Climate change and natural disasters: Government mitigation activities and public property demand response

Walter Hein, Clevo Wilson (), Boon Lee, Darshana Rajapaksa, Hans de Moel, Wasantha Athukorala () and Shunsuke Managi

Land Use Policy, 2019, vol. 82, issue C, 436-443

Abstract: The level of public response to extreme catastrophes is considerably greater than concern over climate change. This research compares the public’s responses to extreme disasters and climate change when governments intervene to mitigate long-term climate change impacts. To do so we examine the property market behaviour in response to beach erosion and cyclone damage in Queensland, Australia. The results show that the impact on the property market of the public’s response to the negative impact of cyclones is more marked than its response to the negative impact of beach erosion. The relative non-responsiveness to beach erosion can be seen as a product of both local government intervention strategies and the recreational and aesthetic attractions of beaches. This study, therefore, provides useful insights for the development of sustainable coastal development strategies.

Keywords: Beach erosion; Climate change; Cyclone; Hedonic analysis; Natural disaster (search for similar items in EconPapers)
JEL-codes: Q26 Q51 Q54 Q58 R30 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:lauspo:v:82:y:2019:i:c:p:436-443

DOI: 10.1016/j.landusepol.2018.12.026

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