Showing 1 - 10 of 31
Terrorist attacks and natural disasters have potentially severe economic consequences in terms of property damage and business interruption. However, experience from the September 11 World Trade Center attack and other disasters indicates that the economy has a great deal of resilience. This...
Persistent link: https://www.econbiz.de/10010846764
We describe a model that integrates a multi-regional input-output model of the U.S. (50 states and the District of Columbia) with the national highway network. Interstate commodity shipments are placed on a congestible highway network. Simulations of major choke-point disruptions redirect...
Persistent link: https://www.econbiz.de/10010877981
In previous research, the economic impacts of temporary shutdowns of the Los Angeles-Long Beach harbors were simulated after a hypothetical terrorist attack, applying the National Interstate Economic Model to estimate state-by-state as well as interindustry impacts. However, the "unpredictable"...
Persistent link: https://www.econbiz.de/10005324435
The agricultural sector is highly vulnerable to bioterrorism attacks with the potential for severe economic consequences. This article presents estimates of state-by-state total economic impacts of a hypothetical agroterrorism attack that uses foot-and-mouth disease (FMD) pathogens, which is one...
Persistent link: https://www.econbiz.de/10009654041
Travel time variability is increasingly being recognized as a major factor influencing travel decisions and, consequently, as an important performance measure in transportation management. In this research project, we examine a number of questions related to travel time variability: How should...
Persistent link: https://www.econbiz.de/10010537247
The population–employment (P–E) relationship in the multicounty region has not been considered enough to document, although numerous future regional policy issues affecting local areas have required producing a technically sound and politically acceptable projection of population or...
Persistent link: https://www.econbiz.de/10010845678
Persistent link: https://www.econbiz.de/10008500612
Although there have been many elaborations of the basic input-output approach, including multi-regional models, dynamic models, models with variable coefficients, supply-side models, etc., these approaches all have the same limitation. The fixed-coefficients production function assumptions...
Persistent link: https://www.econbiz.de/10005171100
It is difficult to separate the individual effects of the recession and the 9/11 attack. Within this severe constraint, the national economic impact of 9/11 appears to have been both modest and short-lived. This is supported by the sharper decline in industrial production in 2001 than in 2002....
Persistent link: https://www.econbiz.de/10005046554
Until recently, it is hard to find studies to estimate how much the total economic losses for U.S. or other states by the BSE incidents except one dominant study by Devadoss et al (2005), which used CGE (Computable Generalized Equations) model for U.S. However, they are not reporting the direct...
Persistent link: https://www.econbiz.de/10005525150