Authors:
- Provides the first comprehensive analysis of the costs and benefits of the NFIP in its nearly 50-year history
- Includes the first estimate of the demand curve for flood insurance in the United States
- Calculates long-term net social benefits of the NFIP and FMA through 2060
Part of the book series: SpringerBriefs in Political Science (BRIEFSPOLITICAL)
Buy it now
Buying options
Tax calculation will be finalised at checkout
Other ways to access
This is a preview of subscription content, log in via an institution to check for access.
Table of contents (8 chapters)
-
Front Matter
-
Back Matter
About this book
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.  Â
Authors and Affiliations
-
COLUMBIA, USA
James P. Howard, II
Bibliographic Information
Book Title: Socioeconomic Effects of the National Flood Insurance Program
Authors: James P. Howard, II
Series Title: SpringerBriefs in Political Science
DOI: https://doi.org/10.1007/978-3-319-29063-8
Publisher: Springer Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: Springer International Publishing Switzerland 2016
Softcover ISBN: 978-3-319-29062-1Published: 27 April 2016
eBook ISBN: 978-3-319-29063-8Published: 20 April 2016
Series ISSN: 2191-5466
Series E-ISSN: 2191-5474
Edition Number: 1
Number of Pages: XV, 124
Number of Illustrations: 7 b/w illustrations, 16 illustrations in colour
Topics: Public Policy, Public Administration, Environmental Economics