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|a The impact of socio-economics and climate change on tropical cyclone losses in the USA |h [electronic resource]. |
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|a [S.l.] : |b Springer-Verlag. |
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|a Please contact the owning institution for licensing and permissions. It is the user's responsibility to ensure use does not violate any third party rights. |
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|a Tropical cyclones that make landfall on the
coast of the USA are causing increasing economic losses. It
is assumed that the increase in losses is largely due to
socio-economic developments, i.e. growing wealth and
greater settlement of exposed areas. However, it is also
thought that the rise in losses is caused by increasing frequency
of severe cyclones resulting from climate change,
whether due to natural variability or as a result of human
activity. The object of this paper is to investigate how
sensitive the losses are to socio-economic changes and
climate changes and how these factors have evolved over
the last 50 years. We will then draw conclusions about the
part the factors concerned play in the observed increase in
losses. For analysis purposes, storm loss is depicted as a
function of the value of material assets affected by the
storm (the capital stock) and storm intensity. The findings
show the increase in losses due to socio-economic changes
to have been approximately three times greater than that
due to climate-induced changes. |
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|a Electronic reproduction. |c Florida International University, |d 2015. |f (dpSobek) |n Mode of access: World Wide Web. |n System requirements: Internet connectivity; Web browser software. |
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|a. |x Invergovernmental Panel on Climate Change |
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|a dpSobek |c Sea Level Rise |
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|u http://dpanther.fiu.edu/dpService/dpPurlService/purl/FI15050322/00001 |y Click here for full text |
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|a http://dpanther.fiu.edu/sobek/content/FI/15/05/03/22/00001/FI15050322_thm.jpg |