ASSESSMENT MODEL FOR MEASURING CASCADING ECONOMIC IMPACTS DUE TO SEVERE WEATHER-INDUCED POWER OUTAGES.pdf (124.43 MB)
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ASSESSMENT MODEL FOR MEASURING CASCADING ECONOMIC IMPACTS DUE TO SEVERE WEATHER-INDUCED POWER OUTAGES

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thesis
posted on 13.08.2019 by KwangHyuk Im
This research has developed an assessment model and framework to measure cascading economic impacts in terms of gross domestic product (GDP) loss due to severe weather-induced power outages. The major objectives of this research were to (1) identify physical correlations between different industries within an economic system, (2) define deterministic relationships through the values of interconnectedness and interdependency between 71 industries, (3) complete probabilistic estimation of economic impacts using historical economic data spanning from 1997 to 2016, and (4) develop an assessment model that can be used in the future to measure economic loss in terms of gross domestic product (GDP) across 71 industries.

Funding

NSF grants #1728209

History

Degree Type

Master of Science in Civil Engineering

Department

Civil Engineering

Campus location

West Lafayette

Advisor/Supervisor/Committee Chair

Dr. Makarand Hastak, Chair

Additional Committee Member 2

Dr. Wallace E. Tyner

Additional Committee Member 3

Dr. Theodore J. Weidner

Licence

Exports