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The economic and fiscal impacts of Hurricane Sandy in New Jersey, a macroeconomic analysis

Descriptive

Language
LanguageTerm (authority = ISO 639-3:2007); (type = text)
English
Subject
HierarchicalGeographic
Country
UNITED STATES
State
New Jersey
TypeOfResource
Text
Abstract (type = abstract)
This report estimates the macroeconomic and fiscal impacts of Hurricane Sandy on the economy of New Jersey using the R/ECON™ forecasting model of the state’s economy. The model consists of more than 250 quarterly time-series equations and 30 employment sectors.

The analysis takes into account both the economic losses resulting from the hurricane and the offsetting positive economic impacts associated with recovery and reconstruction spending in the months and years following the storm.

However, the estimates of impacts depend upon the restoration expenditures actually being made. If the funds for these restoration and recovery expenditures are not made available, the offsetting positive impacts to the economy will not occur and the New Jersey economy will be significantly damaged. See Section 3 for estimates of the negative impacts if restoration expenditures are not made.
OriginInfo
DateCreated (encoding = w3cdtf); (keyDate = yes); (qualifier = exact)
2013
Publisher
Edward J. Bloustein School of Planning and Public Policy
PhysicalDescription
InternetMediaType
application/pdf
Extent
16 p.
Subject (authority = local)
Topic
Recovery
Subject (authority = local)
Topic
R/ECON ™ (Mathematical model)
Subject (authority = LCSH)
Topic
Economic forecasting
Subject (authority = LCSH)
Topic
Hurricane Sandy, 2012
Subject (authority = local)
Topic
Post-Hurricane Sandy
Subject (authority = local)
Topic
Reconstruction
Subject (authority = NJEDL_PT)
Topic
Climate
Subject (authority = NJEDL_PT)
Topic
Climate change
Subject (authority = LCSH)
Topic
Climatic changes
Subject (authority = LCSH)
Topic
Global warming
Subject (authority = LCSH)
Topic
Economic impact analysis
TitleInfo
Title
The economic and fiscal impacts of Hurricane Sandy in New Jersey, a macroeconomic analysis
Name (type = personal)
NamePart (type = family)
Mantell
NamePart (type = given)
Nancy H.
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RoleTerm (authority = marcrt); (type = text)
author
Affiliation
BSPPP-Ctr Urban Policy Rsrch, Rutgers University
Name (type = personal)
NamePart (type = family)
Seneca
NamePart (type = given)
Joseph J.
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RoleTerm (authority = marcrt); (type = text)
author
Affiliation
Exec VP for Academic Affairs, Rutgers University
Name (type = personal)
NamePart (type = family)
Lahr
NamePart (type = given)
Michael L.
Role
RoleTerm (authority = marcrt); (type = text)
author
Affiliation
Center for Urban Policy Research (CUPR), Rutgers University
Name (type = personal)
NamePart (type = family)
Irving
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Will
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RoleTerm (authority = marcrt); (type = text)
author
Affiliation
Dean's Office (Edward J. Bloustein School of Planning and Public Policy), Rutgers University
Name (type = personal)
NamePart (type = family)
Hughes
NamePart (type = given)
James W.
Affiliation
Dean's Office (Edward J. Bloustein School of Planning and Public Policy), Rutgers University
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collaborator
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Edward J. Bloustein School of Planning and Public Policy
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Center for Urban Policy Research (CUPR)
Name (authority = RutgersOrg-Department); (type = corporate)
NamePart
Dean's Office (Edward J. Bloustein School of Planning and Public Policy)
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TitleInfo
Title
New Jersey Environmental Digital Library
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rucore00000002073
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Seneca, Joseph J.
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rucore30154400001
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Title
Hughes, James W.
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rucore30150500001
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Mantell, Nancy H.
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rucore30155500001
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Lahr, Michael L.
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rucore30152600001
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Irving, Will
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rucore30155600001
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NjNbEDL
Identifier (type = doi)
doi:10.7282/T3Q81B9X
Genre (authority = RULIB-FS)
Other Publication
Genre (authority = NISO JAV)
Version of Record (VoR)
Genre (authority = AAT)
reports
Genre (authority = ExL-Esploro)
Journal Article
Note (type = version identification)
This report was published as Issue Paper Number 34, January 2013, in Rutgers Regional Report.
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2013
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Journal
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Has part
Name
Rutgers Regional Report
Identifier (type = volume and issue)
34
Reference (type = digital)
http://policy.rutgers.edu/reports/rrr/RRR34jan13.pdf
Detail
1-16
Extension
DescriptiveEvent
Type
Index
DateTime (encoding = w3cdtf); (qualifier = exact)
2014-03-13
Detail
Accessed 2014-03-13
AssociatedObject
Type
Directory
Relationship
References
Name
New Jersey Climate Adaptation Directory
Reference (type = digital)
http://njadapt.rutgers.edu/resources/climate-adaptation-directory
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Copyright for scholarly resources published in RUcore is retained by the copyright holder. By virtue of its appearance in this open access medium, you are free to use this resource, with proper attribution, in educational and other non-commercial settings. Other uses, such as reproduction or republication, may require the permission of the copyright holder.
RightsHolder (type = personal)
Name
FamilyName
Mantell
GivenName
Nancy
MiddleName
H.
Role
Copyright holder
RightsHolder (type = personal)
Name
FamilyName
Seneca
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Joseph
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J.
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Copyright holder
RightsHolder (type = personal)
Name
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Lahr
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Michael
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L.
Role
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RightsHolder (type = personal)
Name
FamilyName
Irving
GivenName
Will
Role
Copyright holder
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Permission or license
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Detail
I hereby grant to Rutgers, The State University of New Jersey (Rutgers) the non-exclusive right to retain, reproduce, and distribute the deposited work (Work) in whole or in part, in and from its electronic format, without fee. This agreement does not represent a transfer of copyright to Rutgers.Rutgers may make and keep more than one copy of the Work for purposes of security, backup, preservation, and access and may migrate the Work to any medium or format for the purpose of preservation and access in the future. Rutgers will not make any alteration, other than as allowed by this agreement, to the Work.I represent and warrant to Rutgers that the Work is my original work. I also represent that the Work does not, to the best of my knowledge, infringe or violate any rights of others.I further represent and warrant that I have obtained all necessary rights to permit Rutgers to reproduce and distribute the Work and that any third-party owned content is clearly identified and acknowledged within the Work.By granting this license, I acknowledge that I have read and agreed to the terms of this agreement and all related RUcore and Rutgers policies.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
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Source

SourceTechnical
SourceType
Text or graphic (paper)
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Technical

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Document
PreservationLevel
full
Generation
Born digital source
OperatingSystem (VERSION = 10.9.2 (13C64))
Mac OS X Mavericks
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