Economic Risk, Tropical Storm Intensity and Coastal Wetlands: A Factor Analysis

J. Luke Boutwell and John Westra ()

No 162509, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: Coastal communities are highly sensitive to economic damage from tropical storms. Wetland restoration is often proposed as a measure of protection from storm damage. This paper investigates the relationship between coastal storms, wetlands and communities by analyzing storm events and resulting damages from storms making landfall in Louisiana. A factor analysis is used to describe the extent to which wetlands mitigate economic damages, and an assessment of factor scores suggest that there is a storm intensity threshold for mitigation provided by wetland ecosystems.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 2014
New Economics Papers: this item is included in nep-env and nep-rmg
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162509

DOI: 10.22004/ag.econ.162509

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