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Myopic Voters and Natural Disaster Policy

ANDREW HEALY and NEIL MALHOTRA
The American Political Science Review
Vol. 103, No. 3 (August 2009), pp. 387-406
Stable URL: http://www.jstor.org/stable/27798512
Page Count: 20
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Myopic Voters and Natural Disaster Policy
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Abstract

Do voters effectively hold elected officials accountable for policy decisions? Using data on natural disasters, government spending, and election returns, we show that voters reward the incumbent presidential party for delivering disaster relief spending, but not for investing in disaster preparedness spending. These inconsistencies distort the incentives of public officials, leading the government to underinvest in disaster preparedness, thereby causing substantial public welfare losses. We estimate that $1 spent on preparedness is worth about $15 in terms of the future damage it mitigates. By estimating both the determinants of policy decisions and the consequences of those policies, we provide more complete evidence about citizen competence and government accountability.

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