000 02025nab a2200301 c 4500
999 _c144096
_d144096
003 ES-MaIEF
005 20210520102841.0
007 ta
008 210520t2021 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _967770
_aMiao, Qing
245 0 _aFiscal decentralization and natural disaster mitigation
_bevidence from the United States
_c Qing Miao, Yu Shi and Meri Davlasheridze
260 _c2021
500 _aDisponible también en formato electrónico.
500 _aResumen.
504 _aBibliografía.
520 _aHow 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.
650 4 _933567
_aCATASTROFES NATURALES
650 4 _947325
_aINMIGRACION
650 4 _947750
_aMIGRACIONES INTERIORES
650 4 _944787
_aGASTO PUBLICO
650 4 _942579
_aDESCENTRALIZACION FISCAL
650 4 _aESTADOS UNIDOS
_942888
700 1 _968938
_aShi, Yu
700 1 _968939
_aDavlasheridze, Meri
773 0 _9164874
_oOP 1716/2021/1
_tPublic Budgeting and Finance
_w(IEF)90019
_x 0275-1100
_gv. 41, n. 1, Spring 2021, p. 26-50
942 _cART