Abstract

We explore whether federal- and state-level changes to coastal building standards were effective in mitigating losses to coastal property following Hurricane Charley. We find properties built seaward of and after the reestablishment of the Coastal Construction Control Line, and those built under the National Flood Insurance Program and located in an A-Zone, had more damage relative to similarly located structures built before these regulatory changes. We show the NFIP regulations allowed for weaker foundation requirements and lower elevations relative to the earlier county code. This likely led to greater flood damage, as supported by analysis of individual structural components. (JEL Q54, Q58)

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Additional Information

ISSN
1543-8325
Print ISSN
0023-7639
Pages
pp. 597-613
Launched on MUSE
2013-10-16
Open Access
No
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