Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/130275
Authors: 
Amadio, Mattia
Mysiak, Jaroslav
Carrera, Lorenzo
Koks, Elco
Year of Publication: 
2015
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 92.2015
Abstract: 
Flood damage assessments are often based on Stage-Damage Curve (SDC) models that estimate economic damage as a function of flood characteristics, typically flood depths, and land use. SDCs are developed through site-specific analysis but rarely adjusted to economic circumstances in areas to which they are applied. In Italy, assessments confide in SDC models developed elsewhere, even if empirical damage reports are collected after every major flood event. In this paper we tested, adapted and extended an up-to-date SDC model using flood records from Northern Italy. The model calibration is underpinned with empirical data from compensation records. Our analysis takes into account both physical asset and foregone production losses, the latter measured amidst the spatially distributed gross added value (GVA).
Subjects: 
Flood Risk Management
Stage Depth Damage Curves
Economic Damage
Disaster Losses
Italy
JEL: 
Q54
Document Type: 
Working Paper

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