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CBO’s Approach to Estimating Expected Hurricane Damage: Working Paper 2016-02

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  • Terry Dinan

Abstract

This working paper describes how the Congressional Budget Office estimates the effects of climate change and coastal development on hurricane damage. The estimates themselves are presented in a separate report—Potential Increases in Hurricane Damage in the United States: Implications for the Federal Budget—for three selected future years: 2025, 2050, and 2075. Climate change is projected to increase damage in two ways. First, climate change is projected to result in more frequent high-intensity hurricanes. Second, for any given storm, rising sea levels

Suggested Citation

  • Terry Dinan, 2016. "CBO’s Approach to Estimating Expected Hurricane Damage: Working Paper 2016-02," Working Papers 51610, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:51610
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    File URL: https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/workingpaper/51610-Hurricanes_WP.pdf
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    More about this item

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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