Earlier this year a paper of mine was published that review more than 50 studies that employ “normalization” methodologies to assess disaster losses over time.
Pielke, R. (2020). Economic ‘normalisation’ of disaster losses 1998–2020: a literature review and assessment. Environmental Hazards, 1-19.
Here I will continue to track literature that has been published since my review was completed.
Sajjad, M., & Chan, J. C. (2020). Tropical Cyclone Impacts on Cities: A Case of Hong Kong. Frontiers in Built Environment, 6, 172.
“It is important to note that through there is a significant increase in the TC-related non-normalized damages (95% confidence), this trend becomes insignificant after normalizing the damages with the corresponding years GDP. This finding is in line with the existing literature . . .”