General equilibrium modelling - constructing an economic model for natural hazard management
Authors: M Walton, P Bishop, NZIER
Paper number: 1755 (EQC 2006/SP6)
Abstract
The purpose of developing this website is to introduce analysts to Computable General Equilibrium (CGE) modelling as a means of assessing the economic consequences of naturally occurring catastrophic events, especially earthquakes. While our focus is on earthquakes, CGE modelling techniques can also be applied to the economic analysis of other natural disasters and consequent hazards such as volcanoes, floods, fires, tsunami inundation, and landslides. This website would also be of value to those just beginning to learn about CGE modelling, whether or not they have an interest in natural disasters.
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