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DOI10.1016/j.gloenvcha.2013.03.011
The political economy of natural disaster damage
Neumayer E.; Plümper T.; Barthel F.
发表日期2014
ISSN0959-3780
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
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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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