Willingness to pay to avoid flooding in Cuttack, India
Flooding is a frequent natural disaster, which is predicted to intensify over time because of climate change. As more than half the world lives in urban spaces, flooding could devastate urban populations, especially if the infrastructure to cope with flooding is inadequate. We study flooding in Cuttack, Odisha, a typical Indian city subject to annual flooding. We present estimates from a lower and lower-middle income country of household willingness to pay (WTP) for improved urban drainage using a revealed preference method. We use a hedonic price model to estimate WTP across city zones with differential exposure to flooding. At 2014–15 prices, a typical flood (approximately 7 hours per day on average) reduces the annual rental value by INR1352 (US
Duke Scholars
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- 4406 Human geography
- 4404 Development studies
- 1604 Human Geography
- 1117 Public Health and Health Services
- 0502 Environmental Science and Management
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Published In
DOI
ISSN
Publication Date
Volume
Related Subject Headings
- 4406 Human geography
- 4404 Development studies
- 1604 Human Geography
- 1117 Public Health and Health Services
- 0502 Environmental Science and Management