Categories: Natural Hazards, Floods, Hurricanes, Tornadoes, Weather

Do Natural Disasters Have Long-term Effects on Growth?

Abstract: Large natural disasters (LNDs) are ubiquitous phenomena with potentially large impacts on the infrastructure and population of countries and on their economic activity in general. Using a panel of 113 countries and 36 years of data, Christian R… more »

Can Mangroves Minimize Property Loss during Big Storms? An Analysis of House Damage due to the Super Cyclone in Orissa

Abstract: Storm protection is an important regulating service provided by mangrove forests because they can shield inland property and lives during tropical cyclones. Theoretical as well as empirical research shows that mangroves provide protection from… more »

Non-linear incentives, plan design, and flood mitigation: the case of the Federal Emergency Management Agency's community rating system

Abstract: A basic proposition of 'agency theory' is that output-based performance incentives encourage greater effort. However, studies find that incentive schemes can distort effort if rewards for performance are discrete or non-linear. The Federal Emer… more »

On the Use of Subjective Well-Being Data for Environmental Valuation

Abstract: This paper explores the potential of using subjective well-being (SWB) data to value environmental attributes. A theoretical framework compares this method, also known as the life-satisfaction approach, with the standard hedonic pricing approac… more »

Version 4.5.5 of Mitigation Benefit-Cost Analysis (BCA) Toolkit Released

Version 4.5.5 of the Mitigation Benefit-Cost Analysis (BCA) Toolkit was released in August of 2009. The toolkit includes all of the FEMA BCA software, technical guides and tools to conduct a Benefit Cost Analysis. Version 4.5.5 represents a major updat… more »