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The defective structures are replaced periodically which leads to indirect loss in the national growth.
Many dispute the inclusion of indirect loss, since it is so hard to quantify.
Additionally, the probabilistic direct loss, indirect loss, and resilience of bridges under seismic hazard are investigated.
"It is very important that there be a recognition that a significant cost of the attack will be a direct and indirect loss of revenues," Mr. Barsky said.
The results indicate that the maximum total expected indirect loss is much higher than the maximum total expected direct loss.
Indirect loss, such as that resulting from the interruption of business, are excluded but may be covered under a separate contract.
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In the United States, direct losses would be around $30 billion, and indirect losses $170 billion.
The EU will suffer less from indirect losses, because it has a more or less even trade balance with China.
Together, the Justice Department estimates, the two malicious programs have infected between 500,000 and a million computers and cost people more than $100 million in direct and indirect losses.
When failure occurs, direct and indirect losses are high, leaving aside other costs associated with power disruption and litigation.
The European Union and the United States would be affected predominantly by indirect losses passed down along the global trade and supply network, the study says.
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