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Economic impacts of transportation network changes: Implementation of a combined transportation network and input-output model

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  • Tschangho John Kim
  • Heejoo Ham
  • David E. Boyce

Abstract

This article estimates and evaluates the economic impacts from a catastrophic earthquake within regional and national contexts, emphasising the inter-industry relationship in conjunction with regional commodity flows and the assessment of seismic damages on a transportation network. The analytical methods employed are twofold: a multi-regional input-output model and a regional commodity flow model. Using the above analytical framework, the economic impacts from a catastrophic earthquake are estimated and evaluated based on hypothetical scenarios of the event, by analysing the magnitude and extent of direct and indirect impacts. Furthermore, as possible extensions, the models developed here can be used as tools for strategic management of the recovery and reconstruction efforts after the event. Copyright Regional Science Association International (RSAI) Urbana, USA 2002

Suggested Citation

  • Tschangho John Kim & Heejoo Ham & David E. Boyce, 2002. "Economic impacts of transportation network changes: Implementation of a combined transportation network and input-output model," Review of Economic Design, Springer;Society for Economic Design, vol. 81(2), pages 223-246, April.
    • Handle: RePEc:spr:reecde:v:81:y:2002:i:2:p:223-246
    DOI: 10.1007/s101100100101
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    Keywords

    JEL classification: R41; R53; Key words: Economic impacts of transportation changes; transportation network changes; input-output analysis; earthquake impacts on transportation costs;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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