Climate Change Data Portal
DOI | 10.1086/727357 |
Local Adaptation and Unintended Coastal Vulnerability: The Effect of Beach Nourishment on Residential Development in North Carolina | |
Li, Xiaoyu; Gopalakrishnan, Sathya; Klaiber, H. Allen | |
发表日期 | 2024 |
ISSN | 2333-5955 |
EISSN | 2333-5963 |
起始页码 | 11 |
结束页码 | 3 |
卷号 | 11期号:3 |
英文摘要 | As climate change threatens to exacerbate coastal erosion and storm risk, understanding the impact of increasing risk and adaptation investments is crucial for effective long-term coastal management. We examine risk exposure of coastal communities using a supply-side analysis of nearshore residential development. We develop a duration model to examine the effects of climate risk and local adaptation investments on the pattern of residential development in coastal North Carolina between 1994 and 2013. Using a control function approach to address endogeneity in adaptation, we find that investment in beach re-nourishment increases the likelihood of coastal development, resulting in unintended acceleration of development in vulnerable locations. Our findings suggest caution in developing policies that combat coastal risk in isolation. As investments in built capital stock are often irreversible, faster development, which increases the value of built capital at risk, is likely to constrain future efforts to adapt to climate change. |
英文关键词 | Q54; R31; coastal vulnerability; beach nourishment; residential development; duration model |
语种 | 英语 |
WOS研究方向 | Business & Economics ; Environmental Sciences & Ecology |
WOS类目 | Economics ; Environmental Studies |
WOS记录号 | WOS:001169527400001 |
来源期刊 | JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/308054 |
作者单位 | Shanghai Institute of Technology; University System of Ohio; Ohio State University |
推荐引用方式 GB/T 7714 | Li, Xiaoyu,Gopalakrishnan, Sathya,Klaiber, H. Allen. Local Adaptation and Unintended Coastal Vulnerability: The Effect of Beach Nourishment on Residential Development in North Carolina[J],2024,11(3). |
APA | Li, Xiaoyu,Gopalakrishnan, Sathya,&Klaiber, H. Allen.(2024).Local Adaptation and Unintended Coastal Vulnerability: The Effect of Beach Nourishment on Residential Development in North Carolina.JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS,11(3). |
MLA | Li, Xiaoyu,et al."Local Adaptation and Unintended Coastal Vulnerability: The Effect of Beach Nourishment on Residential Development in North Carolina".JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS 11.3(2024). |
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