The Fiscal Consequences of Natural Disasters: Evidence from the US States

被引：1

作者：

Bayar, Omer ^{[1
]}

Yarbrough, Todd Richard ^{[2
,3
]}

机构：

[1] Univ Evansville, Schroeder Sch Business, Evansville, IN USA

[2] Pace Univ, Dept Econ, New York, NY USA

[3] Pace Univ, Dept Econ, 41 Pk Row, New York, NY 10007 USA

来源：

PUBLIC FINANCE REVIEW | 2024年 / 52卷 / 02期

关键词：

climate change; natural disasters; state spending; state revenues; federal transfers; JEL Codes; H7; H84; Q54; POLITICAL-ECONOMY; IMPACT; GROWTH; INSTITUTIONS; RESPONSES; SHOCKS; POLICY; OUTPUT;

D O I：

10.1177/10911421231179535

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The paper investigates the fiscal impact of natural disasters in the U.S. states. The focus is on state spending, state revenues, and federal transfers for the period from 1970 to 2015. Results show that a broad definition based on dollar damages from all emergency events and major disasters has a small effect on state-level fiscal conditions, which stands in contrast to prior studies. On the other hand, a narrower definition based on the occurrence of major disasters is associated with increased spending and transfers alongside spending effects that grow with disaster severity.

引用

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页码：222 / 252

页数：31

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