CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

Methodological issues in natural disaster loss normalisation studies

Artículos, Francisco Estrada Porrúa

W.J. Wouter Botzen, Francisco Estrada & Richard S.J. Tol


Environmental Hazards


Abstract

The mixed results in Pielke (2020) for natural disaster loss normalisation studies are due to methodological differences. Flaws exist in commonly used normalisation approaches that assume unitary elasticities between exposure indicators and losses. We refute Pielke’s arguments that statistical studies estimating these relationships are biased. We conclude with an agenda for future research.

Cite this article

W.J. Wouter Botzen, Francisco Estrada & Richard S.J. Tol (2021) Methodological issues in natural disaster loss normalisation studies, Environmental Hazards, 20:2, 112-115, DOI: 10.1080/17477891.2020.1830744

Almetric

Vía: Environmental Hazards