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Detail
BukuFlood Insurance and Risk Reduction: Market Penetration, Coverage, and Mitigation in Coastal North Carolina
Bibliografi
Author: Ahmadiani, Mona ; Ferreira, Susana ; Landry, Craig E.
Topik: JEL Classi?cation: D81; D90; G22; Q54
Bahasa: (EN )    Edisi: 85(4)    
Penerbit: the Southern Economic Association     Tahun Terbit: 2019    
Jenis: Article - diterbitkan di jurnal ilmiah internasional
Fulltext: Flood Insurance and Risk Reduction.pdf (374.01KB; 0 download)
Abstract
This article provides an overview of ?ood risk management in the United States, focusing on the National Flood Insurance Program and the Community Ratings System (CRS), which is designed to promote ?ood hazard mitigation. We review the empirical literature that examines market penetration and demand for ?ood insurance, as well as factors that in?uence community participation in CRS. Combining data from separate (but similar) surveys conducted in Dare County, North Carolina in 1998 and 2008, we examine trends in ?ood insurance holdings and explore the extensive (binary participation) and intensive (coverage level) margins using regression analysis. We explore trends in CRS mitigation activities in Dare County and discuss potential dif?culties in analyzing these data. Finally, we highlight avenues for future research.
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