Research Project

Natural disasters and financial technology adoption

Thematic axes
6 - Unleashing Enablers and Accelerators including on Financing, Technology and Capacity Building

Abstract
This paper investigates the impact of natural disasters on the adoption of PIX payments in Brazilian municipalities. Using data from multiple sources, including the Ministry of Integration and Regional Development of Brazil, the Central Bank of Brazil, and the Monthly Banking Statistics by Municipality database, we employ the Differences-in-Differences method to measure the effect of disasters on PIX adoption. Our findings reveal a significant and positive impact of natural disasters on the utilization of PIX among households. Additionally, we observe that the intensity of the disasters influences PIX adoption, with more severe disasters exerting a greater impact

Center for Empirical Studies in Economics

Researcher: Valdemar Rodrigues de Pinho Neto

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