Improving flood damage assessment models in Italy
FEEM Working Paper No. 092.2015
In this paper the authors tested, adapted and extended an up-to-date Stage-Damage Curve (SDC) model using flood records from Northern Italy. The model calibration was underpinned with empirical data from compensation records. The analysis takes into account both physical asset and foregone production losses, the latter measured amidst the spatially distributed gross added value (GVA).