You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
In Harm's Way: Does Federal Spending on Beach Enhancement and Protection Induce Excessive Development in Coastal Areas?
Joseph J. Cordes and Anthony M. J. Yezer
Vol. 74, No. 1 (Feb., 1998), pp. 128-145
Published by: University of Wisconsin Press
Stable URL: http://www.jstor.org/stable/3147218
Page Count: 18
You can always find the topics here!Topics: Beaches, Storm damage, Flood insurance, Shorelines, Recreation demand, Property ownership, Economic costs, Financial investments, Prices, Employment
Were these topics helpful?See somethings inaccurate? Let us know!
Select the topics that are inaccurate.
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
Rapid economic growth along shorelines places property in harm's way because of exposure to storms, and has sparked debate about the government's role in attenuating the associated risks faced by beachfront property owners. This paper analyzes the effects of government shore protection activities. Additional development that takes place in shoreline areas because of shore-protection projects provides net social benefits, even when more property is placed in harm's way. Our empirical analysis shows, however, that growth in beachfront communities has been prompted mainly by rising income and employment in inland areas, rather than by public investments in shore protection.
Land Economics © 1998 Board of Regents of the University of Wisconsin System