climate-2019-scientifictracks-abstracts

2 / 8

conferenceseries LLC Ltd
Find More Information @ April 2019 Conference Series LLC Ltd 20
6th World Congress on
Climate Change and Global Warming
April 24-25, 2019 | Vancouver, Canada
JOURNAL OF EARTH SCIENCE & CLIMATIC CHANGE, 2019 VOLUME 10 | DOI: 10.4172/2157-7617-C1-056 SCIENTIFIC TRACK| DAY 1
Econometric evaluation
of extreme weather and
climate events inAtlantic
Canada
Yuri Yevdokimov, Victor Anim Opare and
Xiaomeng Wang
University of New Brunswick,
Canada
In recent years Atlantic Canada
has seen many examples
of extreme weather and
climate events such as floods,
hurricanes, thunderstorms,
severe rainfalls and snowstorms,
storm surges, heat waves and
others. These extreme weather
events resulted in significant
economic damage which has
affected the lives of people
in the region as well as public
finances. The existing literature
on extreme weather and climate
events claims that the frequency
and magnitude of these events
are going to increase in the
future due to changing the
climate. In this regard, this
study addresses two issues-
establishing the link between
climate change and extreme
weather events on the one hand
and evaluating economic damage
from those events on the other
– by means of rigorous statistical
analysis. The relationship
between frequencies of floods,
hurricanes, heavy rainfalls
and snowstorms and climate
variables such as temperature,
precipitation and sea level is
established on the basis of the
log-log complimentary model
and Poisson regressions. Other
specific factors associated with
each extreme weather event
are used as control variables.
Our estimation based on
these statistical methods has
shown a strong and statistically
significant positive correlation
between frequencies of the
above mentioned extreme
weather events and climate
variables which proves the link
between frequencies of these
events and climate change in
Atlantic Canada. These results
are the basis for estimation of
the so-called damage functions
associated with extreme weather
events in Atlantic Canada
that will provide economic
justification for the investments
into preventive and mitigation
measures in the region.
Biography
Yuri Yevdokimov is a Professor at the
University of New Brunswick (Fredericton,
Canada). Having completed degrees in
economics and engineering, he holds a
joint appointment in the departments
of Economics and Civil Engineering. Dr.
Yevdokimov’s research interests lie in the
field of sustainable development and climate
change impacts particularly sustainable
transportation and climate change impacts
on regional economy. His work has been
published in academic journals and
conference proceedings in USA, UK, Canada,
France, Greece, Germany, India, China,
Croatia and former USSR, particularly in
Russia and Ukraine. To date Dr. Yevdokimov
has more than 20 publications. One
monograph, three textbooks, fifteen refereed
journal articles and nine chapters in books
are among these publications. Currently
Dr. Yevdokimov teaches in undergraduate
and graduate programs in economics and
civil engineering at the University of New
Brunswick and conducts research in the areas
of climate change impacts on transportation,
energy economics and political economy of
emerging economies.