Putting a Price on Safety — A Hedonic Price Approach to Flood Risk in African Cities (English)

This paper uses a hedonic property price function to estimate the relationship between flood risk and rents in four Sub-Saharan Africa cities: Accra, Antananarivo, Dar es Salaam, and Addis Ababa. The analysis relies on household survey data collected after flood events in the cities. Flood risk is measured with self-reported data on past flood exposure and perception of future risk of flooding of households. The study finds that flood risk is associated...

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Author

Erman,Alvina Elisabeth;

Dallmann,Ingrid;
Document Date
2022/07/21
Document Type
Policy Research Working Paper
Report Number
WPS10127
Volume No
1
Country
Tanzania, Ghana, Madagascar, Ethiopia, Africa,
Region
Western and Central Africa, Eastern and Southern Africa, Africa,
Disclosure Date
2022/07/21
Disclosure Status
Disclosed
Doc Name
Putting a Price on Safety — A Hedonic Price Approach to Flood Risk in African Cities

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Citation

Erman,Alvina Elisabeth; Dallmann,Ingrid.

Putting a Price on Safety — A Hedonic Price Approach to Flood Risk in African Cities (English). Policy Research working paper ; no. WPS 10127 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099947307212239604

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Putting a Price on Safety — A Hedonic Price Approach to Flood Risk in African Cities (English)

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