Document Type

Article

Publication Date

2010

Publication Title

Journal of Regional Analysis & Policy

Volume

40

Issue

1

Pages

53-60

Abstract

Rising ocean levels have resulted in increasingly severe flooding in numerous metropolitan coastal areas. What would it cost to minimize or eliminate such damage? Relatively little economic work has been done to provide an answer, at least partially because some authorities believe attempts to deal with flooding ultimately are futile. Further, discussions of funding always involve massive welfare transfers from the non-flooded to the flooded. The cost of erecting a single mile of new sea wall exceeds $35 million in 2009 dollars and annual maintenance costs range between 5 and 10 percent.

Comments

Posted with the permission of the publisher.

Original Publication Citation

Koch, J. V. (2010). Costs of defending against rising sea levels and flooding in Mid-Atlantic metropolitan coastal areas: The basic issues. Journal of Regional Analysis & Policy, 40(1), 53-60.

ORCID

0000-0002-6221-814X (Koch)

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