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Total cost of fire in Australia

Bibliographic Data

ID12597509
AuthorsBRIAN ASHE (Macquarie University, corresponding author), K John McAneney (Macquarie University), A J Pitman (0000-0003-0604-3274, UNSW Sydney)
Year2009
Volume12
Issue2
Pages121-136
Publication date2009-02-25
Open AccessNo
TypeARTICLE
VenueJournal of Risk Research (JOURNAL)
Journal identifiersISSN: 1366-9877 • E-ISSN: 1466-4461
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/13669870802648528
OpenAlexW2043169764
LanguageEN
Citations received17
References cited1

Fire, an ever present hazard in Australia, causes approximately 100 fatalities and over 3000 injuries per annum. Significant resources are allocated to mitigate the risk. In this study, we estimate the total cost of fire in Australia for 2005 at AUD$12,000 million or 1.3% of GDP. Comparable studies in the UK, USA, Canada, Denmark and New Zealand are reviewed and show that the cost in these countries ranges between 0.8 and 2% of GDP. Breaking the Australian total down into its component parts, we find that 57% relates to costs in anticipation of fire, 29% for response activities and that the remaining 14% results from the consequences of fire. This estimate shows that the investment in mitigation (86% of the total costs) is over five times the consequences (14%) and raises questions as to whether the current system adopted in Australia is economically efficient

Agricultural economics · Anticipation (artificial intelligence · Business · Economics · Geography · Hazard · Investment (military · Natural resource economics · Political science · Total cost · Computer Science · Disaster Management and Resilience · Environmental Science · Injury Epidemiology and Prevention · Risk Perception and Management

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Citations per year1
Citation span2009 - 2022 (14)
Highly citedNo

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