Socioeconomic Effects of the National Flood Insurance Program

Language: English

Published by Palgrave Macmillan, 2016

3319290622 / 9783319290621

Series: Book 25 of 65 - SpringerBriefs in Political Science

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nach der Bestellung gedruckt Neuware - Printed after ordering - 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. 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.

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Title
Socioeconomic Effects of the National Flood Insurance Program
Author
Ii Howard
Publisher
Palgrave Macmillan
Publication year
2016
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3319290622
ISBN 13
9783319290621
Item weight
224 grams
Dimensions
235x155x8 mm
Series
Book 25 of 65: SpringerBriefs in Political Science

AHA-BUCH GmbH

Einbeck, Germany

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