Dunbar, Geoffrey; Steingress, Walter; Tomlin, Ben - 2023 - Last updated: January 30, 2023
: an event study and a local projection. Our estimates imply that a hurricane reduces route-specific monthly U.S. import … flows by 5.4% to 16.0%, leading to an aggregate loss of 1.15% to 3.42% of annual U.S. west coast imports for an average … Intergovernmental Panel on Climate Change, we quantify a range of costs of future hurricane disruptions that could occur if trade routes …