Fiscal decentralization and natural disaster mitigation evidence from the United States Qing Miao, Yu Shi and Meri Davlasheridze
By: Miao, Qing
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Contributor(s): Shi, Yu | Davlasheridze, Meri.
Material type: 
ArticlePublisher: 2021Subject(s): CATASTROFES NATURALES | INMIGRACION | MIGRACIONES INTERIORES | GASTO PUBLICO | DESCENTRALIZACION FISCAL | ESTADOS UNIDOS
In:
Public Budgeting and Finance v. 41, n. 1, Spring 2021, p. 26-50Summary: How decentralized government structure influences public service delivery has been a major focus of debate in the public finance literature. In this paper, we empirically examine the effect of fiscal decentralization on natural disaster damages across the U.S. states. We construct a unique measure of decentralization using state and local government expenditures on natural resources, which include investment in flood control and mitigation measures, among others. Using state-level panel data from 1982 to 2011, we find that states that are more decentralized in natural resource expenditures have experienced more economic losses from floods and storms. This effect is only pronounced in states that are at higher risks of flooding. Our findings suggest that fiscal decentralization may lead to inefficient protection against natural disasters and provide implications for the assignment of disaster management responsibilities across different levels of government in the U.S. federal system.
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| OP 1716/2020/4-4 Beyond truth and integrity in state budgeting | OP 1716/2020/4-5 Accrual accounting and the Government's intertemporal budget constraint | OP 1716/2021/1 Public Budgeting and Finance | OP 1716/2021/1-1 Fiscal decentralization and natural disaster mitigation | OP 1716/2021/1-2 The adoption of local option fuel taxes | OP 1716/2021/1-3 Structural budget balance as a fiscal rule in the European Union | OP 1716/2021/2 Public Budgeting and Finance |
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How decentralized government structure influences public service delivery has been a major focus of debate in the public finance literature. In this paper, we empirically examine the effect of fiscal decentralization on natural disaster damages across the U.S. states. We construct a unique measure of decentralization using state and local government expenditures on natural resources, which include investment in flood control and mitigation measures, among others. Using state-level panel data from 1982 to 2011, we find that states that are more decentralized in natural resource expenditures have experienced more economic losses from floods and storms. This effect is only pronounced in states that are at higher risks of flooding. Our findings suggest that fiscal decentralization may lead to inefficient protection against natural disasters and provide implications for the assignment of disaster management responsibilities across different levels of government in the U.S. federal system.
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