Abstract
The four evaluations included in this book have provided an integrated picture of the net social benefits (NSB) from the National Flood Insurance Program (NFIP) and Flood Mitigation Assistance (FMA) programs. Overall, this picture is about the interaction between the consumer surplus for the NFIP, the marginal excess tax burden (METB) for taxes not collected to fund ad hoc flood recovery if the NFIP exists, and the change in government revenues. The NSB of the NFIP are positive because of this interaction, but as the sensitivity analysis shows, the results remain positive even if one of these elements is removed from the economic model of the programs. However, this conclusion is predicated upon the initial analytical assumptions outlined in Sect. 1.3
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Howard, J.P. (2016). Conclusions. In: Socioeconomic Effects of the National Flood Insurance Program. SpringerBriefs in Political Science. Springer, Cham. https://doi.org/10.1007/978-3-319-29063-8_8
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