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Economic Modeling for Disaster Impact Analysis: Past, Present, and Future

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  • Yasuhide Okuyama
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    Abstract

    Analyzing economic impacts of disasters has attracted interest from a wide audience in recent years, not only because of the frequent occurrence of large natural disasters worldwide but also because of the spread of terrorism to a global scale. This paper reviews past modeling studies for economic impact analysis of disasters, focusing especially on the input-output model and related modeling frameworks, such as the social accounting matrix and the computable general equilibrium model. The paper also discusses the issues of disaster modeling raised by the literature, and proposes some future directions.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/09535310701328435
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Economic Systems Research.

    Volume (Year): 19 (2007)
    Issue (Month): 2 ()
    Pages: 115-124

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    Handle: RePEc:taf:ecsysr:v:19:y:2007:i:2:p:115-124

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    Related research

    Keywords: Impact analysis; disasters; input-output; extensions;

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    Cited by:
    1. Eduardo Amaral Haddad & Yasuhide Okuyama, 2014. "Spatial Propagation Of The Economicimpacts Of Bombing: The Case Of The 2006 War In Lebanon," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 166, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    2. Jing-Li Fan & Qiao-Mei Liang & Xiao-Jie Liang & Hirokazu Tatano & Yoshio Kajitani & Yi-Ming Wei, 2014. "National vulnerability to extreme climatic events: the cases of electricity disruption in China and Japan," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 71(3), pages 1937-1956, April.
    3. K. Jenkins, 2013. "Indirect economic losses of drought under future projections of climate change: a case study for Spain," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 69(3), pages 1967-1986, December.
    4. Lazzaroni, S. & van Bergeijk, P.A.G., 2013. "Natural disasters impact, factors of resilience and development: A meta-analysis of the macroeconomic literature," ISS Working Papers - General Series 554, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    5. Barker, Kash & Santos, Joost R., 2010. "Measuring the efficacy of inventory with a dynamic input-output model," International Journal of Production Economics, Elsevier, vol. 126(1), pages 130-143, July.
    6. H. Lin & Y. Kuo & D. Shaw & M. Chang & T. Kao, 2012. "Regional economic impact analysis of earthquakes in northern Taiwan and its implications for disaster reduction policies," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 61(2), pages 603-620, March.
    7. van Bergeijk, P.A.G. & Lazzaroni, S., 2013. "Macroeconomics of natural disasters," ISS Working Papers - General Series 50075, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    8. Suman K SHARMA, 2010. "Socio-Economic Aspects of Disaster’s Impact: An Assessment of Databases and Methodologies," Economic Growth centre Working Paper Series 1001, Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre.

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