Evaluation of Regional Economic Damages Caused by Tsunami and Volcanic Eruptions in Hokkaido: Dynamic Inter-Regional Input-Output Approach

Abstract

　After earthquakes, tsunami and volcanic eruption may occur and production activities in disaster assumed areas may suffer economic damages.　We show how the regional economy revives after tsunami and volcanic eruption.　We propose a sequential dynamic model using an inter-regional input-output table.　We simulate the recovery processes in the disaster assumed areas in Hokkaido under several scenarios.

JEL Classifications:Q54, R15