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Evaluating the role of resilience in reducing economic losses from disasters: A multi‐regional analysis of a seaport disruption

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  • Dan Wei
  • Zhenhua Chen
  • Adam Rose

Abstract

Models to estimate economic impacts of disasters have recently been augmented to include resilience. However, most research has incorporated only a limited set of resilience tactics and has not estimated their individual loss reduction effect. We present a comprehensive framework for estimating the relative effects of a broad set of post‐disaster resilience tactics. Our methodological innovation is illustrated by adapting the TERM multi‐regional CGE model for a seaport disruption, distinguishing inherent resilience working through the price system from adaptive resilience and other inherent tactics to cope with input shortages. We also overcome a path‐dependency problem in the modelling process. Los modelos para estimar los efectos económicos de los desastres se han mejorado recientemente para poder incluir la resiliencia. Sin embargo, la mayoría de las investigaciones han incorporado sólo un conjunto limitado de tácticas de resiliencia y no han estimado su efecto de reducción de pérdidas individuales. Este artículo presenta un marco integral para estimar los efectos relativos de un amplio conjunto de tácticas de resiliencia posteriores a un desastre. Esta innovación metodológica se ilustra mediante la adaptación del modelo EGC multirregional TERM para una perturbación de un puerto marítimo, distinguiendo la resiliencia inherente, que funciona a través del sistema de precios, de la resiliencia adaptativa y otras tácticas inherentes para hacer frente a la escasez de insumos. También se subsana el problema de dependencia de la trayectoria en el proceso de modelización. 災害による経済的影響を推計するモデルは、最近では、レジリエンスを含むように拡大されている。ところが、ほとんどの研究では、限定されたレジリエンス戦略しか組み込んでおらず、個々の損失低減効果の推定を行っていない。本稿では、広範な災害後のレジリエンス戦略相対的効果を推定する包括的フレームワークを提示する。我々の研究方法のイノベーションは、TERM多地域CGEモデルを港湾破壊に応用し、価格システムを通して機能する固有のレジリエンスを、適応レジリエンス及びインプット不足に対処する他の固有の戦術と区別することにより示される。また、モデリング過程における経路依存問題を克服している。

Suggested Citation

  • Dan Wei & Zhenhua Chen & Adam Rose, 2020. "Evaluating the role of resilience in reducing economic losses from disasters: A multi‐regional analysis of a seaport disruption," Papers in Regional Science, Wiley Blackwell, vol. 99(6), pages 1691-1722, December.
  • Handle: RePEc:bla:presci:v:99:y:2020:i:6:p:1691-1722
    DOI: 10.1111/pirs.12553
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    4. Yuchen Hu & Harvey Cutler & Yihua Mao, 2023. "Economic Loss Assessment for Losses Due to Earthquake under an Integrated Building, Lifeline, and Transportation Nexus: A Spatial Computable General Equilibrium Approach for Shelby County, TN," Sustainability, MDPI, vol. 15(11), pages 1-24, May.

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