Coastal Erosion as a Natural Resource Management Problem: An Economic Perspective

Landry, Craig E.

doi:10.1080/08920753.2011.566121

Cited by 41 publications

(34 citation statements)

References 44 publications

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“…Cost-benefit analysis is a typical requirement in policy analysis of potential replenishment projects, and protection of coastal property from hurricanes and erosion is a primary benefit criterion employed in analysis (Landry 2011). Thus, the value of coastal property can affect the decision of whether or not to replenish coastal beaches and the magnitude of project scope and resulting beach width.…”

Section: Coastal Housing Marketsmentioning

confidence: 99%

“…Trends in beach nourishment suggest that coastal communities are already adapting at the intensive margin (more frequent nourishments) and the extensive margin (more communities engaging in beach nourishment). In the long run, however, it is unclear whether beach nourishment will continue to be a sustainable management practice (Landry 2011;McNamara and Keeler 2013). In a single-community context, a dynamic optimization framework can evaluate long-run coastal adaptation decision, including the choice of when to retreat, and allow communities to adjust more effectively to long-term risks (Landry 2011).…”

Section: Adaptationmentioning

confidence: 99%

“…The majority of ongoing beach nourishment projects fall under federal jurisdiction (USACE, with permitting and compliance issues resting with other agencies); federal procedures for project justification rely on demonstration of value due to protection of the built environment (buildings and infrastructure) in simulated storms (USACE 2000). Guidelines specify use of 'actual market values' as estimates of property value, though in practice value of comparable properties or replacement-cost-minus-depreciation are often used (Yohe 1993;Landry 2011). Only a limited proportion of benefits is permitted for recreation purposes (USACE 2000).…”

Section: Geo-economic Models Of Beach Erosion Managementmentioning

confidence: 99%

“…Early work in developing capital-theoretic models to explore the interactions of complex physical processes and economic decisions focused on management decisions in a single location along the shoreline Landry 2011). The general model for optimal beach management in a single location can be written as: (1) subject to:…”

Section: Geo-economic Models Of Beach Erosion Managementmentioning

confidence: 99%

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Economics of Coastal Erosion and Adaptation to Sea Level Rise

Gopalakrishnan

Landry

Whitehead

2016

Annu. Rev. Resour. Econ.

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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.

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Section: Coastal Housing Marketsmentioning

confidence: 99%

Section: Adaptationmentioning

confidence: 99%

Section: Geo-economic Models Of Beach Erosion Managementmentioning

confidence: 99%

Section: Geo-economic Models Of Beach Erosion Managementmentioning

confidence: 99%

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Economics of Coastal Erosion and Adaptation to Sea Level Rise

Gopalakrishnan

Landry

Whitehead

2016

Annu. Rev. Resour. Econ.

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“…Using beach width as a proxy of beach quality, these authors find that the marginal willingness to pay for a unit increase in beach quality ranges from $143/foot in South Carolina to $1,440/foot in North Carolina (Landry, 2011). In this context, 14 Landry (2009) provides a detailed review of the varying approaches to hedonic price analysis that have been employed and introduces a dynamic optimization model as a more rigorous methodology that incorporates the complexity of beach dynamics using a state equation for beach quality and erosion (ibid).…”

mentioning

confidence: 99%

The Impact of Coastal Infrastructure Improvements on Economic Growth: Evidence from Barbados

Corral¹,

Schling²,

Rogers³

et al. 2016

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work is licensed under a Creative Commons IGO 3.0 AttributionNonCommercial-NoDerivatives (CC-IGO BY-NC-ND 3.0 IGO) license (http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ legalcode) and may be reproduced with attribution to the IDB and for any non-commercial purpose, as provided below. No derivative work is allowed.Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license.Following a peer review process, and with previous written consent by the Inter-American Development Bank (IDB), a revised version of this work may also be reproduced in any academic journal, including those indexed by the American Economic Association's EconLit, provided that the IDB is credited and that the author(s) receive no income from the publication. Therefore, the restriction to receive income from such publication shall only extend to the publication's author(s). With regard to such restriction, in case of any inconsistency between the Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives license and these statements, the latter shall prevail.Note that link provided above includes additional terms and conditions of the license.The opinions expressed in this publication are those of the authors and do not necessarily reflect the views of the Inter-American Development Bank, its Board of Directors, or the countries they represent.

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Indications of a positive feedback between coastal development and beach nourishment

et al. 2016

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Beach nourishment, a method for mitigating coastal storm damage or chronic erosion by deliberately replacing sand on an eroded beach, has been the leading form of coastal protection in the United States for four decades. However, investment in hazard protection can have the unintended consequence of encouraging development in places especially vulnerable to damage. In a comprehensive, parcel-scale analysis of all shorefront single-family homes in the state of Florida, we find that houses in nourishing zones are significantly larger and more numerous than in non-nourishing zones. The predominance of larger homes in nourishing zones suggests a positive feedback between nourishment and development that is compounding coastal risk in zones already characterized by high vulnerability.

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Coastal Erosion as a Natural Resource Management Problem: An Economic Perspective

Cited by 41 publications

References 44 publications

Economics of Coastal Erosion and Adaptation to Sea Level Rise

Economics of Coastal Erosion and Adaptation to Sea Level Rise

The Impact of Coastal Infrastructure Improvements on Economic Growth: Evidence from Barbados

Indications of a positive feedback between coastal development and beach nourishment

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