nep-hap New Economics Papers
on Economics of Happiness
Issue of 2013‒11‒14
one paper chosen by
Viviana Di Giovinazzo
University of Milano-Bicocca

  1. Natural Disaster, Policy Action, and Mental Well-Being: The Case of Fukushima By Jan Goebel; Christian Krekel; Tim Tiefenbach; Nicolas R. Ziebarth

  1. By: Jan Goebel; Christian Krekel; Tim Tiefenbach; Nicolas R. Ziebarth
    Abstract: We study the impact of the Fukushima disaster on people’s mental well·being in another industrialized country, more than 5000 miles distant. The meltdown significantly increased environmental concerns by 20% among the German population. Subsequent drastic policy action permanently shut down the oldest nuclear reactors, implemented the phase·out of the remaining ones, and proclaimed the transition to renewables. This energy policy turnaround is largely supported by the population and equalized the increase in mental distress. We estimate that during the 3 months after the meltdown, Fukushima triggered external monetized health costs worth €250 per distressed citizen—particularly among risk averse women.
    Keywords: Fukushima, meltdown, nuclear phase·out, mental health, environmental worries, SOEP
    JEL: I18 I31 Z13 Q54
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:diw:diwsop:diw_sp599&r=hap

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