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Can RIMS multipliers be used to estimate the economic impacts of natural or man-made disasters?

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Can RIMS multipliers be used to estimate the economic impacts of natural or man-made disasters?

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In general, yes. In fact, RIMS was used to analyze the economic impacts of Hurricanes Andrew in 1992 and Charley in 2004. However, using RIMS multipliers for analyzing the impacts of natural or man-made disasters requires care, because such disasters can cause substantial changes to the structure of the local economy.

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