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Cascading effects are usually one of the common ways through which relatively minor hazards can substantially impact society and economy; the failure of a single industrial sector or cluster of sectors can result in cascading effect on other interlinked sectors. This paper attempts to quantify...
Persistent link: https://www.econbiz.de/10010995915
When we think about the loss caused by natural disasters, we generally think about the direct economic loss. Although the direct economic loss is often obvious, the subsequent indirect economic loss can also be quite substantial. This research is a case study about the indirect economic impact...
Persistent link: https://www.econbiz.de/10010846459
Persistent link: https://www.econbiz.de/10010064873