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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Economic Valuation of On Site Material Damages of High Water on Economic Activities based in the City of Venice: Results from a Dose-Response-Expert-Based Valuation Approach | |
Paulo A.L.D. Nunes; Margaretha Breil; Gretel Gambarelli | |
发表日期 | 2005 |
出处 | Climate Change and Sustainable Development |
出版年 | 2005 |
语种 | 英语 |
摘要 | The paper focuses on the economic assessment of damages caused by high water in the city of Venice. In particular, we focus our attention on a valuation exercise that addresses the estimation of monetary, short period, on-site damages due to high water events on the different business activities located in Venice. On-site damages include both mitigation costs, which refer to all types of financial expenditure undergone to avert physical and material damages caused by flooding, and remediation costs, i.e. costs to be sustained for maintenance and substitution of affected building elements. Hence, the present study can be considered as a pioneering attempt to analytically quantify, from an economic point of view, on-site damages from high water. An integrated dose-response modelling and an expert-based valuation approach have been selected as the most suitable economic valuation methodology to shed light on the on-site damages. The main focus of the work is to assess dose-response relationships, which are able to describe the physical effects of high water on the different on-site damage categories, including inner and front doors maintenance, cleaning of pavements and maintenance of the walls. Bearing in mind such an economic valuation framework, we proceed with the estimation of on-site damages not only for the present high water situation (business as usual) but also extend the valuation exercise to three additional high water scenarios: (1) a climate change scenario; (2) a high water protection scenario; and, (3) a combined climate change and protection scenario. Estimation results show that the welfare loss due to on-site, short-term damages supported by the business activities ranges from 3.41 to 4.73 million Euro per year, respectively for the business as usual and climate change scenarios. Finally, we can conclude that the introduction of a public policy protection mechanism that defends the city of Venice from any flooding above 110 cm above the Punta della Salute Tidal Datum, such as the MOSE, will reduce the on-site damages supported by the business activities up to 2.87 million Euro per year. |
特色分类 | C29,Q25 |
关键词 | High water damages,Venice,Economic valuation |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/economic-valuation-of-on-site-material-damages-of-high-water-on-economic-activities-based-in-the-city-of-venice-results-from-a-dose-response-expert-based-valuation-approach/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117166 |
推荐引用方式 GB/T 7714 | Paulo A.L.D. Nunes,Margaretha Breil,Gretel Gambarelli. Economic Valuation of On Site Material Damages of High Water on Economic Activities based in the City of Venice: Results from a Dose-Response-Expert-Based Valuation Approach. 2005. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2005-053.pdf(336KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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