climate change on this trend. Storm losses for the period 1950-2005 have been adjusted to 2005 socio-economic values so that …

choice of baseline and of the wind-speed elasticity of storm damage. -- climate change ; tropical storms ; economic impact …

concerned play in the observed increase in losses. For analysis purposes, storm loss is depicted as a function of the value of … material assets affected by the storm (the capital stock) and storm intensity. The findings show the increase in losses due to … cyclones ; climate change ; socio-economic impact ; storm damage function …

, considered by the change in material assets (capital stock). Further assumptions are made about the trend in storm intensity … resulting from anthropogenic climate change. The simulations use a stochastic model that models the annual storm loss from the … number of storms and the loss per storm event. The paper demonstrates that increasing wealth will continue to be the …