| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2015: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2014: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2013: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
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| Outline of Final Research Achievements |
As economic losses caused by natural disasters increase, assessing the economic impact of a future possible natural disaster is becoming more and more important. A computable general equilibrium (CGE) model is a strong candidate for such an assessment. The study develops a recursive-dynamic multiregional CGE model for Japan and then calibrates a set of substitution parameters for this model. A heuristic method is employed for the calibration, in which the substitution parameters in the CGE model are adjusted so as to reproduce the actual economic impacts of the 2011 Great East Japan earthquake.
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