Table 8

Probability Natural Disaster Will Occur and Perceived Impact

Dependent Variable:Probability Flood Will OccurPerceived Flood Impact
1234
Flood (2008–2009)35.29
(8.44)***
33.78
(8.38)***
0.55
(0.16)***
0.54
(0.16)***
Flood (2006–2007)19.19
(6.86)***
19.07
(6.9)***
0.14
(0.27)
0.19
(0.25)
Flood (2004–2005)24.47
(8.62)***
23.28
(8.33)***
0.58
(0.31)*
0.6
(0.3)**
Flood (2002–2003)−3.41
(1.64)**
0.88
(2.71)
0.02
(0.26)
0.03
(0.29)
Mean flood (1980–2008)1.33
(3.4)
−0.04
(0.22)
Bad flood impact1.3
(0.22)***
1.3
(0.21)***
District fixed effectsYYYY
Control variablesNYNY
Probability Earthquake Will OccurPerceived Earthquake Impact
Earthquake (2008–2009)5.27
(5.0)
5.52
(5.06)
−0.1
(0.24)
−0.08
(0.24)
Earthquake (2006–2007)3.39
(6.12)
2.73
(5.93)
0.18
(0.21)
0.21
(0.21)
Earthquake (2004–2005)−1.26
(8.18)
−0.46
(7.33)
0.25
(0.31)
0.24
(0.31)
Mean earthquake (1980–2008)−0.6
(0.77)
−0.09
(0.14)
Bad earthquake impact1.29
(0.19)***
1.27
(0.18)***
District fixed effectsYYYY
Control variablesNYNY
Observations1,5031,5031,5031,503
  • Notes: We report results from OLS regressions where the dependent variable is the probability that a flood will occur in the next year in Columns 1–2 (mean is 14.9); and ordered probit regressions where the dependent variable is the perceived impact of the flood if it occurs in Columns 3–4 (mean is 1.0). All specifications are clustered at the village level and include district level fixed effects. Control variables include controls for ethnicity, gender, age, education, marriage, and rivers. ***indicates significance at 1 percent level, ** at 5 percent level, * at 10 percent level.