An update of an economic assessment of flood control expenditures of the Federal Ministry of Technology, Infrastructure and Technology.
In order to quantify the direct and indirect economic consequences of flood control measures amounting to 80 million € a dynamic model is used that is based on supply and use tables. The model is capturing a wide range of economic effects that go beyond the capabilities of input-output models. Direct and indirect effects on income employment and value added can be measured by the model.