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Social and economic vulnerability of coastal communities to sea-level rise and extreme flooding

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  • Daniel Felsenstein
  • Michal Lichter

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    Abstract

    This paper assesses the socioeconomic consequences of extreme coastal flooding events. Wealth and income impacts associated with different social groups in coastal communities in Israel are estimated. A range of coastal flood hazard zones based on different scenarios are identified. These are superimposed on a composite social vulnerability index to highlight the spatial variation in the socioeconomic structure of those areas exposed to flooding. Economic vulnerability is captured by the exposure of wealth and income. For the former, we correlate the distribution of housing stock at risk with the socioeconomic characteristics of threatened populations. We also estimate the value of residential assets exposed under the different scenarios. For the latter, we calculate the observed change in income distribution of the population under threat of inundation. We interpret the change in income distribution as an indicator of recovery potential. Copyright Springer Science+Business Media Dordrecht 2014

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    File URL: http://hdl.handle.net/10.1007/s11069-013-0929-y
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    Bibliographic Info

    Article provided by International Society for the Prevention and Mitigation of Natural Hazards in its journal Natural Hazards.

    Volume (Year): 71 (2014)
    Issue (Month): 1 (March)
    Pages: 463-491

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    Handle: RePEc:spr:nathaz:v:71:y:2014:i:1:p:463-491

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    Web page: http://www.springer.com/economics/journal/11069

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    Related research

    Keywords: Social vulnerability; Asset vulnerability; Income distribution; Flood hazard zones; Sea-level rise;

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    1. Sven Fuchs & Christian Kuhlicke & Volker Meyer, 2011. "Editorial for the special issue: vulnerability to natural hazards—the challenge of integration," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 58(2), pages 609-619, August.
    2. Craig E. Landry & Okmyung Bin & Paul Hindsley & John C. Whitehead & Kenneth Wilson, 2007. "Going Home: Evacuation-Migration Decisions of Hurricane Katrina Survivors," Working Papers 07-03, Department of Economics, Appalachian State University.
    3. Shaughnessy, Timothy M. & White, Mary L. & Brendler, Michael D., 2010. "The Income Distribution Effect of Natural Disasters: An Analysis of Hurricane Katrina," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 40(1).
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    6. Okmyung Bin & Jamie Brown Kruse & Craig E. Landry, 2008. "Flood Hazards, Insurance Rates, and Amenities: Evidence From the Coastal Housing Market," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(1), pages 63-82.
    7. Robert M. Stein & Leonardo Dueñas-Osorio & Devika Subramanian, 2010. "Who Evacuates When Hurricanes Approach? The Role of Risk, Information, and Location," Social Science Quarterly, Southwestern Social Science Association, vol. 91(3), pages 816-834.
    8. Koch, James V., 2010. "Costs of Defending Against Rising Sea Levels and Flooding in Mid-Atlantic Metropolitan Coastal Areas: The Basic Issues," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 40(1).
    9. S. Balica & N. Wright & F. Meulen, 2012. "A flood vulnerability index for coastal cities and its use in assessing climate change impacts," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 64(1), pages 73-105, October.
    10. Gabi Hufschmidt, 2011. "A comparative analysis of several vulnerability concepts," Natural Hazards, International Society for the Prevention and Mitigation of Natural Hazards, vol. 58(2), pages 621-643, August.
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