TY - JOUR PY - 2021// TI - Human-made disasters and economic impact for a developing economy: evidence from Brazil JO - Natural hazards A1 - Niquito, Thais Waideman A1 - Pozzobon, Fernando A1 - Halmenschlager, Vinícius A1 - Ribeiro, Felipe Garcia SP - 2313 EP - 2341 VL - 109 IS - 3 N2 - This article analyzes the short-term economic impacts of the collapse of the 'Fundão' mining tailings dam, located in the Brazilian state of Minas Gerais. This event is known as the 'Mariana Tragedy.' It affected several municipalities in the states of Minas Gerais and Espírito Santo and can be classified as a human-made disaster. We investigate the effects on production, examining the sectors of economic activity (agriculture, industry, and services). The research design consisted of the estimation of spatial-difference-in-differences models. The results showed a negative direct effect on the total GDP ( − 6.81%), on the gross value added of agriculture ( − 12.12%), and industry ( − 15.57%). Regarding indirect effects, the positive impact on the total GDP (+ 2.69%) was a robust effect observed. No effects of the disaster were found on the service sector. The research findings contribute to the discussion on how human-made disasters affect developing economies and may provide support to build public policies for disaster prevention, mitigation, and remediation.

Language: en

LA - en SN - 0921-030X UR - http://dx.doi.org/10.1007/s11069-021-04921-4 ID - ref1 ER -