@article{ref1,
title="Catastrophe-induced destruction and reconstruction",
journal="Natural hazards review",
year="2006",
author="De Silva, Dakshina G. and Kruse, Jamie B. and Wang, Yongsheng",
volume="7",
number="1",
pages="19-25",
abstract="This study examines the destruction caused by the May 3, 1999 Oklahoma City tornado and the rebuilding process using panel data techniques. The results indicate that, within , the average property value of the damaged cohort exceeded the undamaged group. We use a unique data set that includes individual Fujita-scale damage assessments from Texas Tech University in conjunction with estimates of market value provided by the Oklahoma County Tax Assessor. We estimate the relationship between the Fujita-scale damage assessment and the monetary loss in market value. Our results suggest that the greatest opportunity to reduce monetary losses from tornado damage is for low-intensity tornadoes. Further, at damage ratings of F1 and higher, research should be directed toward life safety measures.<p />",
language="",
issn="1527-6988",
doi="10.1061/(ASCE)1527-6988(2006)7:1(19)",
url="http://dx.doi.org/10.1061/(ASCE)1527-6988(2006)7:1(19)"
}