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A framework to investigate the economic growth impact of sea level rise

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  • Stéphane Hallegatte

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, CNRM - Centre national de recherches météorologiques - INSU - CNRS - Institut national des sciences de l'Univers - OMP - Observatoire Midi-Pyrénées - IRD - Institut de Recherche pour le Développement - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse - INSU - CNRS - Institut national des sciences de l'Univers - CNES - Centre National d'Études Spatiales [Toulouse] - CNRS - Centre National de la Recherche Scientifique - Météo-France - CNRS - Centre National de la Recherche Scientifique - UT - Université de Toulouse - Météo-France)

Abstract

This article reviews the channels through which sea level rise can affect economic growth, namely the loss of land, the loss of infrastructure and physical capital, the loss of social capital, the additional cost from extreme events and coastal floods, and the increased expenditure for coastal protection. It discusses how existing studies on the direct impact of sea level rise could be used to investigate the resulting consequences on economic growth, emphasizes research needs on this question, and discusses consequences on migration.

Suggested Citation

  • Stéphane Hallegatte, 2012. "A framework to investigate the economic growth impact of sea level rise," Post-Print hal-00801887, HAL.
    • Handle: RePEc:hal:journl:hal-00801887
    DOI: 10.1088/1748-9326/7/1/015604
    Note: View the original document on HAL open archive server: https://enpc.hal.science/hal-00801887v1
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    References listed on IDEAS

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    1. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth through Creative Destruction," Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
    2. Ilan Noy & Aekkanush Nualsri, 2007. "What do Exogenous Shocks Tell Us about Growth Theories?," Working Papers 200728, University of Hawaii at Manoa, Department of Economics.
    3. Alesina, Alberto & Özler, Sule & Roubini, Nouriel & Swagel, Phillip, 1996. "Political Instability and Economic Growth," Journal of Economic Growth, Springer, vol. 1(2), pages 189-211, June.
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    Cited by:

    1. Jonathan Pycroft & Jan Abrell & Juan-Carlos Ciscar, 2016. "Response to “Comment on ‘The Global Impacts of Extreme Sea-Level Rise: A Comprehensive Economic Assessment”’ (Richard Tol, Robert J. Nicholls, Sally Brown, Jochen Hinkel, Athanasios T. Vafeidis, Tom S," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(2), pages 345-347, June.
    2. Dominik Paprotny & Paweł Terefenko, 2017. "New estimates of potential impacts of sea level rise and coastal floods in Poland," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 85(2), pages 1249-1277, January.
    3. Garcia-Jorcano, Laura & Sanchis-Marco, Lidia, 2024. "Forecasting the effect of extreme sea-level rise on financial market risk," International Review of Economics & Finance, Elsevier, vol. 93(PB), pages 1-27.
    4. Jonathan Pycroft & Jan Abrell & Juan-Carlos Ciscar, 2016. "The Global Impacts of Extreme Sea-Level Rise: A Comprehensive Economic Assessment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(2), pages 225-253, June.
    5. CISCAR MARTINEZ Juan Carlos & FEYEN Luc & SORIA RAMIREZ Antonio & LAVALLE Carlo & PERRY Miles & RAES Frank & NEMRY Francoise & DEMIREL Hande & RÓZSAI Máté & DOSIO Alessandro & DONATELLI Marcello & SRI, 2014. "Climate Impacts in Europe. The JRC PESETA II Project," JRC Research Reports JRC87011, Joint Research Centre.
      • Ciscar, Juan-Carlos & Feyen, Luc & Soria, Antonio & Lavalle, Carlo & Raes, Frank & Perry, Miles & Nemry, Françoise & Demirel, Hande & Rozsai, Máté & Dosio, Alessandro & Donatelli, Marcello & Srivastav, 2014. "Climate Impacts in Europe - The JRC PESETA II Project," MPRA Paper 55725, University Library of Munich, Germany.

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