Economics at your fingertips  

The impact of shoreline stabilization on economic growth in small island developing states

Leonardo R. Corral and Maja Schling

Journal of Environmental Economics and Management, 2017, vol. 86, issue C, 210-228

Abstract: This paper assesses the economic growth impact of shoreline stabilization policy in Small Island Developing States. Concentrating on the Barbadian efforts to stem shoreline retreat, it explores whether investments in shoreline stabilization and beach amenity enhancement have beneficial effects on medium-term economic growth. The analysis relies on the synthetic control method as a way to systematically choose comparison units (beach sites), which allows for precise quantitative inference in small-sample studies. Our results indicate that in the first three years after shoreline stabilization works were completed, local economic effects, as measured by nighttime lights data, are positive and indicate a positive trend. Confidence bounds obtained by a bootstrapping method suggest that the positive trend is robust in the last two years post-treatment. Shoreline stabilization works may therefore not only help preserve fragile ecological conditions, but further lead to sustainable growth in the local economy.

Keywords: O44; Q54; D04; N56; Shoreline stabilization; Economic growth; Nighttime lights data; Synthetic control; Small island developing states (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal of Environmental Economics and Management is currently edited by M.A. Cole, A. Lange, D.J. Phaneuf, D. Popp, M.J. Roberts, M.D. Smith, C. Timmins, Q. Weninger and A.J. Yates

More articles in Journal of Environmental Economics and Management from Elsevier
Series data maintained by Dana Niculescu ().

Page updated 2017-11-11
Handle: RePEc:eee:jeeman:v:86:y:2017:i:c:p:210-228