Abstract
This paper explores the methodologies used in estimating the costs and losses of natural disasters, focusing on the Turkish experience following a series of unprecedented earthquakes in February 2023. The analysis emphasizes the need for a variety of methodologies to obtain a comprehensive understanding of the economic impacts of disasters. In the Turkish context, the Strategy and Budget Office (SBB) played a central role in coordinating post-disaster assessment efforts. By utilizing its expertise and coordinating data collection through local administrations and line ministries, the SBB ensured a swift and comprehensive analysis. Various methodologies, such as replacement cost, market valuation, and input–output analysis, were employed to estimate damages and losses in different sectors, and depending on data availability. The study highlights the importance of institutional capacity and expertise in conducting post-disaster assessments. It also emphasizes the need for a multi-method approach to capture the complexity of economic impacts.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
SBB. Türkiye earthquakes recovery and reconstruction assessment. https://www.sbb.gov.tr/wp-content/uploads/2023/03/Turkiye-Recovery-and-Reconstruction-Assessment.pdf. Last accessed 06 June 2023
Hallegatte S, Jooste C, McIsaac F (2021) Modeling the macroeconomic consequences of natural disasters: capital stock, recovery dynamics, and monetary policy. World Bank Policy Research Working Papers no. 9943
Crompton RP, McAneney J, Chen K, Leigh R, Hunter L (2008) Natural hazards and property loss. In: Newton PW (ed) Transitions: pathways towards sustainable urban development in Australia. CSIRO Publishing, pp 281–293
Gunasekera R, Ishizawa O, Aubrecht C, Blankespoor B, Murray S, Pomonis A, Daniell J (2015) Developing an adaptive global exposure model to support the generation of country disaster risk profiles. Earth Sci Rev 150:594–608
Okuyama Y, Santos JR (2014) Disaster impact and input–output analysis. Econ Syst Res 26(1):1–12
Hallegatte S, Przyluski V (2010) The economics of natural disasters: concepts and methods. World Bank Policy Research Working Papers no. 5507. https://doi.org/10.1596/1813-9450-5507
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Sakarya, B. (2024). Available Methodologies in Calculating the Ex-post Cost of Disaster: Case of Türkiye. In: Arslanagić-Kalajdžić, M., Ademović, N., Tufek-Memišević, T. (eds) Interdisciplinary Advances in Sustainable Development II. BHAAAS 2023. Lecture Notes in Networks and Systems, vol 804. Springer, Cham. https://doi.org/10.1007/978-3-031-46692-2_1
Download citation
DOI: https://doi.org/10.1007/978-3-031-46692-2_1
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-46691-5
Online ISBN: 978-3-031-46692-2
eBook Packages: EngineeringEngineering (R0)