000 01913nab a2200277 c 4500
999 _c142360
_d142360
003 ES-MaIEF
005 20200818125452.0
007 ta
008 200818t2020 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _949817
_aChen, Gang
245 0 _aAssessing the financial impact of natural disasters on local governments
_c Gang Chen
260 _c2020
500 _aDisponible también en formato electrónico.
500 _aResumen.
504 _aBibliografía.
520 _aIn recent decades, the increase in the frequency and the severity of natural disasters has posed growing challenges to governments’ disaster response activities. Disasters can have a considerable financial impact on local governments, but this impact has not been systematically analyzed. This study assesses disaster impact using 17 years of panel data (be tween 1996 and 2012) from the city and county governments in New York state. The research ex-amines many aspects of local governments’ financial conditions, including liquidity, fund balance, and debt. It tests whether governments’ financial conditions are affected by disasters and whether fiscal institutions moderate disasters’ impacts. The results show that a local government’s unreserved fund balance and disaster reserve significantly affect its financial condition, while financial condition indicators are not significantly impacted by natural disasters when the fiscal institution variables are controlled.
650 4 _933567
_aCATASTROFES NATURALES
650 4 _945217
_aHACIENDAS LOCALES
650 4 _948066
_aPOLITICA ECONOMICA
650 4 _947773
_aESTADOS UNIDOS
773 0 _9162374
_oOP 1716/2020/1
_tPublic Budgeting and Finance
_w(IEF)90019
_x 0275-1100
_gv. 40, n. 1, Spring 2020, p. 22-44
856 _uhttps://onlinelibrary.wiley.com/doi/epdf/10.1111/pbaf.12245
942 _cART