Investigating the Distributional Impacts of Hurricane Wind Damage on Housing Price and Housing Repair

Research Project

Project/Area Number	24K04862
Research Category	Grant-in-Aid for Scientific Research (C)
Allocation Type	Multi-year Fund
Section	一般
Review Section	Basic Section 07040:Economic policy-related
Research Institution	Kobe University
Principal Investigator	Wolf David 神戸大学, 経済学研究科, 准教授 (60878271)
Co-Investigator(Kenkyū-buntansha)	竹内憲司京都大学, 地球環境学堂, 教授 (40299962)
Project Period (FY)	2024-04-01 – 2027-03-31
Project Status	Granted (Fiscal Year 2024)
Budget Amount *help	¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000) Fiscal Year 2026: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000) Fiscal Year 2025: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000) Fiscal Year 2024: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords	Natural Disasters / Property Values / Hedonic Valuation / Image Detection / Environmental Justice
Outline of Research at the Start	Our goal is to explore how enhancements in building standards affect the likelihood of wind damage occurring during a hurricane. We also plan to investigate whether certain socio-demographic groups exhibit a higher susceptibility to wind damage and how this could contribute to economic inequalities.