NATURAL DISASTERS AND INDIVIDUAL ECONOMIC PERFORMANCE: A CASE STUDY FROM THE SLAVE LAKE WILDFIRE
Philippe Kabore et al.
What the paper says
In May 2011, the municipality of Slave Lake, Alberta, was hit by a devastating wildfire; the second costliest natural disaster in Canada at the time. Residents of Slave Lake were forced to evacuate for at least a month. This case study uses longitudinal income tax data from 2004 to 2018 to estimate the short, medium, and long-term individual economic effects of this wildfire. Estimates suggest an average drop in total income of 10.5% relative to a counter-factual scenario with no wildfire over the 7 years following the wildfire, mainly driven by a decrease in employment income. The percentage of total income lost is similar for males and females. The largest effects are found for workers in the agriculture and forestry sectors. Back-of-the- envelope calculations suggest an aggregate loss in employment income of $150 million in the 7 years following the disaster, equivalent to over 13% of direct economic losses due to property damage, firefighting, and contemporaneous business closure.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.