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Informing climate adaptation: A review of the economic costs of natural disasters

Carolyn Kousky

Energy Economics, 2014, vol. 46, issue C, 576-592

Abstract: This paper reviews the empirical literature on the economic impacts of natural disasters to inform both the modeling of potential future climate damages and climate adaptation policy related to extreme events. It covers papers that estimate the short- and/or long-run economic impacts of weather-related extreme events as well as studies identifying the determinants of the magnitude of those damages (including fatalities). The paper also reviews the small number of empirical papers on the potential extent of adaptation in response to changing extreme events.

Keywords: Natural disaster damages; Climate adaptation; Risk mitigation (search for similar items in EconPapers)
JEL-codes: D1 E2 O1 Q54 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (124)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:46:y:2014:i:c:p:576-592

DOI: 10.1016/j.eneco.2013.09.029

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Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

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