ANALYZING REGIONAL ECONOMIC IMPACTS OF EXPECTED ISTANBUL EARTHQUAKE: INDIRECT EFFECTS OF HIGHWAY DISRUPTIONS AND LIFELINE OUTAGES

Istanbul is a potential location for a great earthquake. Istanbul produces more than 30 % of GDP and iplies the existence of agglomeration at the spatial scale for Turkey. An earthquake in this region may cause a catastrophic result in the whole country. Analyzing the economic loss of an expected earthquake will shed light on the development of policies to reduce the destructive effects of the earthquake.