Hold the line: Modeling private coastal adaptation through shoreline armoring decisions
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jeem.2020.102397
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Mathew E. Hauer & Jason M. Evans & Deepak R. Mishra, 2016. "Millions projected to be at risk from sea-level rise in the continental United States," Nature Climate Change, Nature, vol. 6(7), pages 691-695, July.
- Patrick Walsh & Charles Griffiths & Dennis Guignet & Heather Klemick, 2019.
"Adaptation, Sea Level Rise, and Property Prices in the Chesapeake Bay Watershed,"
Land Economics, University of Wisconsin Press, vol. 95(1), pages 19-34.
- Patrick J. Walsh & Charles Griffiths & Dennis Guignet & Heather Klemick, 2015. "Adaptation, Sea Level Rise, and Property Prices in the Chesapeake Bay Watershed," NCEE Working Paper Series 201502, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Feb 2015.
- Smith, Martin D. & Slott, Jordan M. & McNamara, Dylan & Brad Murray, A., 2009. "Beach nourishment as a dynamic capital accumulation problem," Journal of Environmental Economics and Management, Elsevier, vol. 58(1), pages 58-71, July.
- David J. Lewis & Andrew J. Plantinga, 2007. "Policies for Habitat Fragmentation: Combining Econometrics with GIS-Based Landscape Simulations," Land Economics, University of Wisconsin Press, vol. 83(2), pages 109-127.
- Gopalakrishnan, Sathya & Smith, Martin D. & Slott, Jordan M. & Murray, A. Brad, 2011.
"The value of disappearing beaches: A hedonic pricing model with endogenous beach width,"
Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 297-310, May.
- Gopalakrishnan, Sathya & Smith, Martin D. & Slott, Jordan M. & Murray, A. Brad, 2009. "The Value of Disappearing Beaches: A hedonic pricing model with endogenous beach width," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49261, Agricultural and Applied Economics Association.
- Luc Anselin, 2001. "Spatial Effects in Econometric Practice in Environmental and Resource Economics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 705-710.
- Elena G. Irwin, 2002. "Interacting agents, spatial externalities and the evolution of residential land use patterns," Journal of Economic Geography, Oxford University Press, vol. 2(1), pages 31-54, January.
- Steven J. Dundas & David J. Lewis, 2020. "Estimating Option Values and Spillover Damages for Coastal Protection: Evidence from Oregon’s Planning Goal 18," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 7(3), pages 519-554.
- David J. Lewis & Bradford L. Barham & Brian Robinson, 2011. "Are There Spatial Spillovers in the Adoption of Clean Technology? The Case of Organic Dairy Farming," Land Economics, University of Wisconsin Press, vol. 87(2), pages 250-267.
- Qiu, Yun & Gopalakrishnan, Sathya, 2018. "Shoreline defense against climate change and capitalized impact of beach nourishment," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 134-147.
- Conlisk, John, 1980. "Costly optimizers versus cheap imitators," Journal of Economic Behavior & Organization, Elsevier, vol. 1(3), pages 275-293, September.
- Chamberlain, Gary, 1982.
"Multivariate regression models for panel data,"
Journal of Econometrics, Elsevier, vol. 18(1), pages 5-46, January.
- Gary Chamberlain, 1980. "Multivariate Refression Models for Paned Data," NBER Technical Working Papers 0008, National Bureau of Economic Research, Inc.
- Craig E. Landry & Paul Hindsley, 2011. "Valuing Beach Quality with Hedonic Property Models," Land Economics, University of Wisconsin Press, vol. 87(1), pages 92-108.
- Laura E. Petes & Jennifer F. Howard & Brian S. Helmuth & Elizabeth K. Fly, 2014. "Science integration into US climate and ocean policy," Nature Climate Change, Nature, vol. 4(8), pages 671-677, August.
- Sathya Gopalakrishnan & Dylan McNamara & Martin D. Smith & A. Brad Murray, 2017. "Decentralized Management Hinders Coastal Climate Adaptation: The Spatial-dynamics of Beach Nourishment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 761-787, August.
- Sathya Gopalakrishnan & Craig E. Landry & Martin D. Smith & John C. Whitehead, 2016. "Economics of Coastal Erosion and Adaptation to Sea Level Rise," Annual Review of Resource Economics, Annual Reviews, vol. 8(1), pages 119-139, October.
- Charles F. Manski, 1993.
"Identification of Endogenous Social Effects: The Reflection Problem,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(3), pages 531-542.
- Manski, Charles F., 1991. "Identification of Endogenous Social Effects: The Reflection Problem," SSRI Workshop Series 292712, University of Wisconsin-Madison, Social Systems Research Institute.
- Manski, C.F., 1991. "Identification of Endogenous Social Effects: the Reflection Problem," Working papers 9127, Wisconsin Madison - Social Systems.
- Lawley, Chad & Yang, Wanhong, 2015.
"Spatial interactions in habitat conservation: Evidence from prairie pothole easements,"
Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 71-89.
- Lawley, Chad & Yang, Wanhong, 2014. "Spatial Interactions in Habitat Conservation: Evidence from Prairie Pothole Easements," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170323, Agricultural and Applied Economics Association.
- Mundlak, Yair, 1978. "On the Pooling of Time Series and Cross Section Data," Econometrica, Econometric Society, vol. 46(1), pages 69-85, January.
- James Neumann & Kerry Emanuel & Sai Ravela & Lindsay Ludwig & Paul Kirshen & Kirk Bosma & Jeremy Martinich, 2015. "Joint effects of storm surge and sea-level rise on US Coasts: new economic estimates of impacts, adaptation, and benefits of mitigation policy," Climatic Change, Springer, vol. 129(1), pages 337-349, March.
- Kaustia, Markku & Rantala, Ville, 2015. "Social learning and corporate peer effects," Journal of Financial Economics, Elsevier, vol. 117(3), pages 653-669.
- Sathya Gopalakrishnan & Craig E Landry & Martin D Smith, 2018. "Climate Change Adaptation in Coastal Environments: Modeling Challenges for Resource and Environmental Economists," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 48-68.
- Dundas, Steven J., 2017. "Benefits and ancillary costs of natural infrastructure: Evidence from the New Jersey coast," Journal of Environmental Economics and Management, Elsevier, vol. 85(C), pages 62-80.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Blessing Charuka & Donatus Bapentire Angnuureng & Samuel K. M. Agblorti, 2023. "Contemporary Global Coastal Management Strategies and Coastal Infrastructure and Their Application in Ghana: A Systematic Literature Review," Sustainability, MDPI, vol. 15(17), pages 1-23, August.
- Jaeger, William K. & Moore, Kathleen M., . "Federal Flood Protection Measures and Their Benefits to Agriculture in the Lower Mississippi River Basin," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 50(1).
- Osberghaus, Daniel & Botzen, Wouter & Kesternich, Martin & Iurkova, Ekaterina, 2022.
"The Intention-Behavior Gap in Climate Change Adaptation,"
VfS Annual Conference 2022 (Basel): Big Data in Economics
264073, Verein für Socialpolitik / German Economic Association.
- Kesternich, Martin & Osberghaus, Daniel & Botzen, W. J. Wouter, 2022. "The intention-behavior gap in climate change adaptation," ZEW Discussion Papers 22-055, ZEW - Leibniz Centre for European Economic Research.
- repec:ags:aaea22:335438 is not listed on IDEAS
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yun Qiu & Sathya Gopalakrishnan & H. Allen Klaiber & Xiaoyu Li, 2020. "Dredging the sand commons: the economic and geophysical drivers of beach nourishment," Climatic Change, Springer, vol. 162(2), pages 363-383, September.
- Qiu, Yun & Gopalakrishnan, Sathya, 2018. "Shoreline defense against climate change and capitalized impact of beach nourishment," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 134-147.
- Megan Mullin & Martin D. Smith & Dylan E. McNamara, 2019. "Paying to save the beach: effects of local finance decisions on coastal management," Climatic Change, Springer, vol. 152(2), pages 275-289, January.
- Beasley, William J. & Dundas, Steven J., 2018. "Hold the Line: The Determinants of shoreline armoring as an adaptive response," 2018 Annual Meeting, August 5-7, Washington, D.C. 274442, Agricultural and Applied Economics Association.
- Dylan E. McNamara & Martin D. Smith & Zachary Williams & Sathya Gopalakrishnan & Craig E. Landry, 2024. "Policy and market forces delay real estate price declines on the US coast," Nature Communications, Nature, vol. 15(1), pages 1-16, December.
- Parton, Lee C. & Dundas, Steven J., 2020. "Fall in the sea, eventually? A green paradox in climate adaptation for coastal housing markets," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
- Wang, Haoluan, 2017. "Land Conservation for Open Space: The Impact of Neighbors and the Natural Environment," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258125, Agricultural and Applied Economics Association.
- Li, Xiaoyu & Gopalakrishnan, Sathya & Klaiber, Allen, 2018. "To Build or Not to Build: Examining Coastal Vulnerability via Residential Development in North Carolina," 2018 Annual Meeting, August 5-7, Washington, D.C. 274443, Agricultural and Applied Economics Association.
- Landry, Craig E. & Shonkwiler, J. Scott & Whitehead, John C., 2020. "Economic Values of Coastal Erosion Management: Joint Estimation of Use and Existence Values with recreation demand and contingent valuation data," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
- Hashida, Yukiko & Dundas, Steven J., 2023. "The effects of a voluntary property buyout and acquisition program on coastal housing markets: Evidence from New York," Journal of Environmental Economics and Management, Elsevier, vol. 121(C).
- Meri Davlasheridze & Qin Fan, 2019. "Valuing Seawall Protection in the Wake of Hurricane Ike," Economics of Disasters and Climate Change, Springer, vol. 3(3), pages 257-279, October.
- Craig E. Landry & Dylan Turner & Tom Allen, 2022. "Hedonic property prices and coastal beach width," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(3), pages 1373-1392, September.
- Lawley, Chad & Yang, Wanhong, 2015.
"Spatial interactions in habitat conservation: Evidence from prairie pothole easements,"
Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 71-89.
- Lawley, Chad & Yang, Wanhong, 2014. "Spatial Interactions in Habitat Conservation: Evidence from Prairie Pothole Easements," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170323, Agricultural and Applied Economics Association.
- Dundas, Steven J., 2017. "Benefits and ancillary costs of natural infrastructure: Evidence from the New Jersey coast," Journal of Environmental Economics and Management, Elsevier, vol. 85(C), pages 62-80.
- Lewis, David J. & Provencher, Bill & Butsic, Van, 2009.
"The dynamic effects of open-space conservation policies on residential development density,"
Journal of Environmental Economics and Management, Elsevier, vol. 57(3), pages 239-252, May.
- Lewis, David J. & Provencher, Bill & Butsic, Van, 2008. "The Dynamic Effects of Open-Space Conservation Policies on Residential Development Density," Staff Paper Series 522, University of Wisconsin, Agricultural and Applied Economics.
- Lewis, David J. & Provencher, Bill & Butsic, Van, 2008. "The Dynamic Effects of Open-Space Conservation Policies on Residential Development Density," Staff Papers 92199, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
- Tibor András Marton & Anna Kis & Anna Zubor-Nemes & Anikó Kern & Nándor Fodor, 2020. "Human Impact Promotes Sustainable Corn Production in Hungary," Sustainability, MDPI, vol. 12(17), pages 1-16, August.
- Qiu, Yun & Gopalakrishnan, Sathya, 2016. "Defending the Shoreline: A Duration Model of Beach Re-Nourishment," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236361, Agricultural and Applied Economics Association.
- Christian M. Dahl & Daniel le Maire & Jakob R. Munch, 2013.
"Wage Dispersion and Decentralization of Wage Bargaining,"
Journal of Labor Economics, University of Chicago Press, vol. 31(3), pages 501-533.
- Christian M. Dahl & Daniel le Maire & Jakob R. Munch, 2009. "Wage Dispersion and Decentralization of Wage Bargaining," Discussion Papers 09-15, University of Copenhagen. Department of Economics.
- Christian M. Dahl & Daniel le Maire & Jakob R. Munch, 2011. "Wage Dispersion and Decentralization of Wage Bargaining," CREATES Research Papers 2011-48, Department of Economics and Business Economics, Aarhus University.
- Dahl, Christian M. & le Maire, Daniel & Munch, Jakob R., 2011. "Wage Dispersion and Decentralization of Wage Bargaining," IZA Discussion Papers 6176, Institute of Labor Economics (IZA).
- Sathya Gopalakrishnan & Dylan McNamara & Martin D. Smith & A. Brad Murray, 2017. "Decentralized Management Hinders Coastal Climate Adaptation: The Spatial-dynamics of Beach Nourishment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 761-787, August.
- Landry, Craig & Syphers, Steven & Keeler, Andrew, 2022. "Preferences for Post-storm Coastal Adaptation," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322385, Agricultural and Applied Economics Association.
More about this item
Keywords
Land use; Climate adaptation; Spatial spillovers; Erosion; Sea-level rise; Armoring;All these keywords.
JEL classification:
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
- R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeeman:v:105:y:2021:i:c:s0095069620301200. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622870 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.