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Literature on climate change and extreme events has found conflicting and often weak results on the evolution of economic damages related to natural disasters, although climate change is likely to bring about an increase in their magnitude (Van Aalst, 2006; IPCC, 2007, 2012). These studies usually...
Persistent link: https://www.econbiz.de/10011894267
back to its original conditions after a shock and relies on the combination of socioeconomic, institutional and …
Persistent link: https://www.econbiz.de/10012814563
Hurricanes are among the costliest natural disasters in the world, with a significant portion of their impact linked to the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in the US and develop a new approach for measuring the...
Persistent link: https://www.econbiz.de/10013426083
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A scoping method for projecting coastal zone flood damage with climate change is described. The method links current flood damage estimates from climate impacts with estimated changes in parameters (such as flood frequency) from climate scenarios to produce estimates of future damages from...
Persistent link: https://www.econbiz.de/10013076261
contains exogenous measures of physical disaster intensity, well suited for causal analysis. Empirical results suggest that … disaster in the top 1-percentile of the disaster index distribution increases government debt by almost 9 percent of GDP, while …
Persistent link: https://www.econbiz.de/10013225771
post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues … budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster …
Persistent link: https://www.econbiz.de/10012864115
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the US shows that there is an increasing trend in annul natural disaster losses after 1980. Climate change is recognized … and risk prevention as this trend continues. In this paper, we convert natural disaster losses to the year 2016 dollars … outperforms the other two composite distributions in modeling natural disaster losses. Important risk measures for natural …
Persistent link: https://www.econbiz.de/10012422965