Indirect Earthquake Loss Estimation for St. Louis Metropolitan Highway Network
Abstract
Earthquakes are one of the most serious natural disasters. They not only cause fatalities and injuries, but also result in infrastructure damage, social effects, and economic impacts. Without appropriate preventive plans and mitigation policies, natural catastrophes can cause tremendous losses, as evident for the 2005 Hurricane Katrina in the southern coastal United States. Generally, policymakers focus only on the losses, specifically the destruction of the infrastructure. They tend to overlook the consequences from these damages, such as business disruptions. This study proposes an integrated framework to estimate the indirect economic loss due to damaged highway bridges. a simulated earthquake centered in St. Louis, Missouri, was used as a scenario. Initial research has shown that the indirect losses are significant when compared to the direct loss. Policymakers can apply this study framework as a guide and decision tool for developing an appropriate preventive plan to reduce the risk and potential losses.
Recommended Citation
C. Tirasirichai and D. L. Enke, "Indirect Earthquake Loss Estimation for St. Louis Metropolitan Highway Network," 27th Annual National Conference of the American Society for Engineering Management 2006 - Managing Change: Managing People and Technology in a Rapidly Changing World, ASEM 2006, pp. 160 - 167, American Society for Engineering Management, Dec 2006.
Department(s)
Engineering Management and Systems Engineering
Keywords and Phrases
Computable general equilibrium; Earthquake loss estimation; Indirect loss; Public safety awareness
International Standard Book Number (ISBN)
978-160423714-6
Document Type
Article - Conference proceedings
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2024 American Society for Engineering Management , All rights reserved.
Publication Date
01 Dec 2006
