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Article

The Value of Water—Estimating Water-Disruption Impacts on Businesses

1
RISE Research Institutes of Sweden, Box 857, 501 15 Borås, Sweden
2
Department of Architecture and Civil Engineering, Chalmers University of Technology, 412 96 Göteborg, Sweden
3
Swedish National Road and Transport Research Institute, Box 55685, 102 15 Stockholm, Sweden
*
Author to whom correspondence should be addressed.
Academic Editors: Maria Mimikou and Marco Franchini
Water 2021, 13(11), 1565; https://doi.org/10.3390/w13111565
Received: 24 March 2021 / Revised: 28 May 2021 / Accepted: 29 May 2021 / Published: 1 June 2021
(This article belongs to the Special Issue Risk Assessment and Decision Support in Drinking Water Systems)
As water serves as a necessary and often irreplaceable input in a range of goods and services, a disruption in water supply can cause lost production and sales for businesses. Thus, large benefits may be generated by reducing the risk of water disruptions. To enable selection of economically viable risk mitigation measures, the investment costs should be weighed against the benefits of risk mitigation. Consequently, quantitative estimates of the consequences of disruptions need to be available. However, despite the importance of water to businesses, the literature on their financial losses due to short and long-term water disruptions is still scarce. The aim of this paper is to estimate time-dependent water supply resiliency factors for economic sectors, i.e., a metric focusing on the level of output that businesses can uphold during a disruption, to contribute to better decision support for water supply planning and risk management. An online survey was used to gather data from 1405 companies in Sweden on consequences of complete and unplanned water supply outages. Results show that Food, beverage and tobacco manufacturing and Accommodation and food services are the two most severely affected sectors over all analyzed disruption durations. View Full-Text
Keywords: water supply outage; critical infrastructure disruption; economic loss; business interruption; resiliency factor; risk mitigation water supply outage; critical infrastructure disruption; economic loss; business interruption; resiliency factor; risk mitigation
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MDPI and ACS Style

Sjöstrand, K.; Klingberg, J.; Zadeh, N.S.; Haraldsson, M.; Rosén, L.; Lindhe, A. The Value of Water—Estimating Water-Disruption Impacts on Businesses. Water 2021, 13, 1565. https://doi.org/10.3390/w13111565

AMA Style

Sjöstrand K, Klingberg J, Zadeh NS, Haraldsson M, Rosén L, Lindhe A. The Value of Water—Estimating Water-Disruption Impacts on Businesses. Water. 2021; 13(11):1565. https://doi.org/10.3390/w13111565

Chicago/Turabian Style

Sjöstrand, Karin, Josefine Klingberg, Noor S. Zadeh, Mattias Haraldsson, Lars Rosén, and Andreas Lindhe. 2021. "The Value of Water—Estimating Water-Disruption Impacts on Businesses" Water 13, no. 11: 1565. https://doi.org/10.3390/w13111565

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