Toward the construction of evaluation framework for economic impacts of disasters

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In this project, in order for proposing the framework for evaluating economic impacts of disasters, a series of studies were carried out. First, economic models that have been employed for such task were critically evaluated. Based on the issues raised in the review, various empirical case studies were performed to further analyze and understand the economic impacts of disasters. The results indicate that the standardization of data collection for natural hazards is critical; however, the modeling framework for estimating the economic impacts is required to be flexible and adaptive to the situation.