• KSCE Journal of Civil and Environmental Engineering Research
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• v.26 no.4B
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• pp.363-369
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• 2006

A simple and an improved methods for the economic analysis of the flood control project has been in previous studies in Korea. In 2004, the Multi-Dimensional Flood Damage Analysis (MD-FDA) was developed and now it is widely used for the economic analysis of flood control project. However, the MD-FDA was developed for general damage assessment and analysis without consideration of specific regional characteristics such as urban and rural areas. To compensate the MD-FDA for the application in urban area, a part of damage estimation components is modified and a component for the flood damage estimation is suggested. The component we suggest is for the consideration of the capability of stormwater pump stations in the study area. When flood is occurred in the urban area, the damage potential is larger than the rural area because of the concentration of human lives and properties. So, many stormwater pump stations are located in the urban area and the inundation depth is estimated by considering the capabilities of pump stations. We also compensate the damage components such as the damages of industrial area, and public facilities for the flood damage estimation of the urban area. The results by the compensated MD-FDA for the urban area application with those by original MD-FDA are compared. As a result the B/C ratio showed 6.75 and 5.51 respectively for the modified and original MD-FDA. This difference might be largely affected by the damage rate of the public facilities.

• Journal of Korea Water Resources Association
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• v.39 no.1 s.162
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• pp.1-9
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• 2006

Recently, the flood damages including losses of human lifes and property have been rapidly increased according to extreme floods. And we know that the flood control project is needed for diminishing flood damages. However, we have had the lacks in a reasonable methodology for the economic analysis of food control project. This study aims to improve the existing economic analysis method for flood control project. So, first of all, we understand the problems of existing economic analysis and investigate the methodologies of foreign countries. Based on that, the Multi-Dimensional Flood Damage Analysis(MD-FDA) is developed in this study. The survey of properties on the floodplain is conducted, then the damage rate obtained by evaluating the monetary values of surveyed property is applied, and the expected flood damage is calculated. Also by considering damage area in the floodplain as well as spatial distribution of inundated depth using GIS, the flood damages are evaluated more accurately than existing method. From the study, we know that the MD-FDA can improve the problems of existing method and evaluate the reasonable flood damages by using updated nation리 statistics.