Acclimate—a model for economic damage propagation. Part II: a dynamic formulation of the backward effects of disaster-induced production failures in the global supply network

Abstract

As global warming accelerates extreme weather events such as floods, droughts and storms are likely to increase in intensity and frequency. With regard to a highly globalized world economy built on complex supply and value-added chains, this trend will challenge societies locally and globally. Regional production disruptions might induce shock waves that… (More)

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Cite this paper

@inproceedings{Wenz2014AcclimateaMF, title={Acclimate—a model for economic damage propagation. Part II: a dynamic formulation of the backward effects of disaster-induced production failures in the global supply network}, author={Leonie Wenz and Sven Norman Willner and Robert Bierkandt and Anders Levermann}, year={2014} }