NDLI: An Evaluation of the National Flood Insurance Program in Georgia

Please wait, while we are loading the content...

An Evaluation of the National Flood Insurance Program in Georgia

Content Provider	AgEcon Search
Author	Atreya, Ajita Ferreira, Susana
Abstract	The NFIP has been a subject of tremendous interest since 2005 when it was flooded with claims from hurricanes Katrina and Rita, and was eventually drowned in debt. This paper focuses on the state of Georgia that has been neglected in terms of enforcing NFIP policies. We estimate a fixed effect model pooling the data from 1978-2010 across 153 counties in Georgia to determine the determinants that influence the decision to buy flood insurance. The empirical analysis supports the hypothesis that income and price significantly influences the decision to buy the flood insurance. Our empirical findings also suggest that recent flood event and the proportion of county in the floodplain has a significant positive impact on decision to buy flood insurance. Education level and age seemed to have a significant impact on one’s decision to buy flood insurance; however, race did not have a significant impact.
Related Links	https://ageconsearch.umn.edu/record/143046/files/Evaluating%20NFIP.pdf
Page Count	17
File Format	PDF
DOI	10.22004/ag.econ.143046
Language	English
Publisher	Southern Agricultural Economics Association (SAEA)
Publisher Date	2013-01-19
Access Restriction	Open
Subject Keyword	Applied Economics Agricultural Economics Agri-economic Open Access Database Research in Applied Economics Research in Agricultural Economics Higher Study On Agricultural Economics Higher Study On Applied Economics Agricultural Research Documents Agrarian Economy & Research Higher Study Agri-economics Research in Economics Agri-economic Open Access Repository Statistics in Agricultural Economics Nfip, Flood Insurance, Fixed Effect Model Nfip Flood Insurance Fixed Effect Model Environmental Economics and Policy
Content Type	Text
Resource Type	Article
Subject	Economics, Econometrics and Finance

Central Library (ISO-9001:2015 Certified)
Indian Institute of Technology Kharagpur
Kharagpur, West Bengal, India | PIN - 721302

See location in the Map
03222 282435
Mail: support@ndl.gov.in

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in