Federica Cappelli|Valeria Costantini|Davide Consoli
The trap of climate change-induced “natural” disasters and inequality
Roma Tre University|Roma Tre University|Universitat Politècnica de València|Instituto de Gestión de la Innovación y del Conocimiento
purpose present paper disentangle mechanisms connect climate changeinduced disasters inequality vulnerability accounting directions causality means simultaneous equations approach panel 149 countries 1992 2018 empirical analysis reveals countries higher levels income inequality suffer greater damages hit natural disaster time inequality found increase number people affected disasters analysis discloses existence vicious cycle keeps countries stuck disastersinequality trap