Coastal landscape and the hedonic price of accommodation
The impact of climate change on tourism has been examined in terms of changes in a destinations climate; the impact of ancillary effects such as sea-level rise has been neglected. In this study the role that coastal and other landscape features have on the attractiveness of tourist destinations is examined using the hedonic price technique. The average price of accommodation in the coastal districts of Schleswig-Holstein is explained using landscape and other characteristics of these districts. As the western coastline of Schleswig-Holstein is protected by dikes, adaptation measures as well as natural coastal features are represented in the data set. The analysis shows that an increase in the length of dikes in a given district would result in a reduction in the average price of accommodation. An increase in the length of open coast results in an increase in the average price of accommodation. The impact of sea-level rise is examined through an assessment of the financial losses in the accommodation sector through the modification of the coastline caused by the construction of different coastal protection measures. It was found that, purely in terms of accommodation revenues, beach nourishment rather than dike construction is the more beneficial adaptation measure.
(This abstract was borrowed from another version of this item.)
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Beatriz Gaitan de Soto & Richard S.J. Tol & I. Hakan Yetkiner, 2004.
"The Hotelling's Rule Revisited in a Dynamic General Equilibrium Model,"
FNU-44, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2004.
- Beatriz Gaitan S. & Richard S.J. Tol & I. Hakan Yetkiner, 2006. "The Hotelling’s Rule Revisited in a Dynamic General Equilibrium Model," Papers of the Annual IUE-SUNY Cortland Conference in Economics, in: Proceedings of the Conference on Human and Economic Resources, pages 213-238 Izmir University of Economics.
- Beatriz Gaitan & Richard S.J. Tal & I. Hakan Yetkiner, 2004. "The Hotelling's Rule Revisited in a Dynamic General Equilibrium Model," DEGIT Conference Papers c009_033, DEGIT, Dynamics, Economic Growth, and International Trade.
- Katrin Rehdanz, 2002. "Hedonic Pricing Of Climate Change Impacts To Households In Great Britain," Working Papers FNU-13, Research unit Sustainability and Global Change, Hamburg University, revised Jul 2002.
- Irandoust, Manuchehr, 1998. "Pricing Policy in the Swedish Automobile Market," Journal of Economics and Business, Elsevier, vol. 50(3), pages 309-317, May.
- P. Michael Link & Richard S.J. Tol, 2004. "Possible Economic Impacts of a Shutdown of the Thermohaline Circulation: an Application of FUND," Working Papers FNU-42, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2004.
- Langyintuo, A. S. & Ntoukam, G. & Murdock, L. & Lowenberg-DeBoer, J. & Miller, D. J., 2004. "Consumer preferences for cowpea in Cameroon and Ghana," Agricultural Economics, Blackwell, vol. 30(3), pages 203-213, May.
- Christine Roeckmann, 2005. "International cooperation for sustainable fisheries in the Baltic Sea," Working Papers FNU-88, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2005.
- Richard S.J. Tol, 2004. "Exchange Rates And Climate Change: An Application Of Fund," Working Papers FNU-45, Research unit Sustainability and Global Change, Hamburg University, revised Jun 2004.
- Maddison, David & Bigano, Andrea, 2003. "The amenity value of the Italian climate," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 319-332, March.
- Jacqueline M. Hamilton & Maten A. Lau, 2004. "The Role Of Climate Information In Tourist Destination Choice Decision-Making," Working Papers FNU-56, Research unit Sustainability and Global Change, Hamburg University, revised Nov 2004.
- Katrin Rehdanz & David Maddison, 2004.
"The Amenity Value of Climate to German Households,"
2004.57, Fondazione Eni Enrico Mattei.
- Richard S.J. Tol & Andrea Bigano & Jacqueline M. Hamilton & Yuan Zhou, 2005.
"A Global Database of Domestic and International Tourist Numbers at National and Subnational Level,"
2005.3, Fondazione Eni Enrico Mattei.
- Andrea Bigano & Jacqueline M. Hamilton & Maren A. Lau & Richard S.J. Tol & Zhou Yuan, 2004. "A Global Database Of Domestic And International Tourist Numbers At National And Subnational Level," Working Papers FNU-54, Research unit Sustainability and Global Change, Hamburg University, revised Nov 2004.
- Doms, Mark & Forman, Chris, 2005. "Prices for local area network equipment," Information Economics and Policy, Elsevier, vol. 17(3), pages 365-388, July.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
- David F. Layton & Gardner Brown, 2000. "Heterogeneous Preferences Regarding Global Climate Change," The Review of Economics and Statistics, MIT Press, vol. 82(4), pages 616-624, November.
- Thomas Heinzow & Richard S.J. Tol, 2003. "Prediction Of Crop Yields Across Four Climate Zones In Germany: An Artificial Neural Network Approach," Working Papers FNU-34, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2003.
When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:62:y:2007:i:3-4:p:594-602. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.