Computable General Equilibrium Modeling of Electric Utility Lifeline Losses from Earthquakes

Adam Rose () and Gauri-Shankar Guha ()
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Adam Rose: The Pennsylvania State University
Gauri-Shankar Guha: Arkansas State University

Chapter 7 in Modeling Spatial and Economic Impacts of Disasters, 2004, pp 119-141 from Springer

Abstract: Abstract Losses from earthquakes are usually associated with building and other property damage. However, many businesses are forced to shut down, even if physically unscathed, when suppliers of lifeline services or other inputs are disrupted, or if their employees are unable to reach the workplace. Likewise, businesses may be forced to curtail operations if orders for their products are canceled by their customers, or if they are unable to deliver their products to market. Moreover, these impacts pertain not only to immediate suppliers and customers, but to successive rounds of upstream or downstream links. The totality of these impacts is some multiple of the businesses directly impacted, hence the typical application of some form of “multiplier” analysis.

Keywords: Capital Stock; Computable General Equilibrium; Electricity Sector; Computable General Equilibrium Model; Earthquake Engineer Research (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1007/978-3-540-24787-6_7

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