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Economic Principles, Issues, and Research Priorities in Hazard Loss Estimation

In: Modeling Spatial and Economic Impacts of Disasters

Citations

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Cited by:

  1. Haddad, Eduardo & Teixeira, Eliane, 2013. "Economic Impacts of Natural Disasters in Megacities: The Case of Floods in São Paulo, Brazil," TD NEREUS 4-2013, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
  2. Paul Raschky, 2007. "Estimating the effects of risk transfer mechanisms against floods in Europe and U.S.A.: A dynamic panel approach," Working Papers 2007-05, Faculty of Economics and Statistics, Universität Innsbruck.
  3. Loayza, Norman V. & Olaberría, Eduardo & Rigolini, Jamele & Christiaensen, Luc, 2012. "Natural Disasters and Growth: Going Beyond the Averages," World Development, Elsevier, vol. 40(7), pages 1317-1336.
  4. Joost R. Santos, 2006. "Inoperability input‐output modeling of disruptions to interdependent economic systems," Systems Engineering, John Wiley & Sons, vol. 9(1), pages 20-34, March.
  5. Samiul Hasan & Greg Foliente, 2015. "Modeling infrastructure system interdependencies and socioeconomic impacts of failure in extreme events: emerging R&D challenges," 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. 78(3), pages 2143-2168, September.
  6. Masato Yamazaki & Atsushi Koike & Yoshinori Sone, 2018. "A Heuristic Approach to the Estimation of Key Parameters for a Monthly, Recursive, Dynamic CGE Model," Economics of Disasters and Climate Change, Springer, vol. 2(3), pages 283-301, October.
  7. Otto, C. & Willner, S.N. & Wenz, L. & Frieler, K. & Levermann, A., 2017. "Modeling loss-propagation in the global supply network: The dynamic agent-based model acclimate," Journal of Economic Dynamics and Control, Elsevier, vol. 83(C), pages 232-269.
  8. Haddad Eduardo Amaral & Okuyama Yasuhide, 2016. "Spatial Propagation of the Economic Impacts of Bombing: The Case of the 2006 War in Lebanon," Review of Middle East Economics and Finance, De Gruyter, vol. 12(3), pages 225-256, December.
  9. Jie Zhang & Meng Lu & Lulu Zhang & Yadong Xue, 2021. "Assessing indirect economic losses of landslides along highways," 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. 106(3), pages 2775-2796, April.
  10. Aaron B. Gertz & James B. Davies & Samantha L. Black, 2019. "A CGE Framework for Modeling the Economics of Flooding and Recovery in a Major Urban Area," Risk Analysis, John Wiley & Sons, vol. 39(6), pages 1314-1341, June.
  11. Lorenzo Carrera & Gabriele Standardi & Francesco Bosello & Jaroslav Mysiak, 2014. "Assessing Direct and Indirect Economic Impacts of a Flood Event Through the Integration of Spatial and Computable General Equilibrium Modelling," Working Papers 2014.82, Fondazione Eni Enrico Mattei.
  12. Barker, Kash & Haimes, Yacov Y., 2009. "Assessing uncertainty in extreme events: Applications to risk-based decision making in interdependent infrastructure sectors," Reliability Engineering and System Safety, Elsevier, vol. 94(4), pages 819-829.
  13. Adam Rose, 2022. "Behavioral Economic Consequences of Disasters: A Basis for Inclusion in Benefit–Cost Analysis," Economics of Disasters and Climate Change, Springer, vol. 6(2), pages 213-233, July.
  14. Stafford, Kathryn & Danes, Sharon M. & Haynes, George W., 2013. "Long-term family firm survival and growth considering owning family adaptive capacity and federal disaster assistance receipt," Journal of Family Business Strategy, Elsevier, vol. 4(3), pages 188-200.
  15. Kousky, Carolyn, 2012. "Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options," RFF Working Paper Series dp-12-28, Resources for the Future.
  16. Johanna Choumert-Nkolo & Anaïs Lamour & Pascale Phélinas, 2021. "The Economics of Volcanoes," Economics of Disasters and Climate Change, Springer, vol. 5(2), pages 277-299, July.
  17. Jiyoung Park & James E. Moore & Peter Gordon & Harry W. Richardson, 2017. "A New Approach to Quantifying the Impact of Hurricane-Disrupted Oil Refinery Operations Utilizing Secondary Data," Group Decision and Negotiation, Springer, vol. 26(6), pages 1125-1144, November.
  18. Elena Ianchovichina & Maros Ivanic, 2016. "Economic Effects of the Syrian War and the Spread of the Islamic State on the Levant," The World Economy, Wiley Blackwell, vol. 39(10), pages 1584-1627, October.
  19. Balbi Stefano & Giupponi Carlo & Mojtahed Vahid & Olschewski Roland, 2015. "The Total Cost of Water-Related Disasters," Review of Economics, De Gruyter, vol. 66(2), pages 225-252, August.
  20. Pradeep V. Mandapaka & Edmond Y. M. Lo, 2023. "Assessing Shock Propagation and Cascading Uncertainties Using the Input–Output Framework: Analysis of an Oil Refinery Accident in Singapore," Sustainability, MDPI, vol. 15(2), pages 1-24, January.
  21. 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: 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. 61(2), pages 603-620, March.
  22. Marija Boèkarjova, 2005. "Economic Scenarios of Flood Risks - a Look at Regional Development," ERSA conference papers ersa05p540, European Regional Science Association.
  23. Severin Reissl & Alessandro Caiani & Francesco Lamperti & Tommaso Ferraresi & Leonardo Ghezzi, 2024. "A regional input-output model of the COVID-19 crisis in Italy: decomposing demand and supply factors," Economic Systems Research, Taylor & Francis Journals, vol. 36(1), pages 100-130, January.
  24. Jan Oosterhaven, 2017. "On the limited usability of the inoperability IO model," Economic Systems Research, Taylor & Francis Journals, vol. 29(3), pages 452-461, July.
  25. Ouyang, Min, 2014. "Review on modeling and simulation of interdependent critical infrastructure systems," Reliability Engineering and System Safety, Elsevier, vol. 121(C), pages 43-60.
  26. Chenyang Lian & Yacov Y. Haimes, 2006. "Managing the risk of terrorism to interdependent infrastructure systems through the dynamic inoperability input–output model," Systems Engineering, John Wiley & Sons, vol. 9(3), pages 241-258, September.
  27. Joost R. Santos & John Frederick D. Tapia & Albert Lamberte & Christine Alyssa Solis & Raymond R. Tan & Kathleen B. Aviso & Krista Danielle S. Yu, 2022. "Uncertainty Analysis of Business Interruption Losses in the Philippines Due to the COVID-19 Pandemic," Economies, MDPI, vol. 10(8), pages 1-18, August.
  28. Junko Mochizuki & Asjad Naqvi, 2019. "Reflecting Disaster Risk in Development Indicators," Sustainability, MDPI, vol. 11(4), pages 1-14, February.
  29. Linn Svegrup & Jonas Johansson & Henrik Hassel, 2019. "Integration of Critical Infrastructure and Societal Consequence Models: Impact on Swedish Power System Mitigation Decisions," Risk Analysis, John Wiley & Sons, vol. 39(9), pages 1970-1996, September.
  30. Lopez, Ramon, 2009. "Natural disasters and the dynamics of intangible assets," Policy Research Working Paper Series 4874, The World Bank.
  31. Heflin, Colleen & Jensen, Jennifer & Miller, Kathleen, 2014. "Understanding the economic impacts of disruptions in water service," Evaluation and Program Planning, Elsevier, vol. 46(C), pages 80-86.
  32. Albert E. Steenge & Marija Boèkarjova, 2005. "Thinking about Big Floods in a Small Country - Dutch Modelling Exercises," ERSA conference papers ersa05p314, European Regional Science Association.
  33. Jahn, Malte, 2014. "A spatial computable general equilibrium model for the analysis of regional climate change impacts and adaptation policies," HWWI Research Papers 154, Hamburg Institute of International Economics (HWWI).
  34. 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 Technological University, School of Social Sciences, Economic Growth Centre.
  35. Stéphane Hallegatte, 2014. "Modeling the Role of Inventories and Heterogeneity in the Assessment of the Economic Costs of Natural Disasters," Risk Analysis, John Wiley & Sons, vol. 34(1), pages 152-167, January.
  36. Hassan Al-Zarooni & Hamdi Bashir, 0. "An integrated ISM fuzzy MICMAC approach for modeling and analyzing electrical power system network interdependencies," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-23.
  37. Kilian Kuhla & Sven Norman Willner & Christian Otto & Leonie Wenz & Anders Levermann, 2021. "Future heat stress to reduce people’s purchasing power," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-17, June.
  38. Inoue, Hiroyasu & Todo, Yasuyuki, 2017. "Firm-level simulation of supply chain disruption triggered by actual and predicted earthquakes," MPRA Paper 82920, University Library of Munich, Germany, revised 22 Feb 2017.
  39. Jahn, Malte, 2013. "Economics of extreme weather events in cities: Terminology and regional impact models," HWWI Research Papers 143, Hamburg Institute of International Economics (HWWI).
  40. Kuhla, Kilian & Willner, Sven N & Otto, Christian & Levermann, Anders, 2023. "Resilience of international trade to typhoon-related supply disruptions," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
  41. Weijiang Li & Jiahong Wen & Bo Xu & Xiande Li & Shiqiang Du, 2018. "Integrated Assessment of Economic Losses in Manufacturing Industry in Shanghai Metropolitan Area Under an Extreme Storm Flood Scenario," Sustainability, MDPI, vol. 11(1), pages 1-19, December.
  42. Andre F. T. Avelino & Sandy Dall'erba, 2019. "Comparing the Economic Impact of Natural Disasters Generated by Different Input–Output Models: An Application to the 2007 Chehalis River Flood (WA)," Risk Analysis, John Wiley & Sons, vol. 39(1), pages 85-104, January.
  43. Hassan Al-Zarooni & Hamdi Bashir, 2020. "An integrated ISM fuzzy MICMAC approach for modeling and analyzing electrical power system network interdependencies," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1204-1226, December.
  44. Iman Rahimi Aloughareh & Mohsen Ghafory Ashtiany & Kiarash Nasserasadi, 2016. "An Integrated Methodology For Regional Macroeconomic Loss Estimation Of Earthquake: A Case Study Of Tehran," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-24, September.
  45. Hirokazu Tatano & Satoshi Tsuchiya, 2008. "A framework for economic loss estimation due to seismic transportation network disruption: a spatial computable general equilibrium approach," 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. 44(2), pages 253-265, February.
  46. Irfan Ahmed & Claudio Socci & Rosita Pretaroli & Francesca Severini & Stefano Deriu, 2022. "Socioeconomic spillovers of the 2016–2017 Italian earthquakes: a bi-regional inoperability model," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 426-453, January.
  47. Chen, Li-Ming & Chang, Wei-Lun, 2021. "Supply- and cyber-related disruptions in cloud supply chain firms: Determining the best recovery speeds," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 151(C).
  48. Henriet, Fanny & Hallegatte, Stephane, 2008. "Assessing the Consequences of Natural Disasters on Production Networks: A Disaggregated Approach," Coalition Theory Network Working Papers 46657, Fondazione Eni Enrico Mattei (FEEM).
  49. Ilan Noy & Rio Yonson, 2018. "Economic Vulnerability and Resilience to Natural Hazards: A Survey of Concepts and Measurements," Sustainability, MDPI, vol. 10(8), pages 1-16, August.
  50. Yanfang Lyu & Yun Xiang & Dong Wang, 2023. "Evaluating Indirect Economic Losses from Flooding Using Input–Output Analysis: An Application to China’s Jiangxi Province," IJERPH, MDPI, vol. 20(5), pages 1-17, March.
  51. Naqvi, Asjad, 2017. "Deep Impact: Geo-Simulations as a Policy Toolkit for Natural Disasters," World Development, Elsevier, vol. 99(C), pages 395-418.
  52. Michael A. Hamilton & Tao Hong & Elizabeth Casman & Patrick L. Gurian, 2015. "Risk‐Based Decision Making for Reoccupation of Contaminated Areas Following a Wide‐Area Anthrax Release," Risk Analysis, John Wiley & Sons, vol. 35(7), pages 1348-1363, July.
  53. Oosterhaven, Jan, 2015. "On the doubtful usability of the inoperability IO model," Research Report 15008-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
  54. Otto, Christian & Willner, Sven Norman & Wenz, Leonie & Frieler, Katja & Levermann, Anders, 2017. "Modeling loss-propagation in the global supply network: The dynamic agent-based model acclimate," OSF Preprints 7yyhd, Center for Open Science.
  55. Ania A Drzewiecka, 2023. "From Human Doing to Human Being – The Metacognitive Model for Well-Being Resilience in the Workplace," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(11), pages 1023-1048, November.
  56. Baghersad, Milad & Zobel, Christopher W., 2015. "Economic impact of production bottlenecks caused by disasters impacting interdependent industry sectors," International Journal of Production Economics, Elsevier, vol. 168(C), pages 71-80.
  57. Safarzyńska, Karolina & Brouwer, Roy & Hofkes, Marjan, 2013. "Evolutionary modelling of the macro-economic impacts of catastrophic flood events," Ecological Economics, Elsevier, vol. 88(C), pages 108-118.
  58. Yi Chen & Zhicong Ye & Hui Liu & Ruishan Chen & Zhenhuan Liu & Hui Liu, 2021. "A GIS-Based Approach for Flood Risk Zoning by Combining Social Vulnerability and Flood Susceptibility: A Case Study of Nanjing, China," IJERPH, MDPI, vol. 18(21), pages 1-17, November.
  59. David Mendoza‐Tinoco & Yixin Hu & Zhao Zeng & Konstantinos J. Chalvatzis & Ning Zhang & Albert E. Steenge & Dabo Guan, 2020. "Flood Footprint Assessment: A Multiregional Case of 2009 Central European Floods," Risk Analysis, John Wiley & Sons, vol. 40(8), pages 1612-1631, August.
  60. Catherine Murray & Garry McDonald & Shane Cronin, 2015. "Interpreting Auckland’s volcanic governance through an institutional lens," 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. 75(1), pages 441-464, January.
  61. Tariqur Rahman Bhuiyan & Ah Choy Er & Nurfashareena Muhamad & Joy Jacqueline Pereira, 2021. "The socioeconomic impact of climate-related hazards: flash flood impact assessment in Kuala Lumpur, Malaysia," 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. 109(2), pages 1509-1538, November.
  62. Banerjee, Onil & Bark, Rosalind & Connor, Jeff & Crossman, Neville D., 2013. "An ecosystem services approach to estimating economic losses associated with drought," Ecological Economics, Elsevier, vol. 91(C), pages 19-27.
  63. Jonkman, S.N. & Bockarjova, M. & Kok, M. & Bernardini, P., 2008. "Integrated hydrodynamic and economic modelling of flood damage in the Netherlands," Ecological Economics, Elsevier, vol. 66(1), pages 77-90, May.
  64. Stefano Balbi & Carlo Giupponi & Roland Olschewski & Vahid Mojtahed, 2013. "The economics of hydro-meteorological disasters: approaching the estimation of the total costs," Working Papers 2013-12, BC3.
  65. Muhammad Abdullah Khalid & Yousaf Ali, 2020. "Economic impact assessment of natural disaster with multi-criteria decision making for interdependent infrastructures," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7287-7311, December.
  66. Stefan Hochrainer-Stigler & Juraj Balkovič & Kadri Silm & Anna Timonina-Farkas, 2019. "Large scale extreme risk assessment using copulas: an application to drought events under climate change for Austria," Computational Management Science, Springer, vol. 16(4), pages 651-669, October.
  67. Kilgarriff, Paul & McDermott, T.K.J. & Vega, Amaya & Morrissey , Karyn & O’Donoghue, Cathal, 2018. "Flooding disruption and the impact on the spatial distribution of commuter’s income," Working Papers 309608, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
  68. Selerio, Egberto & Maglasang, Renan, 2021. "Minimizing production loss consequent to disasters using a subsidy optimization model: a pandemic case," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 112-124.
  69. Stéphane Hallegatte, 2012. "Modeling the roles of heterogeneity, substitution, and inventories in the assessment of natural disaster economic costs," Post-Print hal-00802050, HAL.
  70. Melanie Gall & Kevin A. Borden & Christopher T. Emrich & Susan L. Cutter, 2011. "The Unsustainable Trend of Natural Hazard Losses in the United States," Sustainability, MDPI, vol. 3(11), pages 1-25, November.
  71. Hallegatte, Stephane, 2014. "Economic resilience: definition and measurement," Policy Research Working Paper Series 6852, The World Bank.
  72. Giovanni Marin & Marco Modica, 2016. "Mapping the exposure to natural disaster losses for Italian municipalities," SEEDS Working Papers 0916, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Oct 2016.
  73. E. E. Koks & M. Bočkarjova & H. de Moel & J. C. J. H. Aerts, 2015. "Integrated Direct and Indirect Flood Risk Modeling: Development and Sensitivity Analysis," Risk Analysis, John Wiley & Sons, vol. 35(5), pages 882-900, May.
  74. Trond G. Husby & Elco E. Koks, 2017. "Household migration in disaster impact analysis: incorporating behavioural responses to risk," 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. 87(1), pages 287-305, May.
  75. Wenzel, Lars & Wolf, André, 2013. "Protection against major catastrophes: An economic perspective," HWWI Research Papers 137, Hamburg Institute of International Economics (HWWI).
  76. Lijiao Yang & Yoshio Kajitani & Hirokazu Tatano & Xinyu Jiang, 2016. "A methodology for estimating business interruption loss caused by flood disasters: insights from business surveys after Tokai Heavy Rain in Japan," 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. 84(1), pages 411-430, November.
  77. Jun Li & Douglas Crawford‐Brown & Mark Syddall & Dabo Guan, 2013. "Modeling Imbalanced Economic Recovery Following a Natural Disaster Using Input‐Output Analysis," Risk Analysis, John Wiley & Sons, vol. 33(10), pages 1908-1923, October.
  78. Yasuhide Okuyama, 2016. "Long-Run Effect Of A Disaster: Case Study On The Kobe Earthquake," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(01), pages 1-18, March.
  79. Michael Berlemann & Max Friedrich Steinhardt, 2017. "Climate Change, Natural Disasters, and Migration—a Survey of the Empirical Evidence," CESifo Economic Studies, CESifo Group, vol. 63(4), pages 353-385.
  80. Kousky, Carolyn, 2014. "Informing climate adaptation: A review of the economic costs of natural disasters," Energy Economics, Elsevier, vol. 46(C), pages 576-592.
  81. Okuyama, Yasuhide & Sahin, Sebnem, 2009. "Impact estimation of disasters : a global aggregate for 1960 to 2007," Policy Research Working Paper Series 4963, The World Bank.
  82. Andrea M. Leiter & Harald Oberhofer & Paul A. Raschky, "undated". "Productive disasters? Evidence from European firm level data," Working Papers 2007-25, Faculty of Economics and Statistics, Universität Innsbruck.
  83. Andrea Leiter & Harald Oberhofer & Paul Raschky, 2009. "Creative Disasters? Flooding Effects on Capital, Labour and Productivity Within European Firms," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 333-350, July.
  84. K. Jenkins, 2013. "Indirect economic losses of drought under future projections of climate change: a case study for Spain," 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. 69(3), pages 1967-1986, December.
  85. Hiroyasu Inoue & Yasuyuki Todo, 2019. "Propagation of negative shocks across nation-wide firm networks," PLOS ONE, Public Library of Science, vol. 14(3), pages 1-17, March.
  86. Jan Oosterhaven & Johannes Többen, 2017. "Wider economic impacts of heavy flooding in Germany: a non-linear programming approach," Spatial Economic Analysis, Taylor & Francis Journals, vol. 12(4), pages 404-428, October.
  87. Zhuoqun Gao & R. Richard Geddes & Tao Ma, 2020. "Direct and Indirect Economic Losses Using Typhoon-Flood Disaster Analysis: An Application to Guangdong Province, China," Sustainability, MDPI, vol. 12(21), pages 1-22, October.
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