Economics

Risk caused by the propagation of earthquake losses through the economy

J. A. León, M. Ordaz, et al.

This innovative research by J. A. León, M. Ordaz, E. Haddad, and I. F. Araújo explores a probabilistic risk assessment method that merges seismic risk assessment with spatial computable general equilibrium models. Focusing on Chile, it unveils the economic consequences of earthquakes, revealing critical insights about Average Annual Loss and Loss Exceedance Curves across various economic factors.... show more

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