Environmental Economics
The cromulent economics blog
recent posts
Category: Coastal management
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You may have noticed that we took a week off last week (if so, get a life!). I was in the field researching coastal erosion (it required a hike from this access point but Mason Inlet is still where they hoped it would be): I was in charge of the protein on Tuesday night…
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Sathya Gopalakrishnan, Craig E. Landry, Martin D. Smith, and John C. Whitehead: Abstract. This paper provides a review and synthesis of geoeconomic models that are used to analyze coastal erosion management and shoreline change. We outline a generic framework for analyzing risk-mitigating and/or recreation-enhancing policy interventions within a dynamic framework, and we review literature that…
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Apparently Steven Goddard doesn't like me pointing out his misrepresentation of the NOAA sea level data:
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A Drudge headline this morning points to this story that claims sea levels have been falling for the past 6 years. And the story is correct. Here's the graphic proof based on data from the National Oceanic and Atmospheric Administration: Nothing to look at here. Everyone's safe. No worries. But, perhaps unsurprisingly, given the source, the…
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When a clean environment is important for the economy the criticism will still be unmerciful: The Obama administration is expected to withdraw its plan to permit oil and gas drilling off the southeast Atlantic coast, yielding to an outpouring of opposition from coastal communities from Virginia to Georgia but dashing the hopes and expectations of…
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The Department of Agricultural, Environmental, and Development Economics (my department) in the College of Food, Agricultural and Environmental Sciences (my college) at The Ohio State University (my university) is hiring for four new faculty positions–and I am not ashamed of taking advantage of this blog to promote the positions. If you have (or are close…
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This is a great conference. I've attended three out of four and have always learned something important. It is the sort of conference where an economics paper focuses more on the economics than the statistics. I've been given clearance to try to attend this year so I'm crafting my abstract as we speak (so to…
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After yesterday's announcement of a tentative settlement between BP and federal and state negotiators, BP has provided details of the payment schedule for the $18.7B settlement. The settlement consists of payments for civil penalties ($5.5B), natural resource damages ($7.33B), and state damages ($4.9B) over 18 years. An additional $1B is set aside for payments to…
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Some good stuff (new research) from a colleague of mine here at Ohio State (Sathya Gopalakrishnan–who I was smart enough to hire) and a couple of other 'contributors' from some schools in North Carolina*: The value of many oceanfront properties on the East Coast could drop dramatically if Congress were to suddenly end federal beach…
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