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Modeling the roles of heterogeneity, substitution, and inventories in the assessment of natural disaster economic costs (English)

Based on an IO structure, the ARIO-inventory model simulates the economic consequences and responses to a natural disaster. It represents explicitly production bottlenecks, models a flexibility in production capacity in case of scarcity, and introduces inventories as an additional flexibility in the production system. Moreover, it takes into account the heterogeneity in goods and services within sectors, and the consequences on production bottlenecks...
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Hallegatte,Stephane.

Modeling the roles of heterogeneity, substitution, and inventories in the assessment of natural disaster economic costs (English). Policy Research working paper ; no. WPS 6047 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/410441468142479058

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