Methodological issues in natural disaster loss normalisation studies
Publication date
2021-03-15
Authors
Botzen, Wouter
Estrada, Francisco
Tol, Richard S.J.
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Advisors
Supervisors
Document Type
Comment
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cc_by_nc_nd
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.
Keywords
Climate change, extreme weather, loss normalization, natural disaster, statistical analysis, Global and Planetary Change, Geography, Planning and Development, Development, General Environmental Science, Sociology and Political Science, SCI and SSCI Journals, SDG 13 - Climate Action
Citation
Botzen, W J W, Estrada, F & Tol, R S J 2021, 'Methodological issues in natural disaster loss normalisation studies', Environmental Hazards, vol. 20, no. 2, pp. 112-115. https://doi.org/10.1080/17477891.2020.1830744