Formal Systems and Loss Reduction in Natural Disasters: an Empirical Study Based on Chinese Data

DOI

10.2991/ichssr-19.2019.21How to use a DOI?

Keywords

Natural disaster losses, Insurance, Law, Expenditure on disaster prevention and reduction

Abstract

Based on the provincial panel data from 1989 to 2013 and the fixed effects model, this paper presents an empirical study in the means of insurance, law and government expenditure on disaster prevention and mitigation and discusses the specific impact of the formal system to natural disaster losses. The results show that an advanced insurance industry, perfect rule of law and an appropriate level of government expenditure on disaster prevention and mitigation, lead to the smaller economic and personnel losses in natural disasters.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qian Jia
AU  - Luzhao Zhou
PY  - 2019/05
DA  - 2019/05
TI  - Formal Systems and Loss Reduction in Natural Disasters: an Empirical Study Based on Chinese Data
BT  - Proceedings of the 2019 5th International Conference on Humanities and Social Science Research (ICHSSR 2019)
PB  - Atlantis Press
SP  - 114
EP  - 121
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-19.2019.21
DO  - 10.2991/ichssr-19.2019.21
ID  - Jia2019/05
ER  -