Hydrological Hazard Assessment: The 2014-15 Malaysia Floods

International Journal of Disaster Risk Reduction, 24(1):264-270

Posted: 26 Jun 2017

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Evangelos Koutronas

Universiti Sains Malaysia

Tahir Muhammad

Comsats University Islamabad

Norma Mansor

University of Malaya

Date Written: June 24, 2017

Abstract

This paper intends to establish conceptual foundations on the identification of standards and metrics for assessing the impact of hydrological hazards. The economic evaluation of flood damage cost model (EFDC-Model) attempts to estimate the impact of water occurrence, movement, and distribution on GNP growth. The model is based on seven basic indicators: (i) the national precipitation growth rate (∆Pi); (ii) the main factors which generate large precipitation (∆Li); (iii) the sinking magnitudes levels rate (ST); (iv) the national floods recurrence rate (FT); (v) the floods devastation rate (Dk); (vi) the economic desgrowth from floods devastation rate (-δf); and (vii) the floods damage surface. The model investigates the recent floods in the Malaysian states of Kelantan and Terengganu for the period 2014–2015.

Keywords: Floods; Economic impact; Economic evaluation; EFDC-Model; Malaysia

JEL Classification: Q54; O40

Suggested Citation

Ruiz Estrada, Mario Arturo and Koutronas, Evangelos and Muhammad, Tahir and Mansor, Norma, Hydrological Hazard Assessment: The 2014-15 Malaysia Floods (June 24, 2017). International Journal of Disaster Risk Reduction, 24(1):264-270. Available at SSRN: https://ssrn.com/abstract=2992134

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Evangelos Koutronas

Universiti Sains Malaysia ( email )

Minden, Penang
Malaysia

Tahir Muhammad

Comsats University Islamabad ( email )

Park Road
Chak Shahzad
Islamabad, North-West Frontier Province 44000
Pakistan

Norma Mansor

University of Malaya ( email )

Faculty of Economics and Administration Building
Kuala Lumpur, 50603
Malaysia

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