Economic Consequence Analysis Of Disasters

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Economic Consequence Analysis of Disasters

Author : Adam Rose,Fynnwin Prager,Zhenhua Chen,Samrat Chatterjee,Dan Wei,Nathaniel Heatwole,Eric Warren
Publisher : Springer
Page : 176 pages
File Size : 48,9 Mb
Release : 2017-04-13
Category : Business & Economics
ISBN : 9789811025679

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Economic Consequence Analysis of Disasters by Adam Rose,Fynnwin Prager,Zhenhua Chen,Samrat Chatterjee,Dan Wei,Nathaniel Heatwole,Eric Warren Pdf

This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches. The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.

Advances in Spatial and Economic Modeling of Disaster Impacts

Author : Yasuhide Okuyama,Adam Rose
Publisher : Springer Nature
Page : 422 pages
File Size : 54,5 Mb
Release : 2019-11-08
Category : Business & Economics
ISBN : 9783030162375

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Advances in Spatial and Economic Modeling of Disaster Impacts by Yasuhide Okuyama,Adam Rose Pdf

This book presents essential advances in analytical frameworks and tools for modeling the spatial and economic impacts of disasters. In the wake of natural disasters, such as Hurricane Katrina, the Haiti Earthquake, and the East Japan Earthquake and Tsunami, as well as major terrorist attacks, the book analyzes disaster impacts from various perspectives, including resilience, space-time extensions, and decision-making strategies, in order to better understand how and to what extent these events impact economies and societies around the world. The contributing authors are internationally recognized experts from various disciplines, such as economics, geography, planning, regional science, civil engineering, and risk management. Thanks to the insights they provide, the book will benefit not only researchers in these and related fields, but also graduate students, disaster management professionals, and other decision-makers.

The Economic Impacts of Natural Disasters

Author : Debarati Guha-Sapir,Indhira Santos,Alexandre Borde
Publisher : Oxford University Press
Page : 341 pages
File Size : 55,5 Mb
Release : 2013-05-23
Category : Business & Economics
ISBN : 9780199841936

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The Economic Impacts of Natural Disasters by Debarati Guha-Sapir,Indhira Santos,Alexandre Borde Pdf

This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.

The Economic Impacts of Natural Disasters

Author : Debarati Guha-Sapir,Indhira Santos,Alexandre Borde
Publisher : Oxford University Press
Page : 417 pages
File Size : 43,7 Mb
Release : 2013-05-02
Category : Business & Economics
ISBN : 9780199339808

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The Economic Impacts of Natural Disasters by Debarati Guha-Sapir,Indhira Santos,Alexandre Borde Pdf

Since the turn of the millennium, more than one million people have been killed and 2.3 billion others have been directly affected by natural disasters around the world. In cases like the 2010 Haiti earthquake or the 2004 Indian Ocean tsunami, these disasters have time and time again wrecked large populations and national infrastructures. While recognizing that improved rescue, evacuation, and disease control are crucial to reducing the effects of natural disasters, in the final analysis, poverty remains the main risk factor determining the long-term impact of natural hazards. Furthermore, natural disasters have themselves a tremendous impact on the poorest of the poor, who are often ill-prepared to deal with natural hazards and for whom a hurricane, an earthquake, or a drought can mean a permanent submersion in poverty. The Economic Impacts of Natural Disasters focuses on these concerns for poverty and vulnerability. Written by a collection of esteemed scholars in disaster management and sustainable development, the report provides an overview of the general trends in natural disasters and their effects by focusing on a critical analysis of different methodologies used to assess the economic impact of natural disasters. Economic Impacts presents six national case studies (Bangladesh, Vietnam, India, Nicaragua, Japan and the Netherlands) and shows how household surveys and country-level macroeconomic data can analyze and quantify the economic impact of disasters. The researchers within Economic Impacts have created path-breaking work and have opened new avenues for thinking and debate to push forward the frontiers of knowledge on economics of natural disasters.

National Economic Impact Analysis of Terrorist Attacks and Natural Disasters

Author : Harry W. Richardson,JiYoung Park,James E. Moore II,Qisheng Pan
Publisher : Edward Elgar Publishing
Page : 293 pages
File Size : 44,6 Mb
Release : 2014-11-28
Category : Business & Economics
ISBN : 9781783475865

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National Economic Impact Analysis of Terrorist Attacks and Natural Disasters by Harry W. Richardson,JiYoung Park,James E. Moore II,Qisheng Pan Pdf

øA unique contribution towards mitigation is offered in this book, which develops a national economic impact model to estimate the effects of simulated terrorist attacks and real world natural disasters on individual US States and economic sectors. The

Methodologies for Estimating the Economic Impacts of Natural Disasters

Author : Hirokazu Tatano,Yoshio Kajitani
Publisher : Springer Nature
Page : 104 pages
File Size : 53,8 Mb
Release : 2021-10-05
Category : Nature
ISBN : 9789811627194

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Methodologies for Estimating the Economic Impacts of Natural Disasters by Hirokazu Tatano,Yoshio Kajitani Pdf

This book outlines methodologies to estimate the economic impacts of natural disasters based on business surveys conducted after large disasters in Japan. By including numerous observations on business activities in past disasters and the validations of both engineering and economic models based on these data sets, this book appeals to practitioners who estimate the regional economic impacts as well as to students and young professionals in various fields who conduct disaster impact studies. The book consists of 7 chapters and includes theories and practices, which help readers to interlink the estimation methods with real-world problems. The study primarily focuses on cases in Japan, but the methods employed can be generalized and applied in other countries.

Economic Effects of Natural Disasters

Author : Taha Chaiechi
Publisher : Academic Press
Page : 665 pages
File Size : 51,6 Mb
Release : 2020-10-16
Category : Business & Economics
ISBN : 9780128174661

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Economic Effects of Natural Disasters by Taha Chaiechi Pdf

Economic Effects of Natural Disasters explores how natural disasters affect sources of economic growth and development. Using theoretical econometrics and real-world data, and drawing on advances in climate change economics, the book shows scholars and researchers how to use various research methods and techniques to investigate and respond to natural disasters. No other book presents empirical frameworks for the evaluation of the quality of macroeconomic research practice with a focus on climate change and natural disasters. Because many of these subjects are so large, different regions of the world use different approaches, hence this resource presents tailored economic applications and evidence. Connects economic theories and empirical work in climate change to natural disaster research Shows how advances in climate change and natural disaster research can be implemented in micro- and macroeconomic simulation models Addresses structural changes in countries afflicted by climate change and natural disasters

Natural Disasters and Climate Change

Author : Stéphane Hallegatte
Publisher : Springer
Page : 194 pages
File Size : 48,6 Mb
Release : 2014-09-17
Category : Business & Economics
ISBN : 9783319089331

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Natural Disasters and Climate Change by Stéphane Hallegatte Pdf

This book explores economic concepts related to disaster losses, describes mechanisms that determine the economic consequences of a disaster, and reviews methodologies for making decisions regarding risk management and adaptation. The author addresses the need for better understanding of the consequences of disasters and reviews and analyzes three scientific debates on linkage between disaster risk management and adaptation to climate change. The first involves the existence and magnitude of long-term economic impact of natural disasters on development. The second is the disagreement over whether any development is the proper solution to high vulnerability to disaster risk. The third debate involves the difficulty of drawing connections between natural disasters and climate change and the challenge in managing them through an integrated strategy. The introduction describes economic views of disaster, including direct and indirect costs, output and welfare losses, and use of econometric tools to measure losses. The next section defines disaster risk, delineates between “good” and “bad” risk-taking, and discusses a pathway to balanced growth. A section entitled “Trends in Hazards and the Role of Climate Change” sets scenarios for climate change analysis, discusses statistical and physical models for downscaling global climate scenarios to extreme event scenarios, and considers how to consider extremes of hot and cold, storms, wind, drought and flood. Another section analyzes case studies on hurricanes and the US coastline; sea-level rises and storm surge in Copenhagen; and heavy precipitation in Mumbai. A section on Methodologies for disaster risk management includes a study on cost-benefit analysis of coastal protections in New Orleans, and one on early-warning systems in developing countries. The next section outlines decision-making in disaster risk management, including robust decision-making, No-regret and No-risk strategies; and strategies that reduce time horizons for decision-making. Among the conclusions is the assertion that risk management policies must recognize the benefits of risk-taking and avoid suppressing it entirely. The main message is that a combination of disaster-risk-reduction, resilience-building and adaptation policies can yield large potential gains and synergies.

Modeling Spatial and Economic Impacts of Disasters

Author : Yasuhide Okuyama,Stephanie E. Chang
Publisher : Springer Science & Business Media
Page : 344 pages
File Size : 43,8 Mb
Release : 2004-05-18
Category : Business & Economics
ISBN : 3540214496

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Modeling Spatial and Economic Impacts of Disasters by Yasuhide Okuyama,Stephanie E. Chang Pdf

This book brings together a collection of innovative papers on strategies for analyzing the spatial and economic impacts of disasters. Natural and human-induced disasters pose several challenges for conventional modeling. For example, disasters entail complex linkages between the natural, built, and socio-economic environments. They often create chaos and economic disequilibrium, and can also cause unexpected long-term, structural changes. Dynamic interactions among agents and behavioral adjustments in a disaster become complicated. The papers in this volume make notable progress in tackling these challenges through refinements of conventional methods, as well as new modeling frameworks and multidisciplinary, integrative strategies. The papers also provide case study applications that afford new insights on disaster processes and loss reduction strategies.

Modeling Spatial and Economic Impacts of Disasters

Author : Yasuhide Okuyama,Stephanie E. Chang
Publisher : Springer Science & Business Media
Page : 324 pages
File Size : 45,8 Mb
Release : 2013-06-29
Category : Business & Economics
ISBN : 9783540247876

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Modeling Spatial and Economic Impacts of Disasters by Yasuhide Okuyama,Stephanie E. Chang Pdf

This volume is dedicated to the memory of Barclay G. Jones, Professor of City and Regional Planning and Regional Science at Cornell University. Over a decade ago, Barclay took on a fledgling area of study - economic modeling of disasters - and nurtured its early development. He served as the social science program director at the National Center for Earthquake Engineering Research (NCEER), a university consortium sponsored by the National Science Foundation and the Federal Emergency Management Agency of the United States. In this capacity, Barclay shepherded and attracted a number of regional scientists to the study of disasters. He organized a conference, held in the ill-fated World Trade Center in September 1995, on "The Economic Consequences of Earthquakes: Preparing for the Unexpected. " He persistently advocated the importance of social science research in an establishment dominated by less-than-sympathetic natural scientists and engineers. In 1993, Barclay organized the first of a series of sessions on "Measuring Regional Economic Effects of Unscheduled Events" at the North American Meetings of the Regional Science Association International (RSAI). This unusual nomenclature brought attention to the challenge that disasters -largely unanticipated, often sudden, and always disorderly - pose to the regional science modeling tradition. The sessions provided an annual forum for a growing coalition of researchers, where previously the literature had been fragmentary, scattered, and episodic. Since Barclay's unexpected passing in 1997, we have continued this effort in his tradition.

Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective

Author : Adam Rose
Publisher : Springer
Page : 91 pages
File Size : 50,9 Mb
Release : 2017-04-03
Category : Business & Economics
ISBN : 9789811015335

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Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective by Adam Rose Pdf

This volume presents an economic framework for the analysis of resilience in relation to societal, environmental, and personal security perspectives. It offers a rigorous definition of economic resilience and an operational metric, and it shows how they can be applied to measuring and applying the concept to private and public decision making. Major dimensions of resilience and their implications for human development are explored. Resilience is emphasized as a coping mechanism for dealing with short-term crises, such as natural disasters and acts of terrorism. As well, the author shows how lessons learned in the short-run out of necessity and through the application of human ingenuity can be incorporated into long-run sustainability practices. In part, this opportunity stems from viewing resilience as a process, one that enhances individual and societal competencies. The book links economic resilience to several other disciplines and examines the relationship between resilience and various other key concepts such as vulnerability, adaptation, and sustainability. It scrutinizes the measurement of economic resilience in terms of temporal, spatial, and scale dimensions. It examines the time-path of resilience and relates it to the recovery process.This work also looks closely at progress on the formulation of resilience indices and stresses the importance of actionable variables. It presents a risk-management framework, including aspects of cost-effectiveness and cost-benefit analysis. Additionally, it explores the role of resilience in relation to the co-benefits of disaster risk management.

Handbook on the Economics of Disasters

Author : Skidmore, Mark
Publisher : Edward Elgar Publishing
Page : 515 pages
File Size : 51,5 Mb
Release : 2022-10-13
Category : Social Science
ISBN : 9781839103735

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Handbook on the Economics of Disasters by Skidmore, Mark Pdf

Evaluating the myriad dimensions of how disasters can affect economic activity and decision-making, this cutting-edge Handbook presents a timely analysis of the conditions that reduce or exacerbate disaster impacts. Addressing developments in research on disaster economics, internationally recognized scholars combine theoretical considerations with empirical methods to expand and improve the field of disaster mitigation.

Economic Impacts and Emergency Management of Disasters in China

Author : Xianhua Wu,Ji Guo
Publisher : Springer
Page : 700 pages
File Size : 53,5 Mb
Release : 2022-04-24
Category : Business & Economics
ISBN : 9811613214

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Economic Impacts and Emergency Management of Disasters in China by Xianhua Wu,Ji Guo Pdf

This book uses cutting-edge methods, such as big data mining methods on social media, generalized difference in difference, inoperational input–output models, improved data envelopment analysis, improved computable general equilibrium and others to calculate the economic impacts of climate and environmental disasters on China. This book provides the ideas, methods and cases of the redistribution of air pollution emissions in China through evaluating the benefits of meteorological disaster services and meteorological financial insurance. Using big data resources and data mining methods, as well as econometric models, etc., this book provides a comprehensive assessment of the economic impact of disasters in China and studies China's counterpart aid policy and international aid policy for disasters. This book is an academic monograph devoted to the China’s case study. The intended readership includes academics, government officials, graduate students and people concerned about China.

Understanding the Economic and Financial Impacts of Natural Disasters

Author : Charlotte Benson,Edward J. Clay
Publisher : World Bank Publications
Page : 136 pages
File Size : 49,5 Mb
Release : 2004
Category : Disaster relief
ISBN : UCSD:31822033279829

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Understanding the Economic and Financial Impacts of Natural Disasters by Charlotte Benson,Edward J. Clay Pdf

Disaster prevention and mitigation are integral to development activities. In February 2000, the World Bank's Disaster Management Facility initiated a three-year study on the economic and financial consequences of natural disasters with the support of the U.K. Department for International Development.