IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v24y2022i1d10.1007_s10668-021-01446-5.html
   My bibliography  Save this article

Socioeconomic spillovers of the 2016–2017 Italian earthquakes: a bi-regional inoperability model

Author

Listed:
  • Irfan Ahmed

    (Jazan University)

  • Claudio Socci

    (University of Macerata)

  • Rosita Pretaroli

    (University of Macerata)

  • Francesca Severini

    (University of Macerata)

  • Stefano Deriu

    (University of Macerata)

Abstract

In August and October 2016, and January 2017, Central Italy was shaken by four strong earthquakes followed by other earthquake swarms. These disruptive phenomena, besides bringing devastation in the territory directly involved, caused economic blackouts to important transactions among activities, with consequent different reactions in the economic performance of the whole country. Therefore, the overall economic impact of a disaster should encompass the complete representation of phenomenon, and requires an analytical framework to depict the circular flow of income in all its phases. In this perspective, the current study presents an evolution of the inoperability input–output model by introducing a new approach of bi-regional inoperability extended multisectoral model. This allows assessing the intra-regional and the inter-regional effects of the earthquakes in the production processes and in the institutional sectors disposable incomes of two Italian macro areas, the North-Centre and the South-Islands.

Suggested Citation

  • 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.
    • Handle: RePEc:spr:endesu:v:24:y:2022:i:1:d:10.1007_s10668-021-01446-5
    DOI: 10.1007/s10668-021-01446-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-021-01446-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-021-01446-5?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Yasuhide Okuyama, 2014. "Disaster And Economic Structural Change: Case Study On The 1995 Kobe Earthquake," Economic Systems Research, Taylor & Francis Journals, vol. 26(1), pages 98-117, March.
    2. Eiji Yamamura, 2010. "Effects of Interactions among Social Capital, Income and Learning from Experiences of Natural Disasters: A Case Study from Japan," Regional Studies, Taylor & Francis Journals, vol. 44(8), pages 1019-1032.
    3. Elco E. Koks & Mark Thissen, 2016. "A Multiregional Impact Assessment Model for disaster analysis," Economic Systems Research, Taylor & Francis Journals, vol. 28(4), pages 429-449, October.
    4. Mohan, Preeya S. & Ouattara, Bazoumana & Strobl, Eric, 2018. "Decomposing the Macroeconomic Effects of Natural Disasters: A National Income Accounting Perspective," Ecological Economics, Elsevier, vol. 146(C), pages 1-9.
    5. Irfan Ahmed & Claudio Socci & Francesca Severini & Rosita Pretaroli & Hassan Kasady Al Mahdi, 2020. "Unconventional monetary policy and real estate sector: a financial dynamic computable general equilibrium model for Italy," Economic Systems Research, Taylor & Francis Journals, vol. 32(2), pages 221-238, April.
    6. Andrea Karim El Meligi & Maurizio Ciaschini & Yousaf Ali Khan & Rosita Pretaroli & Francesca Severini & Claudio Socci, 2019. "The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 65(3), pages 617-631, September.
    7. 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.
    8. Erik Dietzenbacher & Ronald E. Miller, 2015. "Reflections On The Inoperability Input--Output Model," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 478-486, December.
    9. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-873, December.
    10. 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.
    11. Maurizio Ciaschini & Andrea Karim El Meligi & Nicoleta Anca Matei & Rosita Pretaroli & Claudio Socci, 2015. "European Structural Funds and Labor Force Requirement in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 134-153, December.
    12. Geoffrey J. D. Hewings & Michael Sonis & Moss Madden & Yoshio Kimura (ed.), 1999. "Understanding and Interpreting Economic Structure," Advances in Spatial Science, Springer, number 978-3-662-03947-2, February.
    13. Maurizio Ciaschini & Claudio Socci, 2007. "Bi†Regional Sam Linkages: A Modified Backward And Forward Dispersion Approach," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 19(3), pages 233-254, November.
    14. -, 2003. "Handbook for estimating the socio-economic and environmental effects of disasters," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2782 edited by Eclac, May.
    15. Adam Rose, 2004. "Economic Principles, Issues, and Research Priorities in Hazard Loss Estimation," Advances in Spatial Science, in: Yasuhide Okuyama & Stephanie E. Chang (ed.), Modeling Spatial and Economic Impacts of Disasters, chapter 2, pages 13-36, Springer.
    16. Claudio Socci & Maurizio Ciaschini & Andrea Karim El Meligi, 2014. "CO2 emissions and value added change: assessing the trade-off through the macro multiplier approach," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(2), pages 49-74.
    17. Yoshio Kajitani & Hirokazu Tatano, 2014. "Estimation Of Production Capacity Loss Rate After The Great East Japan Earthquake And Tsunami In 2011," Economic Systems Research, Taylor & Francis Journals, vol. 26(1), pages 13-38, March.
    18. Irfan Ahmed & Claudio Socci & Francesca Severini & Qaiser Rafique Yasser & Rosita Pretaroli, 2018. "The structures of production, final demand and agricultural output: a Macro Multipliers analysis of the Nigerian economy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 691-739, December.
    19. 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.
    20. Yasuhide Okuyama & Michael Sonis & Geoffrey J. D. Hewings, 1999. "Economic Impacts of an Unscheduled, Disruptive Event: A Miyazawa Multiplier Analysis," Advances in Spatial Science, in: Geoffrey J. D. Hewings & Michael Sonis & Moss Madden & Yoshio Kimura (ed.), Understanding and Interpreting Economic Structure, chapter 6, pages 113-143, Springer.
    21. Sam Cole, 2004. "Geohazards in Social Systems: An Insurance Matrix Approach," Advances in Spatial Science, in: Yasuhide Okuyama & Stephanie E. Chang (ed.), Modeling Spatial and Economic Impacts of Disasters, chapter 6, pages 103-118, Springer.
    22. 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.
    23. Stéphane Hallegatte, 2008. "An adaptive regional input-output model and its application to the assessment of the economic cost of Katrina," Post-Print hal-00716550, HAL.
    Full references (including those not matched with items on IDEAS)

    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. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. Yasuhide Okuyama, 2010. "Globalization and Localization of Disaster Impacts: An Empirical Examination," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(02), pages 56-66, July.
    13. 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.
    14. 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.
    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. 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.
    17. 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.
    18. 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.
    19. David Nortes Martínez & Frédéric Grelot & Pauline Bremond & Stefano Farolfi & Juliette Rouchier, 2021. "Are interactions important in estimating flood damage to economic entities? The case of wine-making in France," Post-Print hal-03609616, HAL.
    20. Yasuhide Okuyama, 2015. "How shaky was the regional economy after the 1995 Kobe earthquake? A multiplicative decomposition analysis of disaster impact," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 55(2), pages 289-312, December.

    More about this item

    Keywords

    Inoperability models; Income distribution; Social accounting matrix; Disaster impact analysis; Socioeconomic spillovers;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    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:spr:endesu:v:24:y:2022:i:1:d:10.1007_s10668-021-01446-5. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.