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An Economic Analysis of Wind Resistant Construction

Sutter, Daniel and De Silva, Dakshina G. and Kruse, Jamie B. (2009) An Economic Analysis of Wind Resistant Construction. Journal of Wind Engineering and Industrial Aerodynamics, 97 (3-4). pp. 113-119. ISSN 0167-6105

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    Abstract

    Reinforced construction and strengthened building codes have been demonstrated to reduce expected damage from hurricanes in a cost effective manner. We examine whether reinforced construction (e.g. anchor bolts, hurricane clips, directional nailing) can provide efficient mitigation of property damage from tornadoes, using a case study of homes damaged in the May 3 1999 Oklahoma City Tornado. We find that if a package of wind resistant construction measures that cost no more than $500 could reduce insured losses by 30%, wind resistant construction could have a positive net present value in the most tornado prone states. A 30% reduction in wind damage is in line with estimates of damage reduction for construction in hurricane winds. The expected property damage reduction falls off rapidly in less tornado prone states.

    Item Type: Article
    Journal or Publication Title: Journal of Wind Engineering and Industrial Aerodynamics
    Uncontrolled Keywords: Tornadoes ; Wind hazards ; Mitigation ; Efficiency
    Subjects: UNSPECIFIED
    Departments: Lancaster University Management School > Economics
    ID Code: 52472
    Deposited By: ep_importer_pure
    Deposited On: 08 Feb 2012 09:47
    Refereed?: Yes
    Published?: Published
    Last Modified: 09 Apr 2014 23:03
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/52472

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