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The exposure of Italian manufacturing firms to hydrogeological risk
Michele Loberto1, Riccardo Russo1
1Banca d'Italia, via Nazionale 187, 00183, Roma, Italy.
Abstract:
This paper proposes a new methodology for assessing the exposure of Italian companies to natural hazards, which accounts for the distribution of companies' activity across different sites and locations. We apply this methodology to evaluate manufacturing companies' exposure to flood and landslide hazards. The shares of manufacturing workers directly exposed to floods and landslides are 29% and 5%, respectively. The exposure to hydrogeological risk is correlated with company characteristics, in particular with the number of company establishments.
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