Early evacuation is the best bushfire risk mitigation strategy for south-eastern Australia

Tyron J. Venn and John Quiggin

Australian Journal of Agricultural and Resource Economics, 2017, vol. 61, issue 3

Abstract: Given the large and increasing bushfire threat to lives and property in Australia, there is a need for economic evaluation of risk mitigation policies that can be implemented by governments and homeowners. Three broad policies applicable for existing at-risk communities are evaluated: expanded use of landscape-scale prescribed fire; home ignition zone treatment (bushfire defence sprinklers); and early evacuation when a bushfire is burning on extreme or catastrophic fire danger days. Early evacuation is the only option that yields net economic benefits relative to existing policy.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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Journal Article: Early evacuation is the best bushfire risk mitigation strategy for south-eastern Australia (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:313547

DOI: 10.22004/ag.econ.313547

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