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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Latest update: 22 Apr 2024
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.
Final-revised paper