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Natural disasters are on the rise worldwide. There are more and more intense natural disasters - which are defined to cause at least 100 deaths or to affect the basic survival needs of at least 1,000 people - resulting from floods and storms as well as droughts and heat waves. The Asia and the...
Persistent link: https://www.econbiz.de/10009781147
Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of all...
Persistent link: https://www.econbiz.de/10012431606
Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of...
Persistent link: https://www.econbiz.de/10013177149
Motivated by recent disasters, this paper analyzes the risk sharing aspect in a federation. The regions can be hit by a shock leading to losses that occur with an exogenous probability and in a stochastically independent way. The regions can spend effort on self-insurance to reduce the size of...
Persistent link: https://www.econbiz.de/10013107871
Motivated by recent disasters, this paper analyzes the risk sharing aspect in a federation. The regions can be hit by a shock leading to losses that occur with an exogenous probability and in a stochastically independent way. The regions can spend effort on selfinsurance to reduce the size of...
Persistent link: https://www.econbiz.de/10009510194
Motivated by recent disasters, this paper analyzes the risk sharing aspect in a federation. The regions can be hit by a shock leading to losses that occur with an exogenous probability and in a stochastically independent way. The regions can spend effort on self-insurance to reduce the size of...
Persistent link: https://www.econbiz.de/10009579238
Local governments face threats from natural and man-made disasters, but tightening budgets create difficulty in developing the resource and information capacity to meet these challenges. In the aftermath of September 11, 2001, the federal government provided a variety of grants for equipment and...
Persistent link: https://www.econbiz.de/10013094363
While natural hazards have never been so frequent in modern history, the political economy of disaster preparation remains largely understudied. To prepare for natural disasters, local governments can adopt mitigation measures (e.g., infrastructure elevation, retrofitting, shelter construction,...
Persistent link: https://www.econbiz.de/10012832132
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a … government has raised the scale of transfers. Over the past decade, China’s transfer policy has addressed the horizontal … strong budgets. This Working Paper relates to the 2013 OECD Economic Survey of China (www.oecd.org/eco/surveys/china …
Persistent link: https://www.econbiz.de/10011276970
economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … over the period 1987–2010. In the recent past, the structure of decentralized government in China has undergone two … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …
Persistent link: https://www.econbiz.de/10014084854