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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INFORMATION
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2022/07/21
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Document de travail de recherche sur les politiques
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WPS10127
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1
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Western and Central Africa, Eastern and Southern Africa, Afrique,
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2022/07/21
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Disclosed
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Putting a Price on Safety — A Hedonic Price Approach to Flood Risk in African Cities