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http://hdl.handle.net/10419/27326
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| Title: | | Tropical cyclone losses in the USA and the impact of climate change: a trend analysis based on a new dataset  |
| Authors: | | Schmidt, Silvio Kemfert, Claudia Höppe, Peter |
| Issue Date: | | 2008 |
| Series/Report no.: | | Discussion papers // German Institute for Economic Research 802 |
| 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. |
| Subjects: | | Climate change tropical cyclones loss trends |
| JEL: | | Q54 Q50 Q51 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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