Browse > Article
http://dx.doi.org/10.9719/EEG.2014.47.3.205

Economic Loss Estimation of Mt. Baekdu Eruption Scenarios  

Yu, Soonyoung (Research Institute for Social Criticality, Pusan National University)
Lee, Yun-Jung (Creative Human Resource Development Program for IT Convergence, Pusan National University)
Yoon, Seong-Min (Department of Economics, Pusan National University)
Choi, Ki-Hong (Department of Economics, Pusan National University)
Publication Information
Economic and Environmental Geology / v.47, no.3, 2014 , pp. 205-217 More about this Journal
Abstract
As Mt. Backdu is expected to erupt, the social and economic impacts of the eruption on the Korean peninsula as well as on the world become a research topic of interest. If the volcano erupts, South Korea can be directly impacted by volcanic ash, which will bring out secondary damages in various ways. Given that the direct damage is a basis to estimate indirect and secondary damages, this paper was to review a method to estimate direct damages, called catastrophe risk models, and estimate the direct damages of available eruption scenarios of Mt. Baekdu. Based on the results, the damages by volcanic ash will occur mostly around Gangwon province if the Mt. Backdu erupts. Thus the inventory lists and their damage functions of Gangwon provinces were collected. In particular agricultural and forestry products were surveyed based on the land use. Direct damages were estimated using volcanic ash distribution of eruption scenarios, inventory information and their damage functions. In result, a scenario in winter caused the damage of 299.8 billion KRW (20.4% of total agricultural production in 2010) and 28.9 billion KRW (9.0% of total forestry production in 2010) in agriculture and forestry, respectively. The damages in agriculture was larger, and it is due to the damage functions which show the agricultural products are more vulnerable to volcanic ash than forestry products. Also the agricultural production (1,471.7 billion KRW in 2010) are more than 4.5 times the forestry production (322.3 billion KRW in 2010) in Gangwon province. Inje and Gangnung had the most damages in the scenario in winter. Inje had the most damage due to the thick ash deposit (8.5 mm in average) despite the low production. On the other hand, Goseong had a low damage compared to the ash thickness larger than 20mm, owing to the low production. The direct damage estimated through this process can be used to estimate indirect damages.
Keywords
Mt. Baekdu; volcano; volcanic ash; direct damage; catastrophe risk model;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
연도 인용수 순위
1 Lee, Y.-J., Kim, S.-D., Chun, J.-S. and Woo, G. (2013) Estimation of economic losses on the agricultural sector in Gangwon province, Korea, based on the Baekdusan Volcanic Ash Damage Scenario. Journal of the Korean earth science society, v.34, p.515-523.   과학기술학회마을   DOI   ScienceOn
2 UN Economic Commission for Latin America and the Caribbean (ECLAC) (1991) MANUAL FOR ESTIMATING THE SOCIOECONOMIC EFFECTS OF NATURAL DISASTERS. UN ECLAC, 24p.
3 Wilson, T.M. and Kaye, G.D. (2007) Agricultural fragility estimates for volcanic ash fall hazards. GNS Science, 51p.
4 Yu S. (2011) Analysis of Hazus-MH4 for the development of hazard loss estimation software in Korea. Magazine of KOSHAM, v.11, p.83-89.
5 Yu, S. and An, H. (2013) Study of flood loss estimation using Hazus-MH 2.1. Journal of Risk Management, v.24, p.29-57.   DOI
6 Lee, S.S. (2012) Mt. Baekdu Volcanic Disaster Preparedness Research. Magazine of KOSHAM, v.12, p.27-39.
7 Lee, S.S. and Cho, H.D. (2006) Introduction of Hazus-MH as a tool to estimate the damage from storm and flood. Journal of Korean geotechnical society, v.7, p.26-30.
8 Ministry of Construction and Transportation (MCT) (2004) Study on the methods for economic impact analysis of flood control projects: Multi-dimensional flood damage analysis. MCT, 428p.
9 Miyayiri, K. (1994) The Impact of Volcano for the Regional Economic Communities and Local Governments. Public Lectures from Nagasaki University, v.6, p.219-232.
10 National Institute for Disaster Prevention (NIDP) (2003) Study for the establishment of earthquake disaster information system. NIDP, 109p.
11 National Institute for Disaster Prevention (NIDP) (2006) Study on the algorithm for typhoon risk assessment. NIDP, 276p.
12 National Institute for Disaster Prevention (NIDP) (2007) Development of the fragility functions of industrial buildings due to wind hazard in Korea. NIDP, 230p.
13 Oregon Department of Geology and Mineral Industries (DOGAMI) (2012) Mount Hood Multi-Hazards Risk Study. DOGAMI, 4p.
14 Pusan National University (PNU) (2013) Development of risk assessment technology for volcanic disaster from ash dispersion, flood, lahars, PDC. PNU, 622p.
15 Pusan National University (PNU) (2014) Development of risk assessment technology for volcanic disaster from ash dispersion, flood, lahars, PDC. PNU. (in press)
16 Stone, R. (2011) Vigil at North Korea's Mount Doom. Science, v.334, p.584-588.   DOI
17 Jiang, Z., Yu, S. and Yoon, S.-M. (2014) Research methodology for the economic impact assessment of natural disasters and its applicability for the Baekdu Mountain volcanic disaster. Economic and Environmental Geology, v.47, p. 133-146.   과학기술학회마을   DOI
18 Kang K.-G., Chu, J.-M., Jung, H.-S., Han, H.-J. and Yu, N.-M. (2004) A study on the analysis of damages from the northeast asian dust and sand storm and the regional cooperation strategies. Korea Environment Institute, 241p.
19 DOGAMI(2012) DOGAMI fact sheet: Mount Hood Multi-Hazards Risk Study. Oregon Department of Geology and Mineral Industries, 4p.
20 Grossi, P. and Kunreuther, H. (2005) Catastrophe Modeling:a new approach to managing risk. Springer, 252p.
21 Kang, S.Y., Kim, K.H., Kim, D.C., Yoo, H.S., Min, D.J. and Suk, B.C. (2007) A Preliminary Study of the Global Application of HAZUS and ShakeMap for Loss Estimation from a Scenario Earthquake in the Korean Peninsula. Journal of the Korean Association of Geographic Information Studies, v.10, p.47-59.   과학기술학회마을
22 Kaveckis, G., Paulus, G. and Mickey, K.J. (2012) HAZ-I -A New Framework for International Applications of the Hazus-MH Flood Risk Assessment. In Jekel, T., Car, A., Strobl, J. and Griesebner, G. (ed.) GI_Forum 2012: Geovizualisation, Society and Learning, Herbert Wichmann, Verlag, VDE VERLAG GMBH, Berlin/Offenbach, p.426-435.
23 Korea Insurance Development Institute (KIDI) (2005) Natural hazard risk management and CAT models. KIDI, 23p.
24 Langmann, B. (2013) Volcanic ash versus mineral dust : atmospheric processing and environmental and climate impacts. Atmospheric Sciences, p.1-17.
25 Cuny, F.C. (1983) Disasters and development. Oxford University Press, New York, 272p.
26 Lee, S.-H., Jang, E.-S. and Lee, H.-M. (2012) A case analysis of volcanic ash dispersion under various volcanic explosivity index of the Mt. Baegdu. Journal of Korean Earth Science Society, v.33, p.280-293.   과학기술학회마을   DOI   ScienceOn
27 Cabinet of Japan (2002) Damage estimation of a historic eruption of Mount Fuji. Cabinet Office of Japan, 124p.
28 Choi, J.M. (2010) Analysis of typhoon loss estimation program HAZUS-MH. Proceeding of the Korean geographical society, p.217.