Assessing and managing the inoperability of transportation systems and interdependent sectors
As the global economy continues to grow, the importance of the transportation system increases. Many economic sectors depend upon it either for the transport of goods or for commuting purposes. Disruptions to the transportation system, such as those caused by a terrorist attack or a hurricane, can adversely affect the productivity of interdependent sectors. This article seeks to assess the impact of transportation failures on interdependent sectors, leading to the development of a risk management framework for systemic analysis and mitigation of potential consequences. To provide specific insights on interdependencies surrounding transportation systems, case studies have been conducted.
Keywords: computer tools, cost-benefit analysis, economic analysis, inoperability, input-output, interdependency, risk assessment, risk management, security, transportation systems, transport failures