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Can forecasts of natural disasters alter their destructiveness? Poor forecasts increase damages when individuals do not mitigate risks based on the false belief that they will be unaffected. We test this hypothesis by examining the impact of 12-hour-ahead forecasts on hurricane damages and find...
Persistent link: https://www.econbiz.de/10014118298
In a recent article in the American Economic Review, Tatyana Deryugina and David Molitor (DM) analyzed the effect of Hurricane Katrina on the mortality of elderly and disabled residents of New Orleans. The authors concluded that Hurricane Katrina improved the eight-year survival rate of elderly...
Persistent link: https://www.econbiz.de/10013245686
This paper considers the impact of sea level rise and storm surge on the Red River delta region of Vietnam an area already known to be highly vulnerable to coastal risks. By combining a range of sea level rise scenarios for 2050 with the simulated storm surge level for the 100-year storm surge,...
Persistent link: https://www.econbiz.de/10009622491
This article considers the impact of sea level rise and storm surge on the port cities of Maputo and Beira in Mozambique. By combining a range of sea level rise scenarios for 2050 with the potential maximum storm surge level for the current 100-year storm, we analyze permanently inundated lands...
Persistent link: https://www.econbiz.de/10009727293
This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area weighted measure for local tropical cyclone intensity based on meteorological data, which is included in a panel analysis for a...
Persistent link: https://www.econbiz.de/10011894576
The costs of coastal sector impacts from sea level rise (SLR) are an important component of the total projected economic damages of climate change, a major input to decision-making and design of climate policy. Moreover, the ultimate costs to coastal resources will depend strongly on adaptation,...
Persistent link: https://www.econbiz.de/10011290821
This paper unravels the contemporaneous, lagged, and indirect effects of tropical cyclones on annual sectoral growth worldwide. The main explanatory variable is an area-weighted measure for local tropical cyclone intensity based on meteoro-logical data, which is included in a panel analysis for...
Persistent link: https://www.econbiz.de/10011798404
This paper explores the effects of tropical cyclones on the economic activity of establishments in the manufacturing and service sectors in Mexico. The analysis relies on panel data that combines establishment-level economic activity with municipal-level exposure to tropical cyclones on a...
Persistent link: https://www.econbiz.de/10012796829