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This paper aims at presenting a framework of assessing economic impact from catastrophic earthquake disasters, and at applying for the Niigata-Chuetsu earthquake in 2004 as a case study. A spatial computable general equilibrium (SCGE) model is formulated which is integrated with a transportation model, which can consider estimate traffic volumes of freight and passenger's trips. Considering damage to production capital and transportation infrastructure, it shows how much economic losses arrive at each region through intra- and inter-regional trade in regional economy from the earthquake.

A Framework of Measuring Economic Losses from the Niigata-Chuetsu Earthquake