IDEAS home Printed from https://ideas.repec.org/a/taf/teepxx/v3y2014i2p167-185.html
   My bibliography  Save this article

Valuing the storm surge protection service of US Gulf Coast wetlands

Author

Listed:
  • Edward B. Barbier
  • Brian S. Enchelmeyer

Abstract

Current plans for US Gulf Coast wetland restoration assume that wetlands can save lives and property by reducing storm surges. However, there have been few economic valuations of this benefit for Gulf Coast wetlands. We develop a methodology for estimating the value of wetlands in reducing expected property damages from hurricane flooding that relates damages to the distribution of storm events and incorporates both the wetland characteristics of wave attenuation and offshore storm surge properties. We apply this methodology to value the storm surge protection service of coastal marshes, in terms of reducing expected property damages, along the path of a storm south-east Louisiana, which includes New Orleans. We conclude by discussing the implications of this analysis for further research on the economic value of wetlands in protecting coastal property and for restoration policy.

Suggested Citation

  • Edward B. Barbier & Brian S. Enchelmeyer, 2014. "Valuing the storm surge protection service of US Gulf Coast wetlands," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 3(2), pages 167-185, July.
  • Handle: RePEc:taf:teepxx:v:3:y:2014:i:2:p:167-185
    DOI: 10.1080/21606544.2013.876370
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/21606544.2013.876370
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Barbier, Edward B., 2015. "Valuing the storm protection service of estuarine and coastal ecosystems," Ecosystem Services, Elsevier, vol. 11(C), pages 32-38.
    2. Edward B. Barbier, 2016. "The Protective Value of Estuarine and Coastal Ecosystem Services in a Wealth Accounting Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 37-58, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:teepxx:v:3:y:2014:i:2:p:167-185. 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: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/teep20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.