Hurricane damage risk assessment in the Caribbean: An analysis using synthetic hurricane events and nightlight imagery

Research output: Contribution to journalArticlepeer-review

Authors

Colleges, School and Institutes

External organisations

  • University of the West Indies
  • University of West Indies

Abstract

History has shown that hurricanes can cause catastrophic destruction and impede economic growth in the Caribbean. Nevertheless, there is essentially as of date no comprehensive quantitative risk and anticipated loss assessment for the region. In this paper we use synthetic hurricane tracks and local income proxies to estimate expected risk and losses if a climate similar to the last 30 years prevails. We show that on average, the annual fraction of expected property damage and subsequent impacts on income are nonnegligible, with large variations across islands.

Details

Original languageEnglish
Pages (from-to)135-144
JournalEcological Economics
Volume124
Early online date28 Feb 2016
Publication statusPublished - Apr 2016

Keywords

  • Hurricane risk and damages, Synthetic storm tracks, Nightlight imagery