Advances in the Empirical Estimation of Disaster Resilience

Skidmore, Mark (Ed.). Handbook on the Economics of Natural Disasters. Cheltenham: Edward Elgar Press.

35 Pages Posted: 18 Nov 2021

See all articles by Noah Dormady

Noah Dormady

Ohio State University (OSU), John Glenn College of Public Affairs

Adam Rose

University of Southern California - Sol Price School of Public Policy

C Blain Morin

Ohio State University (OSU) - The Ohio State University, Students; Ohio State University (OSU), John Glenn School of Public Affairs, Students

Date Written: October 1, 2021

Abstract

This chapter summarizes key contributions and advances in the empirical estimation of disaster resilience. It begins by characterizing core theoretical and definitional distinctions, including reliability versus resilience, mitigation versus resilience, adaptive versus inherent resilience, and static versus dynamic resilience. It then characterizes core contextual considerations that shape empirical estimation, including unit of analysis and sector considerations. Core resilience metrics are summarized in a way that presents a straightforward mapping between metrics and contextual applications. It then provides a concise summary of key empirical advances across a wide range of empirical methodologies, with a major focus at the microeconomic level. Finally, the chapter offers an application to illustrate how these concepts establish a solid foundation for analysis by providing a synopsis of some of the authors’ own recent and ongoing research using survey-based and econometric approaches to estimate resilience cost and effectiveness metrics at the microeconomic level.

Keywords: Economic Resilience, Disasters, Survey Methods, Metrics, Measurement, Econometric Estimation

JEL Classification: C50, D24, L23, M21, O31, Q54

Suggested Citation

Dormady, Noah and Rose, Adam and Morin, Charles and Morin, Charles, Advances in the Empirical Estimation of Disaster Resilience (October 1, 2021). Skidmore, Mark (Ed.). Handbook on the Economics of Natural Disasters. Cheltenham: Edward Elgar Press., Available at SSRN: https://ssrn.com/abstract=3935957

Noah Dormady (Contact Author)

Ohio State University (OSU), John Glenn College of Public Affairs ( email )

110 Page Hall
1810 College Road
Columbus, OH 43210
United States

Adam Rose

University of Southern California - Sol Price School of Public Policy ( email )

Los Angeles, CA 90089-0626
United States

Charles Morin

Ohio State University (OSU), John Glenn School of Public Affairs, Students ( email )

110 Page Hall
1810 College Road
Columbus, OH 43210
United States

HOME PAGE: http://glenn.osu.edu/phd-students/morin/

Ohio State University (OSU) - The Ohio State University, Students ( email )

OH
United States

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