Economic Loss Estimation Modelling

Bushfire and Natural Hazards CRC


The project identified the optimum economic policy options to recover or minimise the adverse effects of natural hazards.

About the Project

This project investigated how large-scale events ripple through the community, affecting a range of stakeholders and sectors, particularly the economy. It enables us to understand better the overall short-term and long-term economic impacts of these disasters, and how specific sectors are both positively and negatively affected by these extreme events. The research findings are crucial to improving disaster planning and response and strengthening community resilience. Dr Chen worked closely with colleagues from Deakin University to develop the overall research framework. He was engaged with historical weather (rainfall, temperature and wind, 1910-2014) data analysis to find the relationship between extreme disasters and their impacts (negative and positive) on economic sectors.

Industrial Partners

Deakin University
Bushfire and Natural Hazards CRC (BNHCRC)
Asian Disaster Preparedness Center (ADPC)

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