ABSTRACT
Yu, J.; Hu, P., and Chou, L., 2019. Apply supply-driven input-output model to evaluate economic losses from coastal typhoons. In: Yu, T.-s. (ed.), Environmental Sustainability: Water Resources Integrated Management and the Development of Coastal Environments. Journal of Coastal Research, Special Issue No. 96, pp. 26–31. Coconut Creek (Florida), ISSN 0749-0208.
Previous statistics on losses due to natural disasters often only accounted for direct losses, with a lack of statistics of indirect losses due to difficulty in estimation. In order to explore the impact of coastal disasters on island economy and provide suggestions for national investment, this paper focuses on Taiwan province(China), which is an strategic part of China's “One Belt One Road” initiative, and uses Supply-driven Input-Output Analysis to build an input-output model, taking typhoon as an example. The empirical results show that the Typhoon Fanapi has caused substantial damage to the agricultural industry in Taiwan (China), with a multiplier effect of output impairment of 1.33, and an increase in the unemployment rate of 0.06 percentage points.
