COSTS OF COASTAL HAZARDS: EVIDENCE FROM THE PROPERTY MARKET
Warren Kriesel,
Craig Landry and
Andrew G. Keeler
No 21745, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
A hedonic price model suggests that flooding and erosion hazards, and the actions taken against them, are major determinants of property values in American coastal areas. A zoning ordnance against new construction within the 60-year erosion hazard area would increase property values and perhaps conserve the coastal ecosystem.
Keywords: Environmental Economics and Policy; Land Economics/Use (search for similar items in EconPapers)
Pages: 29
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea00:21745
DOI: 10.22004/ag.econ.21745
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