Assessment of the Devastating Kahramanmaraş Earthquake: Estimation of Economic Loss Yıkıcı Kahramanmaraş Depreminin Değerlendirilmesi: Ekonomik Kayıp Tahmini
Sosyoekonomi, vol.33, no.66, pp.149-174, 2025 (ESCI, Scopus, TRDizin)
- Publication Type: Article / Article
- Volume: 33 Issue: 66
- Publication Date: 2025
- Doi Number: 10.17233/sosyoekonomi.2025.04.07
- Journal Name: Sosyoekonomi
- Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus, TR DİZİN (ULAKBİM)
- Page Numbers: pp.149-174
- Keywords: Earthquake, Hypothetical Extraction, Regional Input-Output
- Akdeniz University Affiliated: Yes
Abstract
On February 6, 2023, Türkiye was shaken by two powerful earthquakes in the country's southeastern part. Using an input-output table constructed for the earthquake region, this study analyses the short-and long-run regional effects of the Kahramanmaraş earthquake by employing hypothetical extraction and demand shocks. The overall economic loss is expected to be about 102 billion dollars. Assuming that the committed construction investment expenditures and household transfers are actualised, the loss might decrease by about one-third. The manufacturing of food, textile, plastic products and the agricultural sector were identified as having particular significance in creating nationwide effects.