889
Views
22
CrossRef citations to date
0
Altmetric
Articles

The economic effects of financial relief delays following a natural disaster

ORCID Icon, , &
Pages 351-377 | Received 14 Jan 2019, Accepted 07 Jan 2020, Published online: 17 Jan 2020

References

  • Attary, N., J.W. van de Lindt, H. Mahmoud, S. Smith, C.M. Navarro, Y.W. Kim and J.S. Lee (2018) Hindcasting Community Level Building Damage for the 2011 Joplin EF5 Tornado. Natural Hazards, 93, 1295–1316. doi: 10.1007/s11069-018-3353-5
  • Attary, N., J.W. van de Lindt, H. Mahmoud and S. Smith (2019) Hindcasting Community Level Damage for the Joplin MO 2011 EF5 Tornado: Buildings-Electric Power Network. ASCE Natural Hazards Review, 20, 04018027. doi: 10.1061/(ASCE)NH.1527-6996.0000317
  • Auerbach, A. and L. Kotlikoff (1987) Dynamic Fiscal Policy. Cambridge, Cambridge University Press.
  • Barrot, J.N. and J. Sauvagnat (2016) Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks. The Quarterly Journal of Economics, 131, 1543–1592. doi: 10.1093/qje/qjw018
  • Beito, D. and D. Smith (2012) Tornado Recovery: How Joplin is Beating Tuscaloosa. Wall Street Journal, April 13 (retrieved July 10, 2019 from: https://www.wsj.com/articles/SB10001424052702303404704577309220933715082).
  • Berck, P., E. Golan and B. Smith (1997) State Tax Policy, Labor, and Tax Revenue Feedback Effects. Industrial Relations: A Journal of Economy and Society, 36, 399–418.
  • Brinkley, D. (2006) How New Orleans Drowned. Vanity Fair, Conde Nast, New York, October 17 (retrieved January 2, 2020 from: https://www.vanityfair.com/news/2006/06/brinkley_excerpt200606).
  • Burnett, P., H. Cutler and S. Davies (2012) Understanding the Unique Impacts of Economic Growth Variables. Journal of Regional Science, 5, 451–468. doi: 10.1111/j.1467-9787.2012.00765.x
  • Burrus Jr, R.T., C.F. Dumas, C.H. Farrell and W.W. Hall Jr (2002) Impact of Low-intensity Hurricanes on Regional Economic Activity. Natural Hazards Review, 3, 118–125. doi: 10.1061/(ASCE)1527-6988(2002)3:3(118)
  • Cardenete, M.A., I. Guerra and F. Sancho (2012) Applied General Equilibrium – An Introduction. Berlin, Springer-Verlag.
  • Cavallo, E. and I. Noy (2011) Natural Disasters and the Economy – A Survey. International Review of Environmental and Resource Economics, 5, 63–102. doi: 10.1561/101.00000039
  • Cavallo, E., G. Sebastian, I. Noy and J. Pantano (2013) Catastrophic Natural Disasters and Economic Growth. Review of Economics and Statistics, 95, 1549–1561. doi: 10.1162/REST_a_00413
  • Chang, S.E. and A.Z. Rose (2012) Towards a Theory of Economic Recovery from Disasters. International Journal of Mass Emergencies and Disasters, 32, 171–181.
  • Cole, M.A., R. Elliott, T. Okubo and E. Strobl (2017) Pre-disaster Planning and Post-disaster Aid: Examining the Impact of the Great East Japan Earthquake. International Journal of Disaster Risk Reduction, 21, 291–302. doi: 10.1016/j.ijdrr.2016.12.015
  • Cuaresma, J.C., J. Hlouskova and M. Obersteiner (2008) Natural Disasters as Creative Destruction? Evidence From Developing Countries. Economic Inquiry, 46, 214–226. doi: 10.1111/j.1465-7295.2007.00063.x
  • Cutter, S.L., L. Barnes, M. Berry, C. Burton, E. Evans, E. Tate and J. Webb (2008) A Place-based Model for Understanding Community Resilience to Natural Disasters. Global Environmental Change, 18, 598–606. doi: 10.1016/j.gloenvcha.2008.07.013
  • Cutler, H., M. Shields, D. Tavani and S. Zahran (2016) Integrating Engineering Outputs from Natural Disaster Models into a Dynamic Spatial Computable General Equilibrium Model of Joplin. The Journal of Sustainable and Resilient Infrastructures, 1, 169–187. doi: 10.1080/23789689.2016.1254996
  • Dixon, P.B. and M.T. Rimmer (2002) Dynamic General Equilibrium Modelling for Forecasting and Policy. Amsterdam, North Holland.
  • Ellingwood, B.R., D.V. Rosowsky, Y. Li and J.H. Kim (2004) Fragility Assessment of Light-frame Wood Construction Subjected to Wind and Earthquake Hazards. Journal of Structural Engineering, 130, 1921–1930. doi: 10.1061/(ASCE)0733-9445(2004)130:12(1921)
  • Ferguson, J.P. and K. Snellman (2016) Firm Relocation and Spatial Mismatch: Evidence from Natural Disasters (Working Paper, Stanford University).
  • Fernandez, M., L. Alvarez and R. Nixon (2017) Still Waiting for FEMA in Texas and Florida After Hurricanes. New York Times, October 22 (retrieved October 10, 2019 from https://www.nytimes.com/2017/10/22/us/fema-texas-florida-delays-.html).
  • Fomby, T., Y. Ikeda and N. Loayza (2009) The Growth Aftermath of Natural Disasters. Washington, DC, The World Bank.
  • He, F. and J. Zhuang (2016) Balancing Pre-disaster Preparedness and Post-disaster Relief. European Journal of Operational Research, 252, 246–256. doi: 10.1016/j.ejor.2015.12.048
  • Hsiang, S.M. and A.S. Jina (2014) The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth: Evidence from 6700 Cyclones (NBER Working Paper No. 20352, July).
  • Kajitani, Y. and H. Tatano (2018) Applicability of a Spatial Computable General Equilibrium Model to Assess the Short-Term Economic Impact of Natural Disasters. Economic Systems Research, 30, 289–312. doi: 10.1080/09535314.2017.1369010
  • Kircher, C.A., R. Whitman and W. Holmes (2006) HAZUS Earthquake Loss Estimation Methods. Natural Hazards Review, 7, 45–59. doi: 10.1061/(ASCE)1527-6988(2006)7:2(45)
  • Koliou, M., H. Masoomi and J.W. van de Lindt (2017) Performance Assessment of Tilt-up Big-box Buildings Subjected to Extreme Hazards: Tornadoes and Earthquakes. Journal of Performance of Constructed Facilities, 31, 04017060. doi: 10.1061/(ASCE)CF.1943-5509.0001059
  • Long, H. (2017) Where Harvey Hitting Hardest, 80 percent Lack Flood Insurance. Washington Post, August 29 (retrieved July 10, 2019 from https://www.washingtonpost.com/news/wonk/wp/2017/08/29/where-harvey-is-hitting-hardest-four-out-of-five-homeowners-lack-flood-insurance/?utm_term=.6cd52a247a3e).
  • Masoomi, H. and J.W. van de Lindt (2016) Tornado Fragility and Risk Assessment of an Archetype Masonry School Building. Engineering Structures, 128, 26–43. doi: 10.1016/j.engstruct.2016.09.030
  • Masoomi, H., M.R. Ameri and J.W. van de Lindt (2018) Wind Performance Enhancement Strategies for Woodframe Buildings. ASCE Journal of Performance of Constructed Facilities, 32, 04018024. doi: 10.1061/(ASCE)CF.1943-5509.0001172
  • Meade, D.S., S. Rzeznik and D.C. Robinson-Smith (2003) Business Investment by Industry in the U.S. Economy for 1997. Survey of Current Business, U.S. Bureau of Economic Analysis, November, 18–70.
  • Memari, M., N. Attary, H. Masoomi, H. Mahmoud, J.W. van de Lindt, S.F. Pilkington and M. Ameri (2018) Minimal Building Fragility Portfolio for Damage Assessment of Communities Subjected to Tornadoes. ASCE Journal of Structural Engineering, 144, 04018072. doi: 10.1061/(ASCE)ST.1943-541X.0002047
  • Noy, I. (2009) The Macroeconomic Consequences of Disasters. Journal of Development Economics, 88, 221–231. doi: 10.1016/j.jdeveco.2008.02.005
  • Pan, Q. (2014) Estimating the Economic Losses of Hurricane Ike in the Greater Houston Region. Natural Hazards Review, 16, 05014003. doi: 10.1061/(ASCE)NH.1527-6996.0000146
  • Partridge, M. and D. Rickman (2010) Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis. Regional Studies, 44, 1311–1328. doi: 10.1080/00343400701654236
  • Peacock, W.G., N. Dash, Y. Zhang and S. Van Zandt (2018) Post-disaster Sheltering, Temporary Housing and Permanent Housing Recovery. In: H. Rodríguez, W. Donner and J.E. Trainor (eds.) Handbook of Disaster Research. Basel, Springer Nature, 569–594.
  • Rose, A., J. Benavides, S.E. Chang, P. Szczesniak and D. Lim (1997) The Regional Economic Impact of an Earthquake: Direct and Indirect Effects of Electricity Lifeline Disruptions. Journal of Regional Science, 37, 437–458. doi: 10.1111/0022-4146.00063
  • Rose, A. (2004) Defining and Measuring Economic Resilience to Disasters. Disaster Prevention and Management, 13, 307–314. doi: 10.1108/09653560410556528
  • Rose, A. (2007) Economic Resilience to Disasters: Multidisciplinary Origins and Contextual Dimensions. Environmental Hazards: Human and Social Dimensions, 7, 383–398. doi: 10.1016/j.envhaz.2007.10.001
  • Rose, A. and S.Y. Liao (2005) Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions. Journal of Regional Science, 45, 75–112. doi: 10.1111/j.0022-4146.2005.00365.x
  • Rose, A. and N. Dormady (2018) Advances in Analyzing and Measuring Dynamic Economic Resilience. In: B. Trump, M. Florin and I. Linkov (eds.) IRGC Resource Guide on Resilience (Vol. 2): Domains of Resilience for Complex Interconnected Systems. Lausanne, CH, EPFL International Risk Governance Center. Available at SSRN: https://ssrn.com/abstract=3271921.
  • Schwarm, W. and H. Cutler (2003) Building Small City and Town SAMs and CGE Models. Review of Urban & Regional Development Studies, 15, 132–146. doi: 10.1111/1467-940X.00069
  • Skidmore, M. and H. Toya (2002) Do Natural Disasters Promote Long-Run Growth? Economic Inquiry, 40, 664–687. doi: 10.1093/ei/40.4.664
  • Smith, D.J. and D. Sutter (2013) Response and Recovery After the Joplin Tornado: Lessons Applied and Lessons Learned. The Independent Review, 18, 165–188.
  • Swenson, D. (2010) Statewide Economic Impacts of Disaster-related Payments to Support Household and Private and Public Sector Recovery in Iowa. Rebuild Iowa Office, Des Moines, January.
  • Todo, Y., K. Nakajima and P. Matous (2015) How Do Supply Chain Networks Affect the Resilience of Firms to Natural Disasters? Evidence from the Great East Japan Earthquake. Journal of Regional Science, 55, 209–229. doi: 10.1111/jors.12119
  • Wein, A., A. Rose, A. I. Sue Wing and D. Wei (2013) Economic Impacts of the SAFRR Tsunami Scenario in California. In: S.L. Ross and L.M. Jones (eds.) The SAFRR (Science Application for Risk Reduction) Tsunami Scenario: U.S. Geological Survey Open-File Report 2013–1170, 50 p., http://pubs.usgs.gov/of/2013/1170/h/.
  • Wendner, R. (1999) A Calibration Procedure of Dynamic CGE Models for Non-steady State Situations Using GEMPACK. Computational Economics, 13, 265–287. doi: 10.1023/A:1008654116882
  • Xie, W., A. Rose, S. Li, J. He, N. Li and T. Ali (2018) Dynamic Economic Resilience and Economic Recovery from Disasters: A Quantitative Assessment. Risk Analysis, 38, 106–118.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.