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This study examines the geographical spillover of the state-level average homeowners insurance cost for 48 US contiguous states. We estimate a panel spatial Durbin model with state and year fixed effect for data between 2001 and 2018. We found a significant positive spillover of average...
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loss : the origins of the National Flood Insurance Program -- Losing ground : values at risk in an American floodplain … -- Visions of loss : knowing and pricing flood risk -- Shifting responsibilities for loss : national reform of flood insurance … doing so, the NFIP turns the risk of flooding into an immediate economic reality, shaping who lives on the waterfront, on …
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