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Economics of extreme weather events in cities: Terminology and regional impact models

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  • Jahn, Malte

Abstract

Impacts of extreme weather events are relevant for cities in many aspects. Cities are the cores of economic activity and the amount of people and assets endangered by extreme weather events is large, even under the current climate. A changing climate with changing extreme weather patterns and the process of urbanization will make the whole issue even more relevant in the future. In this paper, definitions and terminology in the field of extreme weather events are discussed. Possible impacts of extreme weather events on cities are collected and the human influences are emphasized. Economic impacts are discusses along a temporal and a sectoral dimension. Finally, common economic impact models are compared, analyzing their strengths and weaknesses.

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  • Jahn, Malte, 2013. "Economics of extreme weather events in cities: Terminology and regional impact models," HWWI Research Papers 143, Hamburg Institute of International Economics (HWWI).
    • Handle: RePEc:zbw:hwwirp:143
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    Cited by:

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    2. Henry He Huang & Joseph Kerstein & Chong Wang, 2018. "The impact of climate risk on firm performance and financing choices: An international comparison," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(5), pages 633-656, July.
    3. Julian S. Leppin & Stefan Reitz, 2016. "The Role of a Changing Market Environment for Credit Default Swap Pricing," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 21(3), pages 209-223, July.
    4. Jahn, Malte, 2014. "A spatial computable general equilibrium model for the analysis of regional climate change impacts and adaptation policies," HWWI Research Papers 154, Hamburg Institute of International Economics (HWWI).
    5. Bräuninger, Michael, 2014. "Tax sovereignty and feasibility of international regulations for tobacco tax policies," HWWI Research Papers 152, Hamburg Institute of International Economics (HWWI).

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