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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-04-03  |  Accepted: 2020-06-30  |  Published: 2020-09-30

Title

Long-term impact of natural disasters on Vietnamese income per capita: the case of typhoon Durian


Abstract

This study estimates the effect of natural disasters on Vietnamese income per capita in both short and long-term. The analysis also evaluates the effects by sources of income including income from salary; income from agriculture, fishery, forest; and income from industry, construction, trade, and services. Typhoon Durian happened in December 2006 in southern provinces of Vietnam is chosen for the comparative case study. The analysis applies the Synthetic control method (SCM) to construct a counterfactual with respect to two different control groups and conducts a permutation test for the estimated values. The results show that typhoon Durian decreased aggregate income per capita of the affected region and the effect was long lasting. The reduction of monthly income per capita was estimated to be 56,925 VND which accounts for 7.9% of the total income. The most affected source of income is from agriculture, forestry, and fishery.


Keywords

typhoon, income per capita, synthetic control method


JEL classifications

E40 , O11 , Q54


URI

http://jssidoi.org/jesi/article/641


DOI


Pages

590-603


Funding

This work belongs to the project in 2020 funded by Ho Chi Minh City University of Technology and Education, Vietnam

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Nguyen, Khac Hieu
Ho Chi Minh City University of Technology and Education, Ho Chi Minh City, Vietnam http://hcmute.edu.vn
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Pham, Thi Thu Tra
RMIT University, Ho Chi Minh City, Vietnam https://www.rmit.edu.vn
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

1


Issue date

September 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References