Why economic dynamics matter in assessing climate change damages : illustration on extreme events

By StÃ©phane Hallegatte, J. Charles Hourcade, Patrice Dumas. 2007

356 citations recorded by the source corpus.

Subfields: Atmospheric Science, Global and Planetary Change, Soil Science

View Paper: https://www.semanticscholar.org/paper/725fbc160927f90d8c1a0cc5d8f2c27224e61bb2

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Citations in the corpus

A Multiregional Impact Assessment Model for disaster analysis (2016, methodology): “Following Hallegatte et al. (2007) and Hallegatte (2008), we assume that the amount of capital required to produce one Euro of value added is approximately four Euros.”
What do exogenous shocks tell us about growth theories (2007, background): “In particular, Hallegatte et al. (2007) note that large events may cause large GDP losses if the intensity and frequency of disasters are beyond a threshold value.”
Coastal flood damage and adaptation costs under 21st century sea-level rise (2014, background): “These might be significant, in particular for poor countries and major events (34).”
Heat wave exposure in India in current, 1.5 °C, and 2.0 °C worlds (2017, background): “In India, heatwaves during the pre-monsoon season (March−May) cover some area of the country nearly every year, causehighmortality, andaffect a large population (Patz et al 2005, McMichael et al 2006, Hallegatte et al 2007, Dunne et al 2013, Pai et al 2013, Smith et al 2014).”
Assessing climate change impacts, sea level rise and storm surge risk in port cities: a case study on Copenhagen (2008, background): “Several authors have suggested that the direct costs, generally evaluated by insurance companies, may be poor proxies of overall costs, particularly in the case of large-scale events (Tierney 1995; Pielke and Pielke 1997; Lindell and Prater 2003; Hallegatte et al. 2007; Hallegatte 2008).”
An Adaptive Regional Input‐Output Model and its Application to the Assessment of the Economic Cost of Katrina (2006, background): “We assume that, consistently with general equilibrium models, the amount of capital needed to produce one dollar of annual value-added is worth approximately $4 (Hallegatte et al., 2007).”
Climate change impacts and adaptation in cities: a review of the literature (2011, methodology): “Hallegatte et al (2007), using a nonequilibrium dynamic model, estimate that the full macro-economic costs of Hurricane Katrina were about 25% more than direct costs alone, giving total damage costs associated with the event of $130 billion.”
A critical review of impact of and adaptation to climate change in developed and developing economies (2011, background): “In other words, increases in extreme events will be particularly costly for developed economies, which invest a considerable amount in fixed capital each year (Hallegatte et al. 2006).”
Have disaster losses increased due to anthropogenic climate change (2011, background): “By Laurens M. Bouwer 39january 2011aMErICan METEOrOLOGICaL SOCIETy | Hallegatte et al. 2007; Tol 2008) and therefore are hardly accounted for in cost–benefit analyses of global climate policy (Van den Bergh 2010).”
Firm-network characteristics and economic robustness to natural disasters (2012, neutral): “Indirect losses represent a large 1See an analysis of the link between reconstruction capacity and disaster total cost in Hallegatte et al. (2007).”
Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth (2014, neutral): “Disasterit = ln ( 1 + Σj TotalAffectedit,j Populationi,t−1 ) (13)”