1. Economic Ripple Effects of Individual Disasters and Disaster Clusters
- Author
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Zhengtao Zhang, Ning Li, Ming Wang, Kai Liu, Chengfang Huang, Linmei Zhuang, and Fenggui Liu
- Subjects
Global and Planetary Change ,Geography, Planning and Development ,Management, Monitoring, Policy and Law ,Safety Research - Abstract
Disaster clusters refer to major disasters that cluster in space and time without any linkage, resulting in large direct damage and economic ripple effects (EREs). However, the cumulative EREs caused by a disaster cluster may not be equal to the summation EREs of the individual disasters within a cluster. We constructed a global economic ripple input-output model suitable for the analysis of disaster clusters and demonstrated the extent of this difference with the example of two typical catastrophes that occurred in 2011 (the Great East Japan Earthquake and the Great Thailand Flood), within an interval of only 136 days. The results indicate that: (1) The EREs suffered by 11 of the 35 countries affected (30%) are “1 + 1 > 2”, and “1 + 1
- Published
- 2022
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