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Flood Footprint Assessment: A Multiregional Case of 2009 Central European Floods

Mendoza-Tinoco, D; Hu, Y; Zeng, Z; Chalvatzis, KJ; Zhang, N; Steenge, AE; Guan, D; (2020) Flood Footprint Assessment: A Multiregional Case of 2009 Central European Floods. Risk Analysis 10.1111/risa.13497. (In press). Green open access

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Abstract

Hydrometeorological phenomena have increased in intensity and frequency in last decades, with Europe as one of the most affected areas. This accounts for considerable economic losses in the region. Regional adaptation strategies for costs minimization require a comprehensive assessment of the disasters’ economic impacts at a multiple‐region scale. This article adapts the flood footprint method for multiple‐region assessment of total economic impact and applies it to the 2009 Central European Floods event. The flood footprint is an impact accounting framework based on the input–output methodology to economically assess the physical damage (direct) and production shortfalls (indirect) within a region and wider economic networks, caused by a climate disaster. Here, the model is extended through the capital matrix, to enable diverse recovery strategies. According to the results, indirect losses represent a considerable proportion of the total costs of a natural disaster, and most of them occur in nonhighly directly impacted industries. For the 2009 Central European Floods, the indirect losses represent 65% out of total, and 70% of it comes from four industries: business services, manufacture general, construction, and commerce. Additionally, results show that more industrialized economies would suffer more indirect losses than less‐industrialized ones, in spite of being less vulnerable to direct shocks. This may link to their specific economic structures of high capital‐intensity and strong interindustrial linkages.

Type: Article
Title: Flood Footprint Assessment: A Multiregional Case of 2009 Central European Floods
Location: United States
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/risa.13497
Publisher version: https://doi.org/10.1111/risa.13497
Language: English
Additional information: Copyright © 2020 The Authors. Risk Analysis published by Wiley Periodicals LLC on behalf of Society for Risk Analysis. This is an open access article under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
Keywords: Climate change adaptation, flood footprint, input-output model
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery.ucl.ac.uk/id/eprint/10098784
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