TY  - JOUR
PY  - 2020//
TI  - Does resilience yield dividends? Co-benefits of investing in increased resilience in Cedar Rapids
JO  - Econ Syst Res
A1  - Fung, Juan F.
A1  - Helgeson, Jennifer F.
A1  - Webb, David H.
A1  - O'Fallon, Cheyney M.
A1  - Cutler, Harvey
SP  - e1798359
EP  - e1798359
VL  - 32
IS  - 
N2  - Cedar Rapids, IA, offers a unique case study in planning for increased resilience. In 2008, Cedar Rapids experienced severe flooding. Rather than simply rebuilding, the city of Cedar Rapids began to invest in a resilient flood control system and in the revitalization of its Downtown neighborhood. This paper develops a Computable General Equilibrium (CGE) model for the regional economy of Cedar Rapids to quantify 'resilience dividends': net co-benefits of investing in increased resilience. A resilience dividend includes benefits to the community even if another disaster does not occur. We build a CGE model of Cedar Rapids at two different time periods: one in 2007, before the flooding, and one in 2015, after the flooding and initial investment in resilience. We show that a positive economic shock to the economy results in larger co-benefits for key economic indicators in 2015 than in 2007. Our approach illustrates how co-benefits are distributed throughout the economy.<p />  <p>Language: en</p>
LA  - en
SN  - 1469-5758
UR  - http://dx.doi.org/10.1080/09535314.2020.1798359
ID  - ref1
ER  -