EconPapers    
Economics at your fingertips  
 

Econometric evaluation of large weather events due to climate change: floods in Atlantic Canada

Yuri Yevdokimov, Stanislav Hetalo and Yuliya Burina

International Journal of Global Energy Issues, 2021, vol. 43, issue 2/3, 275-283

Abstract: Climate change increases frequency of large weather events such as floods, storm surges, cyclones, hurricanes, high-speed winds, thunderstorms, snowstorms, blizzards, extreme temperatures, and others. All these events lead to a significant economic damage to property, infrastructure, and human health. Historically Atlantic Canada has been vulnerable to flooding. Therefore, the goal of this study is to establish a relationship between socio-economic, climatological as well as direct flood factors and economic loss from floods in Atlantic Canada. First, this study evaluates probability of floods in Atlantic Canada due to hydrological as well as climatological factors. Second, it tests the hypothesis of an increasing frequency of floods in the future due to climate change. Coupled with economic losses from floods defined earlier, it will give us a possibility to evaluate the expected damage from floods in Atlantic Canada due to climate change to justify investment into mitigation measures.

Keywords: climate change; extreme weather events; inland floods; econometric analysis; forecast. (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=115149 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgeni:v:43:y:2021:i:2/3:p:275-283

Access Statistics for this article

More articles in International Journal of Global Energy Issues from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().

 
Page updated 2025-03-19
Handle: RePEc:ids:ijgeni:v:43:y:2021:i:2/3:p:275-283