Report 103: Economic Costs of Natural Disasters in Australia.
| Report 103 | Category: pricing and investment, natural disasters |
|
Natural disasters affect every State and Territory in Australia. Good information on the costs of natural disasters is required to assess the effectiveness of expenditure on disaster mitigation. This study focuses on national economic costs, using data from the Emergency Management Australia (EMA) database, over the period 1967 to 1999. The project developed a preliminary framework for estimating the economic cost of natural disasters. Key findings were that costs varied substantially across states; and floods, storms and cyclones are the most costly natural disasters in Australia. The report also identifies limitations to the data on natural disasters, such as the difficulty of calculating intangible losses, and suggests areas of future research.
ISSN
1440-9569 ISBN 0 642 45633 Xs Date of Publication January 2001  Economic Costs of Natural Disasters in Australia [2160 KB]Feedback Not available in hard copy |
