Arbeitspapier

Cities and the Sea Level

Construction on low elevation coastal zones is risky for both residents and taxpayers who bail them out, especially when sea levels are rising. We study this construction using spatially disaggregated data on the US Atlantic and Gulf coasts. We document nine stylized facts, including a sizeable rise in the share of coastal housing built on flood-prone land from 1990-2010, which concentrated particularly in densely populated areas. To explain our findings, we develop a model of a monocentric coastal city, which we then use to explore the consequences of sea level rise and government policies.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 8997

Klassifikation
Wirtschaft
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Climate; Natural Disasters and Their Management; Global Warming
Land Use Patterns
Thema
cities
climate change
sea level rise

Ereignis
Geistige Schöpfung
(wer)
Lin, Yatang
McDermott, Thomas K.J.
Michaels, Guy
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and Ifo Institute (CESifo)
(wo)
Munich
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Lin, Yatang
  • McDermott, Thomas K.J.
  • Michaels, Guy
  • Center for Economic Studies and Ifo Institute (CESifo)

Entstanden

  • 2021

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