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Department of Agricultural, Environmental, and Development Economics


Economics of Coastal Erosion and Adaptation to Sea Level Rise

This paper provides a review and synthesis of geo-economic models that are used to analyze coastal erosion management and shoreline change. We outline a generic framework for analyzing risk-mitigating and/or recreation-enhancing policy interventions within a dynamic framework, and we review literature that informs the nature and extent of net benefit flows associated with coastal management. Using stated preference analysis, we present new estimates on household preferences for shoreline erosion management, including costs associated with ecological impacts of management.  Lastly, we offer some guidance on directions for future research.

Gopalakrishnan, S., Landry, C.E., Smith, M.D., Whitehead, J.C., ‘Economics of Coastal Erosion and Adaptation to Sea Level Rise’, 2016, forthcoming, Annual Review of Resource Economics

Publication type: 
Journal article
Date published: 
Tuesday, June 14, 2016