Citation

Liu Z, Xu J. Disaster Adv. 2013; 6(5): 69-77.

Copyright

(Copyright © 2013, Shankar Gargh)

DOI

unavailable

PMID

unavailable

Abstract

Post-quake economic loss assessment is the foundation of earthquake risk precaution and management measures. It is necessary to propose an effective and efficient assessment framework to assess the economic loss of affected regions. This paper provides an effective and rapid assessment method for regional economic losses after the Wenchuan earthquake which includes both direct and indirect economic loss assessment. The assessment of direct economic loss after Wenchuan earthquake includes building damage loss, property damage and other engineering structure destruction. The indirect economic loss includes loss of enterprise production cessation, industrial related loss and cost of investment premium. The major finding of the paper is that the direct economic loss was the main loss in the Wenchuan earthquake and the industries suffered the most serious damage.