The Economic Impacts of A Terrorist Attack On the Downtown Los Angeles Financial District

Publication Type: 
Peter Gordon
Harry W. Richardson
James E. Moore II
Qisheng Pan
This paper summarizes a study on the economic impacts of a radiological bomb attack on a major office building in Downtown Los Angeles financial district. A radiological bomb will generate effects within an extensive radiation plume that is divided into two zones, an inner zone with one year evacuation and an outer zone with only one month evacuation time. An upto- date version of a Garin-Lowry style regional input-output model called SCPM 2005 is employed to simulate household and firm relocation in three scenarios. The impact analysis focuses on business interruption effects only