The exposure of Italian manufacturing firms to hydrogeological risk
Michele Loberto and
Riccardo Russo ()
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Riccardo Russo: Bank of Italy
No 899, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area
Abstract:
This paper introduces a new methodology for assessing the exposure of Italian companies to natural hazards, which accounts for the distribution of companies' activity across different sites and locations. We apply this methodology to evaluate the exposure of manufacturing companies to flood and landslide risks. The shares of manufacturing workers directly exposed to floods and landslides are 29% and 5% respectively. The exposure to hydrogeological risk is correlated with company characteristics, in particular with the number of company sites.
Keywords: natural disasters; floods; landslides; climate risk; firms (search for similar items in EconPapers)
JEL-codes: D22 Q54 R11 (search for similar items in EconPapers)
Date: 2024-12
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:opques:qef_899_24
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