語系:
繁體中文
English
說明(常見問題)
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
Essays in the Economics of Natural Disasters.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
Essays in the Economics of Natural Disasters./
作者:
Vinnakota, Mythili.
面頁冊數:
1 online resource (91 pages)
附註:
Source: Dissertations Abstracts International, Volume: 85-12, Section: A.
Contained By:
Dissertations Abstracts International85-12A.
標題:
Public administration. -
電子資源:
click for full text (PQDT)
ISBN:
9798382782973
Essays in the Economics of Natural Disasters.
Vinnakota, Mythili.
Essays in the Economics of Natural Disasters.
- 1 online resource (91 pages)
Source: Dissertations Abstracts International, Volume: 85-12, Section: A.
Thesis (Ph.D.)--The University of Chicago, 2024.
Includes bibliographical references
Natural disasters are an enormous source of destruction in the United States, and the target of many policy interventions. This dissertation research focuses on hurricane and flooding disaster events, evaluating the implementation of complementary flood policies and addressing the various economic impacts of hurricane exposure.The first chapter considers the interaction of two key flood policy instruments commonly used in the US, levee infrastructure and flood insurance, and measures how much flood insurance take-up changes in response to levee provision. Levees are critical infrastructure that reduce expected flood damage in a protected area. When a levee is constructed, and later accredited by the Federal Emergency Management Agency (FEMA), it alters inherent flood risk, flood insurance prices, and mandatory insurance purchase requirements. Using a novel panel dataset drawing from the National Levee Database, manually collected levee accreditation documentation, and FEMA flood insurance data, we leverage variation in levee construction and accreditation timing within a difference-in-differences design. Construction timing allows us to examine insurance take-up as a result of decreased flood risk, while takeup responses to accreditation reflect changes in insurance prices and mandatory purchase requirements. This chapter has three main findings: first, we find that on net, households substitute flood insurance for levee provision, decreasing insurance take-up by 16 percent. When we further decompose this effect, we find that households initially respond to levee construction with a large decrease in demand, which is then mitigated by price reductions following levee accreditation. Third, we estimate that decreases in flood insurance take-up due to levee provision crowds out aggregate household insurance spending by $183,325 per levee-mile.The second and third chapters consider the impacts of hurricane exposure on the business and housing sectors. In the United States, hurricanes can cause billions of dollars of damages through property and infrastructure damage, and the interruption of routine economic activity. Previous research has studied macroeconomic indicators of economic progress following these devastating disasters, but there is limited evidence on how hurricanes impact business survival and outcomes, and how hurricanes impact heterogeneous populations such as renters within the housing market. Chapter 2 combines detailed spatial data on hurricane trajectories with county-level characteristics on establishment volume to measure business volume changes following a natural disaster. Using an event study design, I find that establishment volume increases by up to 4.7 percent following a hurricane event, and this increase persists for the decade following the disaster. Through a size- and industry-based heterogeneity analysis, I find that very small establishments displace bigger establishments over time, while the share of large establishments remains constant over time. Regarding industry, I find that the construction, service, and retail trade industries largely follow the positive aggregate trend, though the positive impacts on the construction industry peak soon after the hurricane exposure. Chapter 3 combines spatial data on hurricane trajectories with median contract rent data from HUD within an event study design. We find that following a hurricane, median rent persistently decreases, by up to $75 for three-bedroom properties, or 6.2 percent of baseline rental rates.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024
Mode of access: World Wide Web
ISBN: 9798382782973Subjects--Topical Terms:
562473
Public administration.
Subjects--Index Terms:
Flood infrastructureIndex Terms--Genre/Form:
554714
Electronic books.
Essays in the Economics of Natural Disasters.
LDR
:04929ntm a22004217 4500
001
1151723
005
20241118085744.5
006
m o d
007
cr mn ---uuuuu
008
250605s2024 xx obm 000 0 eng d
020
$a
9798382782973
035
$a
(MiAaPQ)AAI31147539
035
$a
AAI31147539
040
$a
MiAaPQ
$b
eng
$c
MiAaPQ
$d
NTU
100
1
$a
Vinnakota, Mythili.
$3
1478540
245
1 0
$a
Essays in the Economics of Natural Disasters.
264
0
$c
2024
300
$a
1 online resource (91 pages)
336
$a
text
$b
txt
$2
rdacontent
337
$a
computer
$b
c
$2
rdamedia
338
$a
online resource
$b
cr
$2
rdacarrier
500
$a
Source: Dissertations Abstracts International, Volume: 85-12, Section: A.
500
$a
Advisor: Ito, Koichiro.
502
$a
Thesis (Ph.D.)--The University of Chicago, 2024.
504
$a
Includes bibliographical references
520
$a
Natural disasters are an enormous source of destruction in the United States, and the target of many policy interventions. This dissertation research focuses on hurricane and flooding disaster events, evaluating the implementation of complementary flood policies and addressing the various economic impacts of hurricane exposure.The first chapter considers the interaction of two key flood policy instruments commonly used in the US, levee infrastructure and flood insurance, and measures how much flood insurance take-up changes in response to levee provision. Levees are critical infrastructure that reduce expected flood damage in a protected area. When a levee is constructed, and later accredited by the Federal Emergency Management Agency (FEMA), it alters inherent flood risk, flood insurance prices, and mandatory insurance purchase requirements. Using a novel panel dataset drawing from the National Levee Database, manually collected levee accreditation documentation, and FEMA flood insurance data, we leverage variation in levee construction and accreditation timing within a difference-in-differences design. Construction timing allows us to examine insurance take-up as a result of decreased flood risk, while takeup responses to accreditation reflect changes in insurance prices and mandatory purchase requirements. This chapter has three main findings: first, we find that on net, households substitute flood insurance for levee provision, decreasing insurance take-up by 16 percent. When we further decompose this effect, we find that households initially respond to levee construction with a large decrease in demand, which is then mitigated by price reductions following levee accreditation. Third, we estimate that decreases in flood insurance take-up due to levee provision crowds out aggregate household insurance spending by $183,325 per levee-mile.The second and third chapters consider the impacts of hurricane exposure on the business and housing sectors. In the United States, hurricanes can cause billions of dollars of damages through property and infrastructure damage, and the interruption of routine economic activity. Previous research has studied macroeconomic indicators of economic progress following these devastating disasters, but there is limited evidence on how hurricanes impact business survival and outcomes, and how hurricanes impact heterogeneous populations such as renters within the housing market. Chapter 2 combines detailed spatial data on hurricane trajectories with county-level characteristics on establishment volume to measure business volume changes following a natural disaster. Using an event study design, I find that establishment volume increases by up to 4.7 percent following a hurricane event, and this increase persists for the decade following the disaster. Through a size- and industry-based heterogeneity analysis, I find that very small establishments displace bigger establishments over time, while the share of large establishments remains constant over time. Regarding industry, I find that the construction, service, and retail trade industries largely follow the positive aggregate trend, though the positive impacts on the construction industry peak soon after the hurricane exposure. Chapter 3 combines spatial data on hurricane trajectories with median contract rent data from HUD within an event study design. We find that following a hurricane, median rent persistently decreases, by up to $75 for three-bedroom properties, or 6.2 percent of baseline rental rates.
533
$a
Electronic reproduction.
$b
Ann Arbor, Mich. :
$c
ProQuest,
$d
2024
538
$a
Mode of access: World Wide Web
650
4
$a
Public administration.
$3
562473
650
4
$a
Public policy.
$3
1002398
653
$a
Flood infrastructure
653
$a
Flood insurance
653
$a
Hurricanes
653
$a
Natural disasters
653
$a
Public finance
655
7
$a
Electronic books.
$2
local
$3
554714
690
$a
0630
690
$a
0501
690
$a
0438
690
$a
0454
690
$a
0617
710
2
$a
The University of Chicago.
$b
Public Policy Studies.
$3
1185371
710
2
$a
ProQuest Information and Learning Co.
$3
1178819
773
0
$t
Dissertations Abstracts International
$g
85-12A.
856
4 0
$u
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=31147539
$z
click for full text (PQDT)
筆 0 讀者評論
多媒體
評論
新增評論
分享你的心得
Export
取書館別
處理中
...
變更密碼[密碼必須為2種組合(英文和數字)及長度為10碼以上]
登入