IDEAS home Printed from https://ideas.repec.org/a/bla/presci/v99y2020i6p1691-1722.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/pirs.12553
    Download Restriction: no

    File URL: https://libkey.io/10.1111/pirs.12553?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nina Graveline & Marine Gremont, 2017. "Measuring and understanding the microeconomic resilience of businesses to lifeline service interruptions due to natural disasters," Post-Print hal-01631780, HAL.
    2. Susan Cutter, 2016. "The landscape of disaster resilience indicators in the USA," 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. 80(2), pages 741-758, January.
    3. Peter B. Dixon & Maureen T. Rimmer & Marinos E. Tsigas, 2007. "Regionalising results from a detailed CGE model: Macro, industry and state effects in the U.S. of removing major tariffs and quotas," Papers in Regional Science, Wiley Blackwell, vol. 86(1), pages 31-55, March.
    4. Randall Jackson & Peter Schaeffer (ed.), 2017. "Regional Research Frontiers - Vol. 2," Advances in Spatial Science, Springer, number 978-3-319-50590-9.
    5. Bodenstein, Martin, 2010. "Trade elasticity of substitution and equilibrium dynamics," Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
    6. Jiangbo Xing & Ming Zhong, 2017. "A reactive container rerouting model for container flow recovery in a hub-and-spoke liner shipping network," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(6), pages 744-760, August.
    7. Joanna Resurreccion & Joost R. Santos, 2012. "Multiobjective Prioritization Methodology and Decision Support System for Evaluating Inventory Enhancement Strategies for Disrupted Interdependent Sectors," Risk Analysis, John Wiley & Sons, vol. 32(10), pages 1673-1692, October.
    8. Adam Rose & Shu‐Yi Liao, 2005. "Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 75-112, February.
    9. Zhenhua Chen & Kingsley E. Haynes, 2017. "Measuring the Impact of Infrastructure Systems Using Computable General Equilibrium Models," Advances in Spatial Science, in: Randall Jackson & Peter Schaeffer (ed.), Regional Research Frontiers - Vol. 2, chapter 0, pages 79-103, Springer.
    10. Wei Xie & Adam Rose & Shantong Li & Jianwu He & Ning Li & Tariq Ali, 2018. "Dynamic Economic Resilience and Economic Recovery from Disasters: A Quantitative Assessment," Risk Analysis, John Wiley & Sons, vol. 38(6), pages 1306-1318, June.
    11. Rose Adam Z. & Oladosu Gbadebo & Lee Bumsoo & Asay Garrett Beeler, 2009. "The Economic Impacts of the September 11 Terrorist Attacks: A Computable General Equilibrium Analysis," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 15(2), pages 217-244, July.
    12. Peter Boettke & Emily Chamlee‐Wright & Peter Gordon & Sanford Ikeda & Peter T. Leeson & Russell Sobel, 2007. "The Political, Economic, and Social Aspects of Katrina," Southern Economic Journal, John Wiley & Sons, vol. 74(2), pages 363-376, October.
    13. Jan Oosterhaven & Maaike C. Bouwmeester, 2016. "A New Approach To Modeling The Impact Of Disruptive Events," Journal of Regional Science, Wiley Blackwell, vol. 56(4), pages 583-595, September.
    14. H. Rosoff & D. Von Winterfeldt, 2007. "A Risk and Economic Analysis of Dirty Bomb Attacks on the Ports of Los Angeles and Long Beach," Risk Analysis, John Wiley & Sons, vol. 27(3), pages 533-546, June.
    15. Sungbin Cho & Peter Gordon & James E. Moore II & Harry W. Richardson & Masanobu Shinozuka & Stephanie Chang, 2001. "Integrating Transportation Network and Regional Economic Models to Estimate the Costs of a Large Urban Earthquake," Journal of Regional Science, Wiley Blackwell, vol. 41(1), pages 39-65, February.
    16. Jiyoung Park & Peter Gordon & James E. Moore & Lanlan Wang & Harry W Richardson, 2007. "Simulating the State-by-State Effects of Terrorist Attacks on Three Major US Ports: Applying NIEMO (National Interstate Economic Model)," Chapters, in: Harry W Richardson & Peter Gordon & James E. Moore II (ed.), The Economic Costs and Consequences of Terrorism, chapter 11, Edward Elgar Publishing.
    17. Yasuhide Okuyama, 2007. "Economic Modeling for Disaster Impact Analysis: Past, Present, and Future," Economic Systems Research, Taylor & Francis Journals, vol. 19(2), pages 115-124.
    18. Adam Rose & Dan Wei, 2013. "Estimating The Economic Consequences Of A Port Shutdown: The Special Role Of Resilience," Economic Systems Research, Taylor & Francis Journals, vol. 25(2), pages 212-232, June.
    19. Peter Boettke & Emily Chamlee-Wright & Peter Gordon & Sanford Ikeda & Peter T. Leeson & Russell Sobel, 2007. "The Political, Economic, and Social Aspects of Katrina," Southern Economic Journal, John Wiley & Sons, vol. 74(2), pages 363-376, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yanjie Liu & Cheng Xiang, 2024. "A Comprehensive Framework for Evaluating Bridge Resilience: Safety, Social, Environmental, and Economic Perspectives," Sustainability, MDPI, vol. 16(3), pages 1-22, January.
    2. David Rehak & Simona Slivkova & Heidi Janeckova & Dominika Stuberova & Martin Hromada, 2022. "Strengthening Resilience in the Energy Critical Infrastructure: Methodological Overview," Energies, MDPI, vol. 15(14), pages 1-14, July.
    3. Qian, Lanping & Bai, Yang & Wang, Wenya & Meng, Fanyi & Chen, Zhisong, 2023. "Natural gas crisis, system resilience and emergency responses: A China case," Energy, Elsevier, vol. 276(C).
    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dormady, Noah C. & Rose, Adam & Roa-Henriquez, Alfredo & Morin, C. Blain, 2022. "The cost-effectiveness of economic resilience," International Journal of Production Economics, Elsevier, vol. 244(C).
    2. Dormady, Noah & Roa-Henriquez, Alfredo & Rose, Adam, 2019. "Economic resilience of the firm: A production theory approach," International Journal of Production Economics, Elsevier, vol. 208(C), pages 446-460.
    3. Matteo Coronese & Davide Luzzati, 2022. "Economic impacts of natural hazards and complexity science: a critical review," LEM Papers Series 2022/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    4. Rui Huang & Arunima Malik & Manfred Lenzen & Yutong Jin & Yafei Wang & Futu Faturay & Zhiyi Zhu, 2022. "Supply-chain impacts of Sichuan earthquake: a case study using disaster input–output 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. 110(3), pages 2227-2248, February.
    5. Rose, Adam & Wei, Dan & Paul, Donald, 2018. "Economic consequences of and resilience to a disruption of petroleum trade: The role of seaports in U.S. energy security," Energy Policy, Elsevier, vol. 115(C), pages 584-615.
    6. Balakrishnan, Srijith & Lim, Taehoon & Zhang, Zhanmin, 2022. "A methodology for evaluating the economic risks of hurricane-related disruptions to port operations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 162(C), pages 58-79.
    7. Juan C. Surís-Regueiro & José L. Santiago, 2016. "An Input-Output methodological proposal to quantifying socio economic impacts linked to supply shocks," Working Papers 1603, Universidade de Vigo, Departamento de Economía Aplicada.
    8. 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.
    9. 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.
    10. Adam Rose & Misak Avetisyan & Samrat Chatterjee, 2014. "A Framework for Analyzing the Economic Tradeoffs Between Urban Commerce and Security Against Terrorism," Risk Analysis, John Wiley & Sons, vol. 34(8), pages 1554-1579, August.
    11. 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.
    12. 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.
    13. 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.
    14. 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.
    15. Araujo, Inacio F. & Donaghy, Kieran P. & Haddad, Eduardo A. & Hewings, Geoffrey J.D., 2024. "Geographical Propagation of the Economic Impacts of the ISIS Conflict in Iraq," TD NEREUS 6-2024, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    16. Zhenhua Chen & Adam Rose, 2018. "Economic resilience to transportation failure: a computable general equilibrium analysis," Transportation, Springer, vol. 45(4), pages 1009-1027, July.
    17. Adam Rose, 2015. "Macroeconomic consequences of terrorist attacks: estimation for the analysis of policies and rules," Chapters, in: Carol Mansfield & V. K. Smith (ed.), Benefit–Cost Analyses for Security Policies, chapter 8, pages 172-200, Edward Elgar Publishing.
    18. Zhengtao Zhang & Ning Li & Peng Cui & Hong Xu & Yuan Liu & Xi Chen & Jieling Feng, 2019. "How to Integrate Labor Disruption into an Economic Impact Evaluation Model for Postdisaster Recovery Periods," Risk Analysis, John Wiley & Sons, vol. 39(11), pages 2443-2456, November.
    19. Adam Rose & Charles K. Huyck, 2016. "Improving Catastrophe Modeling for Business Interruption Insurance Needs," Risk Analysis, John Wiley & Sons, vol. 36(10), pages 1896-1915, October.
    20. Meri Davlasheridze & Kayode O. Atoba & Samuel Brody & Wesley Highfield & William Merrell & Bruce Ebersole & Adam Purdue & Robert W. Gilmer, 2019. "Economic impacts of storm surge and the cost-benefit analysis of a coastal spine as the surge mitigation strategy in Houston-Galveston area in the USA," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 24(3), pages 329-354, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:presci:v:99:y:2020:i:6:p:1691-1722. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1056-8190 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.