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.
- Language
-
Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 8997
- Classification
-
Wirtschaft
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Climate; Natural Disasters and Their Management; Global Warming
Land Use Patterns
- Subject
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cities
climate change
sea level rise
- Event
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Geistige Schöpfung
- (who)
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Lin, Yatang
McDermott, Thomas K.J.
Michaels, Guy
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and Ifo Institute (CESifo)
- (where)
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Munich
- (when)
-
2021
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Lin, Yatang
- McDermott, Thomas K.J.
- Michaels, Guy
- Center for Economic Studies and Ifo Institute (CESifo)
Time of origin
- 2021
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