL VALUE MORBIDITY NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARDS NUTRITION NUTRITIONAL STATUS OPPORTUNITY COST PHYSICAL CAPITAL POSITIVE EFFECTS PRODUCTION FUNCTION PUBLIC ASSISTANCE RECESSIONS RECONSTRUCTION RELIEF SCHOOL FACILITIES SELF-EMPLOYMENT SIBLINGS SUBSTITUTION EFFECT TRANSPORTATION INFRASTRUCTURE UNION UTILITY FUNCTION VILLAGE VILLAGES Yamauchi, Futoshi Yohannes, Yisehac Quisumbing, Agnes Natural Disasters, Self-Insurance and Human Capital Investment : Evidence from Bangladesh, Ethiopia and Malawi |
| geographic_facet |
Africa Africa South Asia South Asia South Asia Asia Southern Africa Sub-Saharan Africa East Africa Malawi Ethiopia Bangladesh |
| relation |
Policy Research working paper ; no. WPS 4910 |
| description |
This paper examines the impacts of
disasters on dynamic human capital production using panel
data from Bangladesh, Ethiopia, and Malawi. The empirical
results show that the accumulation of biological human
capital prior to disasters helps children maintain
investments in the post-disaster period. Biological human
capital formed in early childhood (long-term nutritional
status) plays a role of insurance with resilience to
disasters by protecting schooling investment and outcomes,
although disasters have negative impacts on investment. In
Bangladesh, children with more biological human capital are
less affected by the adverse effects of floods, and the rate
of investment increases with the initial human capital stock
in the post-disaster recovery process. In Ethiopia and
Malawi, where droughts are rather frequent, exposure to
highly frequent droughts in some cases reduces schooling
investment but the negative impacts are larger among
children embodying less biological human capital. Asset
holdings prior to the disasters, especially the
household's stock of intellectual human capital, also
helps maintain schooling investments at least to the same
degree as the stock of human capital accumulated in children
prior to the disasters. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Yamauchi, Futoshi Yohannes, Yisehac Quisumbing, Agnes |
| author_facet |
Yamauchi, Futoshi Yohannes, Yisehac Quisumbing, Agnes |
| author_sort |
Yamauchi, Futoshi |
| title |
Natural Disasters, Self-Insurance and Human Capital Investment :
Evidence from Bangladesh, Ethiopia and Malawi |
| title_short |
Natural Disasters, Self-Insurance and Human Capital Investment :
Evidence from Bangladesh, Ethiopia and Malawi |
| title_full |
Natural Disasters, Self-Insurance and Human Capital Investment :
Evidence from Bangladesh, Ethiopia and Malawi |
| title_fullStr |
Natural Disasters, Self-Insurance and Human Capital Investment :
Evidence from Bangladesh, Ethiopia and Malawi |
| title_full_unstemmed |
Natural Disasters, Self-Insurance and Human Capital Investment :
Evidence from Bangladesh, Ethiopia and Malawi |
| title_sort |
natural disasters, self-insurance and human capital investment :
evidence from bangladesh, ethiopia and malawi |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090424143700 http://hdl.handle.net/10986/4104 |
| _version_ |
1764389936286400512 |