Contenuto in:
Capitolo

From Damage Assessment to the Forecasting of Financial Requirements: A Mass Appraisal Model for Post-Earthquake Reconstruction

  • Sebastiano Carbonara
  • Davide Stefano

The paper addresses post-earthquake reconstruction as an appraisal and public planning issue. In the Italian case, state intervention after the 2009 earthquake ensured cost coverage, but mainly through ex post mechanisms, without a structured forecast of financial needs. Only in 2024, with the establishment of the Reconstruction Fund (FOR), did a more stable perspective begin to emerge, although the issue of quantification remains unresolved. The international overview shows that funds, insurance schemes and mixed systems all require models capable of estimating economic exposure ex ante. Starting from the limits of current tools, which are mainly oriented towards damage classification, the paper proposes mass appraisal as an inductive method for moving from damage assessment to the forecasting of financial requirements, thereby providing support for public planning.

  • Keywords:
  • Post-earthquake,
  • Reconstruction,
  • Financial forecasting,
  • Mass appraisal,
+ Mostra di più

Sebastiano Carbonara

“Gabriele d’Annunzio” University of Chieti-Pescara, Italy - ORCID: 0000-0001-9234-5812

Davide Stefano

“Gabriele d’Annunzio” University of Chieti-Pescara, Italy - ORCID: 0000-0002-2683-0833

  1. Authority, California Earthquake. 2025. Annual Report to the Legislature and the California Insurance Commissioner on CEA Program Operations: Report for Calendar Year 2024. Sacramento, CA: California Earthquake Authority.
  2. Carbonara, Sebastiano. 2014. “La stima dei costi del patrimonio edilizio privato nella ricostruzione post-sismica abruzzese: un’analisi critica delle procedure utilizzate.” Territorio no. 70:119-125. doi: 10.3280/TR2017-070019. DOI: 10.3280/TR2017-070019
  3. Carbonara, Sebastiano, Daniele Cerasa, Tonino Sclocco, and Enrico Spacone. 2015. “A Preliminary Estimate of the Rebuilding Costs for the Towns of the Abruzzo Region Affected by the April 2009 Earthquake: An Alternate Approach to Current Legislative Procedures.” Computational Science and Its Applications - ICCSA 2015 no. 9157:269-283. doi: 10.1007/978-3-319-21470-2_19. DOI: 10.1007/978-3-319-21470-2_19
  4. Carbonara, Sebastiano, Marco Faustoferri, and Davide Stefano. 2021. “Real Estate Values and Urban Quality: A Multiple Linear Regression Model for Defining an Urban Quality Index.” Sustainability no. 13 (24):13635. doi: 10.3390/ su132413635. DOI: 10.3390/su132413635
  5. Gerstenberger, M. C., S. S. Bora, B. A. Bradley, C. DiCaprio, R. J. Van Dissen, G. M. Atkinson, C. Chamberlain, A. Christophersen, K. J. Clark, G. L. Coffey, C. de la Torre, S. M. Ellis, J. Fraser, K. Graham, and J. Griffin. 2022. New Zealand National Seismic Hazard Model 2022 Revision: Model, Hazard and Process Overview. Lower Hutt, New Zealand: GNS Science. DOI: 10.21420/tb83-7x19
  6. Gurenko, Eugene N., Rodney R. Lester, Olivier Mahul, and Serap Oguz Gonulal. 2006. Earthquake Insurance in Turkey: History of the Turkish Catastrophe Insurance Pool. Washington, DC: World Bank.
  7. Japan, Ministry of Finance. Outline of Japan’s Earthquake Insurance System. Ministry of Finance Japan, Accessed 2026-06-06 2025. Available from https://www.mof.go.jp/english/policy/financial_system/earthquake_insurance/outline_of_earthquake_insurance.html.
  8. Kawata, Yoshiaki. 2017. “The Great East Japan Earthquake and Insurance.” I The Fukushima and Tohoku Disaster: A Review of the Five-Year Reconstruction Efforts, 177-194. Amsterdam: Butterworth-Heinemann/Elsevier.
  9. Penalva Zuasti Jose, S. 2002. “Insuring California Earthquakes and the Role for Catastrophe Bonds.” The Journal of Risk Finance no. 3 (4):54-72. doi: 10.1108/ eb043500.
  10. Perazzini, Selene, Giorgio Gnecco, and Fabio Pammolli. 2024. “A Public–Private Insurance Model for Disaster Risk Management: An Application to Italy.” Italian Economic Journal no. 10 (1):225-267. doi: 10.1007/s40797-022-00210-6. DOI: 10.1007/s40797-022-00210-6
PDF
  • Anno di pubblicazione: 2026
  • Pagine: 304-330

XML
  • Anno di pubblicazione: 2026

Informazioni sul capitolo

Titolo del capitolo

From Damage Assessment to the Forecasting of Financial Requirements: A Mass Appraisal Model for Post-Earthquake Reconstruction

Autori

Sebastiano Carbonara, Davide Stefano

Lingua

Inglese

DOI

10.36253/979-12-215-1113-0.17

Opera sottoposta a peer review

Anno di pubblicazione

2026

Copyright

© 2026 Author(s)

Licenza d'uso

CC BY-NC-SA 4.0

Licenza dei metadati

CC0 1.0

Informazioni bibliografiche

Titolo del libro

ReUso 2026 - New heritage and future strategies. Perspectives on conservation and promotion

Sottotitolo del libro

14th International Congress Barcelona-Girona, 4-7 November

Curatori

Alessandro Scarnato, Marisa García Vergara, Ángeles Layuno Rosas

Opera sottoposta a peer review

Anno di pubblicazione

2026

Copyright

© 2026 Author(s)

Licenza d'uso

CC BY-NC-SA 4.0

Licenza dei metadati

CC0 1.0

Editore

Firenze University Press

DOI

10.36253/979-12-215-1113-0

eISBN (pdf)

979-12-215-1113-0

eISBN (xml)

979-12-215-1112-3

Collana

ReUso

0

Download dei libri

0

Visualizzazioni

Salva la citazione

1.530

Libri in accesso aperto

in catalogo

3.867

Capitoli di Libri

6.674.567

Download dei libri

6.258

Autori

da 1241 Istituzioni e centri di ricerca

di 69 Nazioni

83

scientific boards

da 417 Istituzioni e centri di ricerca

di 46 Nazioni

1.439

I referee

da 400 Istituzioni e centri di ricerca

di 41 Nazioni