Exploring the economic consequences of the risk induced by earthquakes in productive areas - B50

When the ground shakes people feel threatened; they are relocated in shelters, a diffuse damage can be seen in the territory, the infrastructures are damaged and need to be repaired, the productive buildings are unusable so the production is stopped and the revenues are affected. Is there a way to quantify in monetary terms the effect of an earthquake to productive systems? The present paper presents a first approach to the problem and proposes some tentative models to address specific issues arising form the problem.

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