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From property damage to lost production: How natural disasters impact economics

20:00 EDT 10 Apr 2018 | AAAS

(University of Illinois College of Agricultural, Consumer and Environmental Sciences) When a natural disaster strikes, major disaster databases tend to compile information about losses such as damages to property or cost of repairs, but other economic impacts after the disaster are often overlooked--such as how a company's lost ability to produce products may affect the entire supply-chain within the affected region and in other regions. This may give an incomplete picture of the full financial impact of the disaster.

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