Socio-economic exposure to natural disasters
- Department of Economics, Society, Politics, University of Urbino 'Carlo Bo', via Aurelio Saffi, 2, 61029 Urbino (Italy)
- Italy
- IRCrES - CNR, Research Institute on Sustainable Economic Growth, Via Corti 12, 20133 - Milano (Italy)
Even though the correct assessment of risks is a key aspect of the risk management analysis, we argue that limited effort has been devoted in the assessment of comprehensive measures of economic exposure at very low scale. For this reason, we aim at providing a series of suitable methodologies to provide a complete and detailed list of the exposure of economic activities to natural disasters. We use Input-Output models to provide information about several socio-economic variables, such as population density, employment density, firms' turnover and capital stock, that can be seen as direct and indirect socio-economic exposure to natural disasters. We then provide an application to the Italian context. These measures can be easily incorporated into risk assessment models to provide a clear picture of the disaster risk for local areas. - Highlights: • Ex ante assessment of economic exposure to disasters at very low geographical scale • Assessment of the cost of natural disasters in ex-post perspective • IO model and spatial autocorrelation to get information on socio-economic variables • Indicators supporting risk assessment and risk management models.
- OSTI ID:
- 22688004
- Journal Information:
- Environmental Impact Assessment Review, Vol. 64; Other Information: Copyright (c) 2017 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.; Country of input: International Atomic Energy Agency (IAEA); ISSN 0195-9255
- Country of Publication:
- United States
- Language:
- English
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