@techreport{Schmidt2008Tropical,
abstract = {Economic losses caused by tropical cyclones have increased dramatically. It can be assumed that most losses are due to increased prosperity and a greater tendency for people to settle in exposed areas, but also that the growing incidence of severe cyclones is due to climate change. This paper aims to isolate the socio-economic effects and ascertain the potential impact of climate change on this trend. Storm losses for the period 1950-2005 have been adjusted to 2005 socio-economic values so that any remaining trend cannot be ascribed to socio-economic developments. In the period 1971-2005, losses excluding socio-economic effects show an annual increase of 4% per annum.},
address = {Berlin},
author = {Silvio Schmidt and Claudia Kemfert and Peter H\"{o}ppe},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {Q54; Q50; Q51; 330; Climate change; tropical cyclones; loss trends; Sturm; Soziale Kosten; Klimaver\"{a}nderung; Sozialer Wandel; USA},
language = {eng},
number = {802},
publisher = {Deutsches Institut f\"{u}r Wirtschaftsforschung (DIW)},
title = {Tropical cyclone losses in the USA and the impact of climate change: a trend analysis based on a new dataset},
type = {Discussion papers // German Institute for Economic Research},
url = {http://hdl.handle.net/10419/27326},
year = {2008}
}
