COSTS OF COASTAL HAZARDS: EVIDENCE FROM THE PROPERTY MARKET
Resource information
Date of publication
Dezembro 2000
Resource Language
ISBN / Resource ID
AGRIS:US2016206315
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.
