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Inequities in Flood Management Protection Outcomes

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  • Sarmiento, Camilo
  • Miller, Ted E.

Abstract

Knowledge of low-income issues in floodplain management is spotty. Repeated flooding resulting from hurricanes striking North Carolina, and most recently Hurricanes Katrina and Rita, has raised concerns that vulnerable low-income communities may be more exposed to the devastating costs of flooding. This issue has been covered in the popular press but to date has received only modest attention in the academic literature. Shilling et al. (1989) and Browne and Hoyt (2000) evaluated insurance penetration for low income inhabitants. In this paper, we explore the relation of poverty and flood risk in a stratified sample of Census blocks located in special flood hazard areas (SFHAs).

Suggested Citation

  • Sarmiento, Camilo & Miller, Ted E., 2006. "Inequities in Flood Management Protection Outcomes," 2006 Annual meeting, July 23-26, Long Beach, CA 21042, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea06:21042
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    References listed on IDEAS

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    1. James Chivers & Nicholas E. Flores, 2002. "Market Failure in Information: The National Flood Insurance Program," Land Economics, University of Wisconsin Press, vol. 78(4), pages 515-521.
    2. Shilling, James D. & Sirmans, C. F. & Benjamin, John D., 1989. "Flood insurance, wealth redistribution, and urban property values," Journal of Urban Economics, Elsevier, vol. 26(1), pages 43-53, July.
    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.
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    Keywords

    Risk and Uncertainty;

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