A Time Series Approach to Examining Regional Economic Resiliency to Hurricanes
American Journal of Economics and Sociology
Published online on April 02, 2014
Abstract
Hurricanes disrupt business processes and activities, energy distribution and consumption, and services of infrastructure and lead to a reallocation of resources and their uses. This research models the relationship among economic and engineering measures of the state of the built environment in order to provide insight into a region's ability to withstand and recover from a future hurricane. As such, we provide a quantitative approach to modeling and measuring a region's economic resiliency. The findings have implications for developing strategies for long‐term sustainability of economic regions.