| Lagged PCEC |
0.412***
(0.0727)
|
0.430***
(0.0841)
|
0.386***
(0.0527)
|
0.419***
(0.0786)
|
0.441***
(0.0715)
|
| Low flood magnitude dummy |
-0.001
(0.0021)
|
-0.001
(0.0114)
|
-0.002
(0.0017)
|
-0.001
(0.0003)
|
-0.011
(0.0211)
|
| Moderate flood magnitude dummy |
|
-0.016
(0.0321)
|
-0.023**
(0.0017)
|
-0.033**
(0.0045)
|
-0.027**
(0.0031)
|
| High flood magnitude dummy |
|
|
-0.052***
(0.2214)
|
-0.61***
(0.2632)
|
-0.64***
(0.3764)
|
| Population affected |
|
|
|
1.321
(1.0547)
|
1.614
(1.142)
|
| Per capita growth |
|
|
|
|
0.029***
(0.0342)
|
| Observations |
432 |
432 |
432 |
432 |
432 |
| Number of states |
18 |
18 |
18 |
18 |
18 |
| Num of instruments |
15 |
14 |
12 |
13 |
14 |
| AR (1) |
0.007 |
0.001 |
0.002 |
0.003 |
0.003 |
| AR (2) |
0.692 |
0.672 |
0.705 |
0.739 |
0.821 |
| Hansen P value |
0.832 |
0.846 |
0.887 |
0.912 |
0.934 |