On the Local Sensitivity Analysis of the Inoperability Input‐Output Model
Marco Percoco
Risk Analysis, 2011, vol. 31, issue 7, 1038-1042
Abstract:
Natural and man‐made disasters are currently a source of major concern for contemporary societies. In order to understand their economic impacts, the inoperability input‐output model has recently gained recognition among scholars. In a recent paper, Percoco (2006) has proposed an extension of the model to map the technologically most important sectors through so‐called fields of influence. In the present note we aim to show that this importance measure also has a clear connection with local sensitivity analysis theory.
Date: 2011
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https://doi.org/10.1111/j.1539-6924.2010.01574.x
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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:31:y:2011:i:7:p:1038-1042
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