Regional disaster impact analysis: comparing input–output and computable
general equilibrium models

Koks, Elco E.; Carrera, Lorenzo; Jonkeren, Olaf; Aerts, Jeroen C. J. H.; Husby, Trond G.; Thissen, Mark; Standardi, Gabriele; Mysiak, Jaroslav

doi:https://doi.org/10.5194/nhess-16-1911-2016

Articles | Volume 16, issue 8

https://doi.org/10.5194/nhess-16-1911-2016

© Author(s) 2016. This work is distributed under
the Creative Commons Attribution 3.0 License.

https://doi.org/10.5194/nhess-16-1911-2016

© Author(s) 2016. This work is distributed under
the Creative Commons Attribution 3.0 License.

Articles | Volume 16, issue 8

Research article

|

16 Aug 2016

Research article |

| 16 Aug 2016

Regional disaster impact analysis: comparing input–output and computable general equilibrium models

Elco E. Koks, Lorenzo Carrera, Olaf Jonkeren, Jeroen C. J. H. Aerts, Trond G. Husby, Mark Thissen, Gabriele Standardi, and Jaroslav Mysiak

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Final revised paper (published on 16 Aug 2016)
Preprint (discussion started on 24 Nov 2015)

Interactive discussion

Status: closed

AC: Author comment | RC: Referee comment | SC: Short comment | EC: Editor comment

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- Supplement

RC C2969: 'Reviewer feedback', Raghav Pant, 14 Jan 2016
- AC C3381: 'Response to reviewer #1, Raghav Pant', Elco Koks, 15 Apr 2016
RC C3263: 'Review', Anonymous Referee #2, 01 Mar 2016
- AC C3374: 'Response to reviewer #2', Elco Koks, 15 Apr 2016

Short summary

In this study we analyze the economic consequences for two flood scenarios in the Po River basin in Italy, using three regional disaster impact models: two hybrid IO models and a regionally CGE model. Modelling results indicate that the difference in estimated total (national) economic losses and the regional distribution of those losses may vary by up to a factor of 7 between the three models, depending on the type of recovery path. Total economic impact is negative in all models though.