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A Time Series Approach to Examining Regional Economic Resiliency to Hurricanes
Author(s) -
Ewing Bradley T.,
Liang Daan,
Cui Yuepeng
Publication year - 2014
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/ajes.12071
Subject(s) - sustainability , order (exchange) , consumption (sociology) , distribution (mathematics) , economic model , environmental resource management , natural resource economics , environmental economics , business , environmental science , economics , finance , macroeconomics , mathematics , ecology , social science , mathematical analysis , sociology , biology
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.