2012
DOI: 10.1007/s11269-012-0119-9
|View full text |Cite
|
Sign up to set email alerts
|

Methods to Assess Costs of Drought Damages and Policies for Drought Mitigation and Adaptation: Review and Recommendations

Abstract: This article examines available methods for assessing all types of drought costs, including both damage costs and costs arising from adopting policy measures to encourage mitigation of, and adaptation to, droughts. It first discusses damage costs, distinguishing between direct, indirect and non-market costs. Then it examines the suitability of existing methods for estimating drought costs in different economic sectors, their underlying theoretical assumptions, complementarity between different methods, and con… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1

Citation Types

0
102
0
3

Year Published

2012
2012
2021
2021

Publication Types

Select...
9
1

Relationship

0
10

Authors

Journals

citations
Cited by 111 publications
(105 citation statements)
references
References 37 publications
0
102
0
3
Order By: Relevance
“…Corti et al, 2009Corti et al, , 2011. Moreover, the review by Logar and van den Bergh (2013) concludes that market valuation techniques (i.e. market prices, production function, avoided costs, replacement or repair costs) are the most suitable methods for assessing direct tangible costs of droughts.…”
Section: Direct Costsmentioning
confidence: 99%
“…Corti et al, 2009Corti et al, , 2011. Moreover, the review by Logar and van den Bergh (2013) concludes that market valuation techniques (i.e. market prices, production function, avoided costs, replacement or repair costs) are the most suitable methods for assessing direct tangible costs of droughts.…”
Section: Direct Costsmentioning
confidence: 99%
“…Since drought is a slow-onset "creeping" hazard (Gillette, 1950) with multifaceted impacts on different domains and sectors it is less visible than, for instance, earthquakes or floods. Apart from some exceptions (e.g., agricultural yield statistics) it is challenging to find information on the variety of drought impacts, which are mainly non-structural (not associated with physical damages to buildings, infrastructure, and other assets) and difficult to quantify in monetary terms (Logar and van den Bergh, 2013). To address these shortcomings, an online database for collecting user-based reports on drought impacts was launched in the United States some years ago (US Drought Impact Reporter (DIR); Wilhite et al, 2007).…”
Section: Introductionmentioning
confidence: 99%
“…There is an urgent and dire need to progress on various fronts of drought mitigation such as early warning and forecasting, building the resilience of the societies, shortterm relief efforts, long-term planning and capacity building (e.g. Calow et al, 2010;Clarke et al, 2012;Dondero, 1985;Falkenmark and Rockström, 2008;GFDRR, 2011;IFAD, 2010IFAD, , 2011aLogar and van den Bergh, 2013;Mishra and Singh, 2010;Msangi, 2004;Sehmi and Kundzewicz, 1997;Tadesse et al, 2008;Tøttrup et al, 2012;UNISDR, 2004UNISDR, , 2010Vicento-Serrano et al, 2012;Vogel et al, 2010;World Bank and GFDRR, 2010).…”
mentioning
confidence: 99%