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Assessing the economic costs of sea level rise

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  • R K Turner
  • N Adger
  • P Doktor
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    Abstract

    Sea level rise is one of the potential consequences of human induced global climate change, and coastal zones, together with their inhabitants, may be becoming more susceptible and vulnerable to such external shocks and related damage impacts. Global, regional, and national scale studies have been undertaken in an attempt to assess the future threat posed by sea level rise. To date none of these studies have fully encompassed the relationship between the physical change impacts and the socioeconomic implications. The authors utilise both a 'GDP-at-risk' and an economic cost —benefit approach, in combination with biophysical analysis, to model the impacts of sea level rise along the East Anglian coastline of eastern England. The economic results indicate that for most sea-level-rise predictions the protect strategy is economically justifiable on a region-wide basis. At a more localised scale a combination of response options, including 'do nothing and retreat', may be optimal.

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    Bibliographic Info

    Article provided by Pion Ltd, London in its journal Environment and Planning A.

    Volume (Year): 27 (1995)
    Issue (Month): 11 (November)
    Pages: 1777-1796

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    Handle: RePEc:pio:envira:v:27:y:1995:i:11:p:1777-1796

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    Web page: http://www.pion.co.uk

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    Cited by:
    1. David Anthoff & Robert Nicholls & Richard Tol, 2010. "The economic impact of substantial sea-level rise," Mitigation and Adaptation Strategies for Global Change, Springer, Springer, vol. 15(4), pages 321-335, April.
    2. David Anthoff & Robert J. Nicholls & Richard S.J. Tol, 2007. "Sea Level Rise And Equity Weighting," Working Papers, Research unit Sustainability and Global Change, Hamburg University FNU-136, Research unit Sustainability and Global Change, Hamburg University, revised May 2007.
    3. Roberto Roson & Francesco Bosello & Marco Lazzarin & Richard S.J. Tol, 2004. "Economy-Wide Estimates of the Implications of Climate Change: Sea Level Rise," Working Papers 2004.96, Fondazione Eni Enrico Mattei.
    4. Roberto Roson & Francesco Bosello & Andrea Bigano & Richard S.J. Tol, 2008. "Economy-Wide Impacts of Climate Change: A Joint Analysis for Sea Level Rise and Tourism," Working Papers 2008_06, Department of Economics, University of Venice "Ca' Foscari".
    5. Francesco Bosello & Enrica De Cian, 2013. "Climate Change, Sea Level Rise, and Coastal Disasters. A Review of Modeling Practices," Working Papers 2013.104, Fondazione Eni Enrico Mattei.
    6. Roy Darwin & Richard Tol, 2001. "Estimates of the Economic Effects of Sea Level Rise," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 19(2), pages 113-129, June.

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