Who lives in flood prone areas?

V. Kerry Smith and Ben Whitmore

Chapter 22 in The Economics of Environmental Risk, 2022, pp 315-330 from Edward Elgar Publishing

Abstract: Tiebout's [1956] analysis of why households select communities is important to predictions for income distributions. We use IRS records at the zip code level from 2009 to 2017 to compare the real median incomes of homeowners in areas with flooding risks to adjacent areas. The real income was consistently higher for households in shoreline locations in 36% of the areas with significant flood risks compared to the adjoining locations. An equal percentage (36%) had no significant difference. In the remainder (28%), the real median incomes are lower in shoreline locations compared to adjoining zip codes.

Keywords: Economics and Finance; Environment; Politics and Public Policy (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781035301614.00031.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:1195_22

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().