Mostrando recursos 1 - 2 de 2

  1. A methodological framework to operationalize climate risk management: managing sovereign climate-related extreme event risk in Austria

    Schinko, Thomas; Mechler, Reinhard; Hochrainer-Stigler, Stefan
    Despite considerable uncertainties regarding the exact contribution of anthropogenic climate change to disaster risk, rising losses from extreme events have highlighted the need to comprehensively address climate-related risk. This requires linking climate adaptation to disaster risk management (DRM), leading to what has been broadly referred to as climate risk management (CRM). While this concept has received attention in debate, important gaps remain in terms of operationalizing it with applicable methods and tools for specific risks and decision-contexts. By developing and applying a methodological approach to CRM in the decision context of sovereign risk (flooding) in Austria we test the usefulness...
    (application/pdf) - 18-oct-2016

  2. Austrian Outbound Foreign Direct Investment in Europe: A spatial econometric study

    Fischer, Manfred M.; Pintar, Nico; Sargant, Benedikt
    This paper focuses on Austrian outbound foreign direct investment (FDI, measured by sales of Austrian affiliates abroad) in Europe over the period 2009-2013, using a spatial Durbin panel data model specification with fixed effects, and a spatial weight matrix based on the first-order contiguity relationship of the countries and normalised by its largest eigenvalue. Third-country effects essentially enter the empirical analysis in two major ways: first, by the endogenous spatial lag on FDI (measured by FDI into markets nearby the host country), and, second, by including an exogenous market potential variable that measures the size of markets nearby the FDI...
    (application/pdf) - 18-oct-2016

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