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Costs Of Coastal Hazards: Evidence From The Property Market

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  • Kriesel, Warren
  • Landry, Craig E.
  • Keeler, Andrew G.

Abstract

A hedonic price model suggests that flooding and erosion hazards, and the actions taken against them, are major determinants of property values in American coastal areas. A zoning ordnance against new construction within the 60-year erosion hazard area would increase property values and perhaps conserve the coastal ecosystem.

Suggested Citation

  • Kriesel, Warren & Landry, Craig E. & Keeler, Andrew G., 2000. "Costs Of Coastal Hazards: Evidence From The Property Market," 2000 Annual meeting, July 30-August 2, Tampa, FL 21745, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21745
    DOI: 10.22004/ag.econ.21745
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    References listed on IDEAS

    as
    1. Don N. MacDonald & James C. Murdoch & Harry L. White, 1987. "Uncertain Hazards, Insurance, and Consumer Choice: Evidence from Housing Markets," Land Economics, University of Wisconsin Press, vol. 63(4), pages 361-371.
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