Article ID Journal Published Year Pages File Type
989220 World Development 2011 12 Pages PDF
Abstract

SummaryGovernments can significantly reduce earthquake mortality by enforcing quake-proof construction regulation. We examine why many governments do not. First, mortality is lower in countries with higher earthquake propensity, where the payoffs to investments in mortality prevention are greater. Second, the opportunity costs of these investments are higher in poorer countries; mortality is correspondingly less responsive to propensity in poor countries. Third, mortality is higher at any level of quake propensity when governments have fewer incentives to provide public goods, such as in autocracies with less institutionalized ruling parties or in more corrupt countries.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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