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DOI10.1086/727357
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
ISSN2333-5955
EISSN2333-5963
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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