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Recursos bibliográficos en papel y digitales -
- libros, artículos de revistas,
ponencias de eventos, etc. -
» Resultado: 2 registros
| Registro 1 de 2 | |
| Autor: | Ouattara, Bazoumana - Strobl, Eric - Vermeiren, Jan - Yearwood, Stacia |
| Título: | Fiscal shortage risk and the potential role for tropical storm insurance: evidence from the Caribbean |
| Fuente: | Environment and Development Economics. v.23, n.6. Beijer Institute of Ecological Economics; Royal Swedish Academy of Sciences |
| Páginas: | pp. 702-720 |
| Año: | dec. 2018 |
| Resumen: | Recently a number of multi-country insurance schemes have been introduced to deal with short-term fiscal liquidity gaps after natural disasters. However, little is known about the actual underlying risk to the fiscal sector just after such events. In this paper, we estimate the risk of fiscal shortages due to tropical storms in the Caribbean. To this end, first we use a panel VAR and estimate that while government expenditure does not respond to damages due to tropical storms, there is a significant contemporaneous effect on fiscal revenue. The results also reveal that different components of expenditure and revenue respond differently to hurricane shocks. Then, employing a parametric bulk extreme value model on estimated losses due to historical events, we show that the fiscal shortage due to storms can potentially be sizeable depending on the rarity of the event, but varies considerably across islands. However, any risk assessment is fraught with considerable uncertainty, particularly for rare but potentially very damaging tropical storm strikes. |
| Palabras clave: | CATASTROFES | DESASTRES NATURALES | FINANZAS PUBLICAS | RIESGOS | |
| Solicitar por: | HEMEROTECA E + datos de Fuente |
| Registro 2 de 2 | |
| Autor: | Mohan, Preeya - Strobl, Eric - |
| Título: | A hurricane wind risk and loss assessment of Caribbean agriculture |
| Fuente: | Environment and Development Economics. v.22, n.1. Beijer Institute of Ecological Economics; Royal Swedish Academy of Sciences |
| Páginas: | pp. 84-106 |
| Año: | feb. 2017 |
| Resumen: | Hurricanes act as large external shocks potentially causing considerable damage to agriculture in the Caribbean. While a number of studies have estimated their historic economic impact, arguably the wider community and policy makers are more concerned about their future risk and potential losses, since this type of information is useful for disaster preparedness and mitigation strategy and policy. This paper implements a new approach to undertaking a quantitative wind risk and loss assessment of agriculture in Caribbean island economies. The authors construct an expected loss function that uses synthetically generated, and historical, hurricane tracks within a wind field model that takes cropland exposure derived from satellite data into consideration. The results indicate that expected wind losses are potentially large but vary considerably across the region, where the smaller islands are considerably more likely to be negatively impacted. Moreover, we find that the structure of the agricultural sector can be important in terms of vulnerability. |
| Palabras clave: | DESASTRES NATURALES | AGRICULTURA | PERDIDAS ECONOMICAS | |
| Solicitar por: | HEMEROTECA E + datos de Fuente |
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