Short-run Economic Assessment of the Transportation Recovery Policy after an Earthquake

Abstract

This paper develops a short-run economic damage assessment model. The model contains two sub models. One is the conventional traffic assignment model, which calculates traveling time under the damaged transportation infrastructure. The other is the economic damage assessment model, which determines the decrease in production level in the short run. This method facilitates the identification of critical infrastructure that could reduce the economic damage when the disaster occurs. As a case study, we applied this model to several recovery plans for transport facilities. The results suggest that the proposed comprehensive model should be considered as a prevention plan.