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

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  • Jahn, Malte
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    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. -- Extremwetterereignisse betreffen Städte in vielfältiger Weise. Städte sind Zentren ökonomischer Aktivität und die Anzahl der durch Extremwetter gefährdeten Menschen und Vermögenswerte steigt, selbst unter dem heutigen Klima. Ein sich veränderndes Klima mit sich verändernden Extremwetterereignissen wie auch der Prozess der Verstädterung erhöhen die Relevanz des Themas in der Zukunft. In diesem Artikel werden Definitionen und Terminologie im Bereich Extremwettereignisse diskutiert. Mögliche ökonomische Auswirkungen verschiedener Arten von Extremwetter auf Städte werden untersucht, wobei auch der menschliche Einfluss hervor gehoben wird. Die Auswirkungen werden in einer zeitlichen und sektoralen Dimension genauer betrachtet. Abschließend werden ökonomische Modelle zur Analyse der Folgen von Extremwetterereignissen verglichen und die Modellunterschiede herausgearbeitet.

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    Paper provided by Hamburg Institute of International Economics (HWWI) in its series HWWI Research Papers with number 143.

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    Date of creation: 2013
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    Handle: RePEc:zbw:hwwirp:143

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    1. Hallegatte, Stéphane & Dumas, Patrice, 2009. "Can natural disasters have positive consequences? Investigating the role of embodied technical change," Ecological Economics, Elsevier, Elsevier, vol. 68(3), pages 777-786, January.
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    3. Stéphane Hallegatte & Valentin Przyluski, 2010. "The Economics of Natural Disasters," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, Ifo Institute for Economic Research at the University of Munich, vol. 11(2), pages 14-24, 07.
    4. Michael Berlemann & Gerit Vogt, 2007. "Kurzfristige Wachstumseffekte von Naturkatastrophen," Ifo Working Paper Series Ifo Working Paper No. 52, Ifo Institute for Economic Research at the University of Munich.
    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, Wiley Blackwell, vol. 45(1), pages 75-112.
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