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Open AccessJournal ArticleDOI

Flood disaster management policy: an analysis of the United States Community Ratings System

TLDR
In this article, the authors identify factors motivating both communities' decision to participate and intensity of participation in the Community Ratings System (CRS) and find that local capacity, flood risk factors, socio-economic characteristics, and political economy factors are significant predictors of CRS participation.
Abstract
In 1990 the US Federal Emergency Management Agency created the Community Ratings System (CRS) to engage local governments to enhance community flood resilience. The CRS encourages community flood risk management activities by discounting flood insurance premiums commensurate with the level of flood management measures implemented. Using a national sample of communities, this study empirically identifies factors motivating both communities’ decision to participate and intensity of participation in the CRS. The results indicate that local capacity, flood risk factors, socio-economic characteristics, and political economy factors are significant predictors of CRS participation. Further, factors predicting participation in the CRS differ from factors predicting CRS scores.

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Journal ArticleDOI

A review of the community flood risk management literature in the USA: lessons for improving community resilience to floods

TL;DR: In this paper, the authors identified seven practical lessons that, if implemented, could not only help flood management decision-makers better understand communities' flood risks, but could also reduce the impacts of flood disasters and improve communities' resilience to future flood disasters.
Journal ArticleDOI

Local capacity and resilience to flooding: community responsiveness to the community ratings system program incentives

TL;DR: In this paper, the authors evaluate the performance of CRS and its tiered incentive structure and investigate the extent to which communities are responding strategically to CRS incentives and the characteristics of those communities behaving strategically.

Local capacity and resilience to flooding: community responsiveness to the community ratings system program incentives

TL;DR: In this paper, the authors evaluate the performance of CRS and its tiered incentive structure and investigate the extent to which communities are responding strategically to CRS incentives and the characteristics of those communities behaving strategically.

A review of the community flood risk management literature in the USA: lessons for improving community resilience to floods

TL;DR: In this paper, the authors identified seven practical lessons that, if implemented, could not only help flood management decision-makers better understand communities' flood risks, but could also reduce the impacts of flood disasters and improve communities' resilience to future flood disasters.
Journal ArticleDOI

Flood Risk Management: Exploring the Impacts of the Community Rating System Program on Poverty and Income Inequality.

TL;DR: The study estimates four fixed-effects regression models using a panel data set of neighborhood-level observations from 1970 to 2010 and results indicate that median incomes are lower in CRS communities, but rise in floodplains, and the CRS encourages income inequality, but discourages income inequality in Floodplains.
References
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Book

Econometric Analysis of Cross Section and Panel Data

TL;DR: This is the essential companion to Jeffrey Wooldridge's widely-used graduate text Econometric Analysis of Cross Section and Panel Data (MIT Press, 2001).
Journal ArticleDOI

Some statistical models for limited dependent variables with application to the demand for durable goods

John G. Cragg
- 01 Sep 1971 - 
TL;DR: This article developed several models for limited dependent variables, which are extensions of the multiple probit analysis model and differ from that model by allowing the determination of the size of the variable when it is not zero to depend on different parameters or variables from those determining the probability of its being zero.
Book

Disasters by Design: A Reassessment of Natural Hazards in the United States

TL;DR: Disaster by Design as mentioned in this paper provides an alternative and sustainable way to view, study, and manage hazards in the United States that would result in disaster-resilient communities, higher environmental quality, inter- and intragenerational equity, economic sustainability, and improved quality of life.
Journal ArticleDOI

Mitigating Disaster Losses through Insurance

TL;DR: The authors examines why homeowners have not voluntarily adopted cost-effective protective measures and have limited interest in purchasing insurance and proposes a disaster management program which utilizes insurance coupled with well-enforced building codes to reduce future damage.
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