This paper compares UK and USA practices with regard to the frameworks and measures used in considering the wider economic impacts of transport investment (or other interventions), and considers what lessons each can draw from the other. Regarding the frameworks for appraisal, there has been growing debate in the US about the need to better distinguish local, regional and national perspectives ...

This article analyzes possible terrorist attacks on the ports of Los Angeles and Long Beach using a radiological dispersal device (RDD, also known as a "dirty bomb") to shut down port operations and cause substantial economic and psychological impacts. The analysis is an exploratory investigation of a combination of several risk analysis tools, including scenario generation and pruning, project...

The System Dynamics Model ASTRA enables the assessment of long-term impacts of European economic and transport policies with respect to economic, environmental and social effects. It is enhanced to extend the coverage from the current EU member states to the CEEC. ASTRA is characterised by a composition of eight interacting modules with a macro-economics module in its centre. Besides this modul...

The 1997 Indonesian financial crisis resulted in severe economic dislocation and political upheaval, and the detrimental consequences for economic welfare, physical health, and child education have been established in several studies. The crisis also adversely impacted the psychological well-being of the Indonesian population. Comparing responses of the same individuals interviewed before and a...

Biological invasions of forests by non-indigenous organisms present a complex, persistent, and largely irreversible threat to forest ecosystems around the globe. Rigorous assessments of the economic impacts of introduced species, at a national scale, are needed to provide credible information to policy makers. It is proposed here that microeconomic models of damage due to specific invading orga...

Tourism in general has become one of the major cultural and economic forces in the world today, and is regarded as an important means to benefi t local communities. Phuket for example has experienced tremendous development since 1980s. Many construction projects are carried out on the islands with only one purpose: to accommodate tourism development. Rapid investments by the government and priv...

Hurricanes Katrina and Rita caused severe economic disruptions without warning in Louisiana and surrounding areas. These natural disasters temporarily created production losses in the oil-industry and lead to further economic losses via inter-industry linkages. Because oil is a key resource in the national economy, estimation of the economic impacts of these disasters can be accomplished with a...

Significant progress has been made in recent years for modeling spatial economic impacts of disasters in a regional context (for example, Okuyama and Chang eds. Modeling the Spatial Economic Impacts of Disasters, forthcoming). While these advancements are more toward modeling strategies based on conventional frameworks, little has been dealt with the theory on economics of disasters, since the ...