Journal
NATURAL HAZARDS
Volume 82, Issue 3, Pages 2075-2088Publisher
SPRINGER
DOI: 10.1007/s11069-016-2286-0
Keywords
Flood risk management; Stage depth-damage curves; Economic damage; Disaster losses; Italy
Funding
- European Union [308438]
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Flood damage assessments are often based on stage-damage curve (SDC) models that estimate economic damage as a function of flood characteristics (typically flood depths) and land use. SDCs are developed through a site-specific analysis, but are rarely adjusted to economic circumstances in areas to which they are applied. In Italy, assessments confide in SDC models developed elsewhere, even if empirical damage reports are collected after every major flood event. In this paper, we have tested, adapted and extended an up-to-date SDC model using flood records from Northern Italy. The model calibration is underpinned by empirical data from compensation records. Our analysis takes into account both damage to physical assets and losses due to foregone production, the latter being measured amidst the spatially distributed gross added value.
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