An Economic Assessment of Torrent and Avalanche Control Measures in Austria. The Supply of Protective Constructions and Future Demand
This study analyses the economic impacts of investments in torrent and avalanche control measures in Austria and makes an assessemt for future demand for such services. Econometric methods are employed in order to identify and to quantify effects for the rural economy. Apart from raising the demand for goods and services of the construction sector, investments in torrent and avalanche control measures have several economic benefits for the local economy. The study provides perspectives and detailed regional assessments for places with potential future needs for investment in protective constructions to prevent damage from avalanches and torrents.