Journal of Risk Analysis and Crisis Response

Volume 7, Issue 1, April 2017, Pages 27 - 36

A Critical Review on the Economics of Disasters

Authors
Xi Yu, Yandong Tang
Corresponding Author
Xi Yu
Received 30 November 2016, Accepted 24 January 2017, Available Online 3 April 2017.
DOI
https://doi.org/10.2991/jrarc.2017.7.1.4How to use a DOI?
Keywords
economics of disaster, loss assessment, value of statistical life, economic model
Abstract
The idea of economics of disasters can be traced back to the mid-19th century. The field of economics of disaster continues to be expand after 1970s and mainly concentrating in the disaster loss assessment methods, disaster economic impact model, the value of life assessments and disaster insurance and disaster risk securitization. This paper presents the research framework of economics of disasters, including disaster damage assessment, mitigation theory, disaster short-term economic impact, relationship between disasters and long-term economic growth, the value of life assessment, disaster risk management and disaster recovery and reconstruction theory.
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This is an open access article distributed under the CC BY-NC license.

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Journal
Journal of Risk Analysis and Crisis Response
Volume-Issue
7 - 1
Pages
27 - 36
Publication Date
2017/04
ISSN (Online)
2210-8505
ISSN (Print)
2210-8491
DOI
https://doi.org/10.2991/jrarc.2017.7.1.4How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - JOUR
AU  - Xi Yu
AU  - Yandong Tang
PY  - 2017
DA  - 2017/04
TI  - A Critical Review on the Economics of Disasters
JO  - Journal of Risk Analysis and Crisis Response
SP  - 27
EP  - 36
VL  - 7
IS  - 1
SN  - 2210-8505
UR  - https://doi.org/10.2991/jrarc.2017.7.1.4
DO  - https://doi.org/10.2991/jrarc.2017.7.1.4
ID  - Yu2017
ER  -