Socioeconomic effects of the national flood insurance program / James P. Howard, II.
2016
HG9983.3
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Title
Socioeconomic effects of the national flood insurance program / James P. Howard, II.
ISBN
9783319290638 (electronic book)
3319290630 (electronic book)
9783319290621
3319290630 (electronic book)
9783319290621
Published
[Cham] : Springer, 2016.
Language
English
Description
1 online resource.
Call Number
HG9983.3
Dewey Decimal Classification
368.1222/00973
Summary
This Brief presents a benefit-cost analysis of the National Flood Insurance Program (NFIP) as well as an evaluation of its cumulative socioeconomic effects. Created by Congress in 1968, the NFIP provides flood insurance protection to property owners, in return for local government commitment to sound floodplain management. Since 1994, the NFIP has included a Flood Mitigation Assistance (FMA) program to provide local communities with support for flood mitigation. This book offers quantitative evidence of the net social benefit of the NFIP for the years 1996-2010, including an independent assessment of the consumer benefit.℗ℓ Second, it provides distributionally weighted analysis to show the socioeconomic effects of payments and claims. Finally, this Brief includes an analysis of the change in government revenue attributable to the NFIP and FMA programs. The models used in each component of the analysis are usable by others for extending and revising the analysis. Providing a comprehensive analysis of this increasingly important federal policy, this Brief will be of use to students of environmental economics and public policy as well as those interested in risk management in the era of climate change. ℗ℓ℗ℓ.
Bibliography, etc. Note
Includes bibliographical references and index.
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Access limited to authorized users.
Source of Description
Online resource; title from PDF title page (viewed May 12, 2016)
Series
SpringerBriefs in political science.
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