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Intangible Flood Damage Quantification

Author

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  • Atthanan Lekuthai
  • Suphat Vongvisessomjai

Abstract

Flooding is a natural disaster that may cause tremendous tangibleand intangible damage to the national economy. The tangible damage assessment, i.e. the monetary value of all direct and indirect physical damages, has already been studied, whileintangible damages have not yet been taken into account. Thisarticle, therefore, is the first systematic attempt to assess bothtangible and intangible damages. The new proposed ‘Anxiety-Productivity and Income Interrelationgship Approach (API)’ has been developed to quantify the intangible damage in monetary terms. The Bangkok area has been selected as the research area because several severe flood events have occurredthere over the last two decades. The 1983 Bangkok flood caused 6600 million baht in damage, according to estimates by the National Statistical Office (NSO). This article examines the totalflood damage (including the intangible damage) at different flood magnitudes. Case studies ‘with’ and ‘without’ flood mitigation projects are studied and compared. Furthermore, thisarticle also discusses the improvements over the conventional approach offered by the new API methodology. Copyright Kluwer Academic Publishers 2001

Suggested Citation

  • Atthanan Lekuthai & Suphat Vongvisessomjai, 2001. "Intangible Flood Damage Quantification," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 15(5), pages 343-362, October.
    • Handle: RePEc:spr:waterr:v:15:y:2001:i:5:p:343-362
    DOI: 10.1023/A:1014489329348
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    Citations

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    Cited by:

    1. Xin Huang & Hongzhuan Tan & Jia Zhou & Tubao Yang & Abuaku Benjamin & Shi Wen & Shuoqi Li & Aizhong Liu & Xinhua Li & Shuidong Fen & Xinli Li, 2008. "Flood hazard in Hunan province of China: an economic loss analysis," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 47(1), pages 65-73, October.
    2. Nguyen Dang & Mukand Babel & Huynh Luong, 2011. "Evaluation of food risk parameters in the Day River Flood Diversion Area, Red River Delta, Vietnam," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 56(1), pages 169-194, January.
    3. Foudi, Sébastien & McCartney, Matthew & Markandya, Anil & Pascual, Unai, 2023. "The impact of multipurpose dams on the values of nature's contributions to people under a water-energy-food nexus framing," Ecological Economics, Elsevier, vol. 206(C).
    4. Van Lantz & Ryan Trenholm & Jeff Wilson & William Richards, 2012. "Assessing market and non-market costs of freshwater flooding due to climate change in the community of Fredericton, Eastern Canada," Climatic Change, Springer, vol. 110(1), pages 347-372, January.
    5. Jeroen C. J. H. Aerts & Ning Lin & Wouter Botzen & Kerry Emanuel & Hans de Moel, 2013. "Low‐Probability Flood Risk Modeling for New York City," Risk Analysis, John Wiley & Sons, vol. 33(5), pages 772-788, May.
    6. Oluwatofunmi Deborah Aribisala & Sang-Guk Yum & Manik Das Adhikari & Moon-Soo Song, 2022. "Flood Damage Assessment: A Review of Microscale Methodologies for Residential Buildings," Sustainability, MDPI, vol. 14(21), pages 1-24, October.
    7. Sohn, Jungyul, 2006. "Evaluating the significance of highway network links under the flood damage: An accessibility approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(6), pages 491-506, July.
    8. Heidi Kreibich & Anna Botto & Bruno Merz & Kai Schröter, 2017. "Probabilistic, Multivariable Flood Loss Modeling on the Mesoscale with BT‐FLEMO," Risk Analysis, John Wiley & Sons, vol. 37(4), pages 774-787, April.
    9. H. Moel & J. Aerts, 2011. "Effect of uncertainty in land use, damage models and inundation depth on flood damage estimates," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 58(1), pages 407-425, July.
    10. Chinh Luu & Jason Meding & Sittimont Kanjanabootra, 2018. "Assessing flood hazard using flood marks and analytic hierarchy process approach: a case study for the 2013 flood event in Quang Nam, Vietnam," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 90(3), pages 1031-1050, February.
    11. Mustapha Ikirri & Farid Faik & Fatima Zahra Echogdali & Isabel Margarida Horta Ribeiro Antunes & Mohamed Abioui & Kamal Abdelrahman & Mohammed S. Fnais & Abderrahmane Wanaim & Mouna Id-Belqas & Said B, 2022. "Flood Hazard Index Application in Arid Catchments: Case of the Taguenit Wadi Watershed, Lakhssas, Morocco," Land, MDPI, vol. 11(8), pages 1-20, July.
    12. Albert S. Chen & Michael J. Hammond & Slobodan Djordjević & David Butler & David M. Khan & William Veerbeek, 2016. "From hazard to impact: flood damage assessment tools for mega cities," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 82(2), pages 857-890, June.
    13. Shokhrukh-Mirzo Jalilov & Mohamed Kefi & Pankaj Kumar & Yoshifumi Masago & Binaya Kumar Mishra, 2018. "Sustainable Urban Water Management: Application for Integrated Assessment in Southeast Asia," Sustainability, MDPI, vol. 10(1), pages 1-22, January.
    14. V. Alarcon & D. Johnson & W. McAnally & J. Zwaag & D. Irby & J. Cartwright, 2014. "Nested Hydrodynamic Modeling of a Coastal River Applying Dynamic-Coupling," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(10), pages 3227-3240, August.
    15. Rotimi Joseph & David Proverbs & Jessica Lamond, 2015. "Assessing the value of intangible benefits of property level flood risk adaptation (PLFRA) measures," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(2), pages 1275-1297, November.

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