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Spatio-Temporal Modeling of Wildfire Risks in the U.S. Forest Sector AgEcon
Chen, Xuan; Goodwin, Barry K..
In the US forestry industry, wildfire has always been one of the leading causes of damage. This topic is of growing interest as wildfire has caused huge losses for landowners, residents and governments in recent years. While individual wildfire behavior is well studied (e.g. Butry 2009; Holmes 2010), a lot of new literature on broadscale wildfire risks (e.g. by county) is emerging (e.g. Butry et al. 2001; Prestemon et al. 2002). The papers of the latter category have provided useful suggestions for government wildfire management and policies. Although wildfire insurance for real estate owners is popular, the possibility to develop a forestry production insurance scheme accounting for wildfire risks has not yet been investigated. The purpose of our paper is...
Tipo: Conference Paper or Presentation Palavras-chave: Wildfires; Forestry; Weather; Socio-economic; Spatio-Temporal autocorrelation; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/103628
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