4.6 Article

Economic impact of production bottlenecks caused by disasters impacting interdependent industry sectors

期刊

出版社

ELSEVIER
DOI: 10.1016/j.ijpe.2015.06.011

关键词

Disaster impacts; Interdependent industry sectors; Input-output analysis; Inoperability; Resilience

资金

  1. Interdisciplinary Graduate Education Program in Disaster Resilience at Virginia Tech

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This paper provides a new linear programming model, based on Leontiefs input-output model, to investigate the economic consequences of production capacity bottlenecks caused by disasters. An important contribution of the paper is the incorporation of industry sectors' preferences in allocating limited products/services between final domestic demand, foreign final demand, and intermediate industries. This provides support for estimating some of the indirect economic impacts of disasters. The paper also considers recovery operations within disrupted sectors, from the standpoint of evaluating the performance of the economy during the transition period after a disaster. The models are implemented to investigate the economic consequences of electricity sector disruption in Singapore and, finally, computational results are reported. (C) 2015 Elsevier B.V. All rights reserved.

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