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DOI | 10.1016/j.gloenvcha.2013.03.011 |
The political economy of natural disaster damage | |
Neumayer E.; Plümper T.; Barthel F. | |
发表日期 | 2014 |
ISSN | 0959-3780 |
卷号 | 24期号:1 |
英文摘要 | Economic damage from natural hazards can sometimes be prevented and always mitigated. However, private individuals tend to underinvest in such measures due to problems of collective action, information asymmetry and myopic behavior. Governments, which can in principle correct these market failures, themselves face incentives to underinvest in costly disaster prevention policies and damage mitigation regulations. Yet, disaster damage varies greatly across countries. We argue that rational actors will invest more in trying to prevent and mitigate damage the larger a country's propensity to experience frequent and strong natural hazards. Accordingly, economic loss from an actually occurring disaster will be smaller the larger a country's disaster propensity - holding everything else equal, such as hazard magnitude, the country's total wealth and per capita income. At the same time, damage is not entirely preventable and smaller losses tend to be random. Disaster propensity will therefore have a larger marginal effect on larger predicted damages than on smaller ones. We employ quantile regression analysis in a global sample to test these predictions, focusing on the three disaster types causing the vast majority of damage worldwide: earthquakes, floods and tropical cyclones. © 2013 Elsevier Ltd. |
英文关键词 | Economic damage; Hazard; Natural disaster; Political economy |
语种 | 英语 |
来源期刊 | Global Environmental Change |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/117824 |
作者单位 | London School of Economics, Department of Geography and Environment, United Kingdom; Grantham Research Institute on Climate Change and the Environment, United Kingdom; University of Essex, Department of Government, United Kingdom |
推荐引用方式 GB/T 7714 | Neumayer E.,Plümper T.,Barthel F.. The political economy of natural disaster damage[J],2014,24(1). |
APA | Neumayer E.,Plümper T.,&Barthel F..(2014).The political economy of natural disaster damage.Global Environmental Change,24(1). |
MLA | Neumayer E.,et al."The political economy of natural disaster damage".Global Environmental Change 24.1(2014). |
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