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

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Hurricane damage risk assessment in the Caribbean: An analysis using synthetic hurricane events and nightlight imagery. / Strobl, Eric; Bertinelli, Luisito; Mohan, Preeya.

In: Ecological Economics, Vol. 124, 04.2016, p. 135-144.

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@article{2a76826f5d0f417f84e359c598bf5553,
title = "Hurricane damage risk assessment in the Caribbean: An analysis using synthetic hurricane events and nightlight imagery",
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.",
keywords = "Hurricane risk and damages, Synthetic storm tracks, Nightlight imagery",
author = "Eric Strobl and Luisito Bertinelli and Preeya Mohan",
year = "2016",
month = apr,
doi = "10.1016/j.ecolecon.2016.02.004",
language = "English",
volume = "124",
pages = "135--144",
journal = "Ecological Economics",
issn = "0921-8009",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Hurricane damage risk assessment in the Caribbean: An analysis using synthetic hurricane events and nightlight imagery

AU - Strobl, Eric

AU - Bertinelli, Luisito

AU - Mohan, Preeya

PY - 2016/4

Y1 - 2016/4

N2 - 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.

AB - 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.

KW - Hurricane risk and damages

KW - Synthetic storm tracks

KW - Nightlight imagery

U2 - 10.1016/j.ecolecon.2016.02.004

DO - 10.1016/j.ecolecon.2016.02.004

M3 - Article

VL - 124

SP - 135

EP - 144

JO - Ecological Economics

JF - Ecological Economics

SN - 0921-8009

ER -