Socioeconomic Dimensions of Resilience to Seaport and Highway Transportation Network Disruption [Research Brief]
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2020-03-01
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Abstract:Serving as critical portals of a nation’s supply-chain, seaports and their associated transportation infrastructure are especially vulnerable to major disruptions from a variety of causes. The economic impacts of these disasters can be extensive well beyond the on-site operations at the port complex, through the supply-chain effects of the disruptions and/or delays of delivering imports and exports from ports to their destinations and vice versa. The objective of this project is to develop a synergetic approach linking a regional transportation model and a multi-regional computable general equilibrium (CGE) model (the TERM Model) to analyze the economic impacts of port and transportation system disruptions, as well as the effects of various resilience tactics in reducing business interruption losses.
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