IDEAS home Printed from https://ideas.repec.org/p/zbw/hwwirp/143.html
   My bibliography  Save this paper

Economics of extreme weather events in cities: Terminology and regional impact models

Author

Listed:
  • Jahn, Malte

Abstract

Impacts of extreme weather events are relevant for cities in many aspects. Cities are the cores of economic activity and the amount of people and assets endangered by extreme weather events is large, even under the current climate. A changing climate with changing extreme weather patterns and the process of urbanization will make the whole issue even more relevant in the future. In this paper, definitions and terminology in the field of extreme weather events are discussed. Possible impacts of extreme weather events on cities are collected and the human influences are emphasized. Economic impacts are discusses along a temporal and a sectoral dimension. Finally, common economic impact models are compared, analyzing their strengths and weaknesses.

Suggested Citation

  • Jahn, Malte, 2013. "Economics of extreme weather events in cities: Terminology and regional impact models," HWWI Research Papers 143, Hamburg Institute of International Economics (HWWI).
    • Handle: RePEc:zbw:hwwirp:143
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/83645/1/769532195.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hallegatte, Stéphane & Dumas, Patrice, 2009. "Can natural disasters have positive consequences? Investigating the role of embodied technical change," Ecological Economics, Elsevier, vol. 68(3), pages 777-786, January.
    2. Stéphane Hallegatte & Valentin Przyluski, 2010. "The Economics of Natural Disasters," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(02), pages 14-24, July.
    3. Eduardo Cavallo & Ilan Noy, 2009. "The Economics of Natural Disasters: A Survey," Research Department Publications 4649, Inter-American Development Bank, Research Department.
    4. Alex Anas & Yu Liu, 2007. "A Regional Economy, Land Use, And Transportation Model (Relu‐Tran©): Formulation, Algorithm Design, And Testing," Journal of Regional Science, Wiley Blackwell, vol. 47(3), pages 415-455, August.
    5. Adam Rose & Shu‐Yi Liao, 2005. "Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 75-112, February.
    6. Michael Berlemann & Gerit Vogt, 2007. "Kurzfristige Wachstumseffekte von Naturkatastrophen," ifo Working Paper Series 52, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    7. Frei, Xenia & Kowalewski, Julia, 2013. "Sektorale und regionale Betroffenheit durch den Klimawandel am Beispiel der Metropolregion Hamburg," HWWI Research Papers 139, Hamburg Institute of International Economics (HWWI).
    8. A. T. Flegg & C. D. Webber, 1997. "On the Appropriate Use of Location Quotients in Generating Regional Input-Output Tables: Reply," Regional Studies, Taylor & Francis Journals, vol. 31(8), pages 795-805.
    9. Adam Rose, 2004. "Economic Principles, Issues, and Research Priorities in Hazard Loss Estimation," Advances in Spatial Science, in: Yasuhide Okuyama & Stephanie E. Chang (ed.), Modeling Spatial and Economic Impacts of Disasters, chapter 2, pages 13-36, Springer.
    10. Eduardo Cavallo & Ilan Noy, 2009. "The Economics of Natural Disasters: A Survey," Research Department Publications 4649, Inter-American Development Bank, Research Department.
    11. Hallegatte, Stephane & Przyluski, Valentin, 2010. "The economics of natural disasters : concepts and methods," Policy Research Working Paper Series 5507, The World Bank.
    12. Stéphane Hallegatte, 2008. "An adaptive regional input-output model and its application to the assessment of the economic cost of Katrina," Post-Print hal-00716550, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Benjamin Quesada & Robert Vautard & Pascal Yiou, 2023. "Cold waves still matter: characteristics and associated climatic signals in Europe," Climatic Change, Springer, vol. 176(6), pages 1-21, June.
    2. Henry He Huang & Joseph Kerstein & Chong Wang, 2018. "The impact of climate risk on firm performance and financing choices: An international comparison," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(5), pages 633-656, July.
    3. Julian S. Leppin & Stefan Reitz, 2016. "The Role of a Changing Market Environment for Credit Default Swap Pricing," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 21(3), pages 209-223, July.
    4. Jahn, Malte, 2014. "A spatial computable general equilibrium model for the analysis of regional climate change impacts and adaptation policies," HWWI Research Papers 154, Hamburg Institute of International Economics (HWWI).
    5. Bräuninger, Michael, 2014. "Tax sovereignty and feasibility of international regulations for tobacco tax policies," HWWI Research Papers 152, Hamburg Institute of International Economics (HWWI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Matteo Coronese & Davide Luzzati, 2022. "Economic impacts of natural hazards and complexity science: a critical review," LEM Papers Series 2022/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Trond G. Husby & Elco E. Koks, 2017. "Household migration in disaster impact analysis: incorporating behavioural responses to risk," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 87(1), pages 287-305, May.
    3. Stéphane Hallegatte, 2014. "Modeling the Role of Inventories and Heterogeneity in the Assessment of the Economic Costs of Natural Disasters," Risk Analysis, John Wiley & Sons, vol. 34(1), pages 152-167, January.
    4. Safarzyńska, Karolina & Brouwer, Roy & Hofkes, Marjan, 2013. "Evolutionary modelling of the macro-economic impacts of catastrophic flood events," Ecological Economics, Elsevier, vol. 88(C), pages 108-118.
    5. Hallegatte, Stephane, 2012. "Modeling the roles of heterogeneity, substitution, and inventories in the assessment of natural disaster economic costs," Policy Research Working Paper Series 6047, The World Bank.
    6. Masato Yamazaki & Atsushi Koike & Yoshinori Sone, 2018. "A Heuristic Approach to the Estimation of Key Parameters for a Monthly, Recursive, Dynamic CGE Model," Economics of Disasters and Climate Change, Springer, vol. 2(3), pages 283-301, October.
    7. Johanna Choumert-Nkolo & Anaïs Lamour & Pascale Phélinas, 2021. "The Economics of Volcanoes," Economics of Disasters and Climate Change, Springer, vol. 5(2), pages 277-299, July.
    8. Jahn, Malte, 2014. "A spatial computable general equilibrium model for the analysis of regional climate change impacts and adaptation policies," HWWI Research Papers 154, Hamburg Institute of International Economics (HWWI).
    9. Felbermayr, Gabriel & Gröschl, Jasmin & Sanders, Mark & Schippers, Vincent & Steinwachs, Thomas, 2018. "Shedding Light on the Spatial Diffusion of Disasters," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181556, Verein für Socialpolitik / German Economic Association.
    10. Pradeep V. Mandapaka & Edmond Y. M. Lo, 2023. "Assessing Shock Propagation and Cascading Uncertainties Using the Input–Output Framework: Analysis of an Oil Refinery Accident in Singapore," Sustainability, MDPI, vol. 15(2), pages 1-24, January.
    11. Davide Antonioli & Alberto Marzucchi & Marco Modica, 2022. "Resilience, Performance and Strategies in Firms’ Reactions to the Direct and Indirect Effects of a Natural Disaster," Networks and Spatial Economics, Springer, vol. 22(3), pages 541-565, September.
    12. Wenzel, Lars & Wolf, André, 2013. "Protection against major catastrophes: An economic perspective," HWWI Research Papers 137, Hamburg Institute of International Economics (HWWI).
    13. Loayza, Norman V. & Olaberría, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2012. "Natural Disasters and Growth: Going Beyond the Averages," World Development, Elsevier, vol. 40(7), pages 1317-1336.
    14. Filipski, Mateusz & Jin, Ling & Zhang, Xiaobo & Chen, Kevin Z., 2019. "Living like there’s no tomorrow: The psychological effects of an earthquake on savings and spending behavior," European Economic Review, Elsevier, vol. 116(C), pages 107-128.
    15. Asjad Naqvi & Franziska Gaupp & Stefan Hochrainer-Stigler, 2020. "The risk and consequences of multiple breadbasket failures: an integrated copula and multilayer agent-based modeling approach," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 42(3), pages 727-754, September.
    16. Thomas Steinwachs, 2019. "Geography Matters: Spatial Dimensions of Trade, Migration and Growth," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 81.
    17. Nina Graveline & Marine Gremont, 2017. "Measuring and understanding the microeconomic resilience of businesses to lifeline service interruptions due to natural disasters," Post-Print hal-01631780, HAL.
    18. Filipski, Mateusz J. & Jin, Ling & Zhang, Xiaobo & Chen, Kevin Z., 2015. "Living like there’s no tomorrow: Saving and spending following the Sichuan earthquake:," IFPRI discussion papers 1461, International Food Policy Research Institute (IFPRI).
    19. Dieppe,Alistair Matthew & Kilic Celik,Sinem & Okou,Cedric Iltis Finafa, 2020. "Implications of Major Adverse Events on Productivity," Policy Research Working Paper Series 9411, The World Bank.
    20. Hallegatte,Stephane & Bangalore,Mook & Jouanjean,Marie Agnes, 2016. "Higher losses and slower development in the absence of disaster risk management investments," Policy Research Working Paper Series 7632, The World Bank.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:hwwirp:143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/hwwiide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.