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Social inequalities in climate change-attributed impacts of hurricane harvey
Smiley, Kevin T.; Noy, Ilan; Wehner, Michael; Frame, Dave; … - 2021
-attributed flood impacts. Here, we use climate change attribution science paired with hydrological flood models to estimate climate … change-attributed flood depths and damages during Hurricane Harvey in Harris County, Texas. We then combine this information …
Persistent link: https://www.econbiz.de/10012668885
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Cities and the sea level
Lin, Yatang; McDermott, Thomas K. J.; Michaels, Guy - 2021
coasts. We document nine stylized facts, including a sizeable rise in the share of coastal housing built on flood-prone land …
Persistent link: https://www.econbiz.de/10012499611
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Long-term growth effects of natural disasters : empirical evidence for droughts
Berlemann, Michael; Wenzel, Daniela - 2015
The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...
Persistent link: https://www.econbiz.de/10011384506
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Asset diversification versus climate action
Hambel, Christoph; Kraft, Holger; Ploeg, Frederick van der - 2020
Asset pricing and climate policy are analyzed in a global economy where consumption goods are produced by both a green and a carbon-intensive sector. We allow for endogenous growth and three types of damages from global warming. It is shown that, initially, the desire to diversify assets...
Persistent link: https://www.econbiz.de/10012258563
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Shedding light on the spatial diffusion of disasters
Felbermayr, Gabriel; Gröschl, Jasmin Katrin; Sanders, Mark - 2018
Climate research suggests that global warming will lead to more frequent and more extreme natural disasters. Most disasters are local events with effects on local economic activity. Hence, assessing their economic impacts with the help of econometric country-level analysis may lead to biased...
Persistent link: https://www.econbiz.de/10011872945
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Natural disasters and the effect of trade on income : a new panel IV approach
Felbermayr, Gabriel; Gröschl, Jasmin - 2011
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10009240715
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Long-term macroeconomic effects of climate change : a cross-country analysis
Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019
world real GDP per capita by 7.22 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the …
Persistent link: https://www.econbiz.de/10012031151
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Climate damages in convergence-consistent growth projections
Harding, Tony; Moreno Cruz, Juan; Quaas, Martin F.; … - 2023
Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...
Persistent link: https://www.econbiz.de/10014292777
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Do natural disasters stimulate individual saving? : evidence from a natural experiment in a highly developed country
Berlemann, Michael; Steinhardt, Max Friedrich; Tutt, Jascha - 2015
of a natural experiment created by the European Flood of August 2002. Using micro data from the German Socio …-Economic Panel that we combine with geographic flood data, we compare the savings behavior of affected and non-affected individuals …
Persistent link: https://www.econbiz.de/10010518804
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Measurement of economic welfare risk and resilience of the Philippine regions
Yonson, Rio; Noy, Ilan - 2018
questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilient is each region to riverine flood disasters? and 3) What are the available interventions per region to strengthen … resilience to riverine flood disasters and what will be their measured benefit? We study the 18 regions of the Philippines to …
Persistent link: https://www.econbiz.de/10011810138