Advanced Search
MyIDEAS: Login

Modeling national flood insurance policy holding at the county scale in Florida, 1999-2005

Contents:

Author Info

  • Zahran, Sammy
  • Weiler, Stephan
  • Brody, Samuel D.
  • Lindell, Michael K.
  • Highfield, Wesley E.
Registered author(s):

    Abstract

    We analyze household flood insurance purchases in Florida from 1999 to 2005, and the extent to which household insurance purchases correspond with flood mitigation activities by local governments involved in the Federal Emergency Management Agency's (FEMA) Community Rating System (CRS). Regression results indicate that household flood insurance purchases correlate strongly with local government mitigation activities, adjusting for hazard experience, hazard proximity, and community demography. Policy implications of this observed relationship are discussed, assuming four temporal order and floodplain development scenarios, with particular attention to the congruence of outcomes relative to policy objectives.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/B6VDY-4W9Y3DC-1/2/8555b8ac14ba2dbc7bc736611b1194ac
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 68 (2009)
    Issue (Month): 10 (August)
    Pages: 2627-2636

    as in new window
    Handle: RePEc:eee:ecolec:v:68:y:2009:i:10:p:2627-2636

    Contact details of provider:
    Web page: http://www.elsevier.com/locate/ecolecon

    Related research

    Keywords: National Flood Insurance Program Florida Flood mitigation Community rating system Flood risk Moral hazard;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. David M. Drukker, 2003. "Testing for serial correlation in linear panel-data models," Stata Journal, StataCorp LP, vol. 3(2), pages 168-177, June.
    2. Rappaport, Jordan & Sachs, Jeffrey D, 2003. " The United States as a Coastal Nation," Journal of Economic Growth, Springer, vol. 8(1), pages 5-46, March.
    3. Browne, Mark J & Hoyt, Robert E, 2000. " The Demand for Flood Insurance: Empirical Evidence," Journal of Risk and Uncertainty, Springer, vol. 20(3), pages 291-306, May.
    4. Grossman, Sanford J & Hart, Oliver D, 1983. "An Analysis of the Principal-Agent Problem," Econometrica, Econometric Society, vol. 51(1), pages 7-45, January.
    5. Weiler, Stephan & Theobald, David, 2003. "Pioneers of Rural Sprawl in the Rocky Mountain West," The Review of Regional Studies, Southern Regional Science Association, vol. 33(3), pages 264-83.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:68:y:2009:i:10:p:2627-2636. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.