Modeling the Regional Impact of Natural Disaster and Recovery: A General Framework and an Application to Hurricane Andrew

Carol T. West and David G. Lenze
Additional contact information
Carol T. West: Bureau of Economic and Business Research, University of Florida, Gainesville FL 32611 USA
David G. Lenze: Bureau of Economic and Business Research, University of Florida, Gainesville FL 32611 USA

International Regional Science Review, 1994, vol. 17, issue 2, 121-150

Abstract: Two common features of natural disasters are intense regional impact and the call immediately after the event to estimate the economic impact of recovery and reconstruction. The broad purpose of this paper is to help fill the gap in the regional science literature that addresses this issue. Initially, the impact estimation problem is presented conceptually. Using a general regional model schematic, direct disaster impacts on exogenous variables, endogenous variables, and model linkages are identified. Next, the conceptual problem is adapted for practical application. This translation has two aspects: (1) modifying the direct impacts for a specific model (common variants from the schematic are considered) and (2) estimating those impacts from available data. One component of the latter identifies primary sources of information typically available at the time of a natural disaster and indicates how secondary data may be used to complement, cross-check, and expand those data. A second component identifies areas of no information or high uncertainty and discusses treatment of that information gap in empirical analysis. A final section applies the research to the problem of estimating the impact of Hurricane Andrew on the economy of Florida.

Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/016001769401700201 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:17:y:1994:i:2:p:121-150

DOI: 10.1177/016001769401700201

Access Statistics for this article

More articles in International Regional Science Review
Bibliographic data for series maintained by SAGE Publications ().