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Effects of Sea Level Rise on Economy of the United States

Monika Novackova, Richard S. J. Tol

arXiv 21 Jul 2016 · General Economics · publishedJournal of Environmental Economics and Policy (2017) · 12 citations (OpenAlex)

arXiv:1607.06247 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We report the first ex post study of the economic impact of sea level rise. We apply two econometric approaches to estimate the past effects of sea level rise on the economy of the USA, viz. Barro type growth regressions adjusted for spatial patterns and a matching estimator. Unit of analysis is 3063 counties of the USA. We fit growth regressions for 13 time periods and we estimated numerous varieties and robustness tests for both growth regressions and matching estimator. Although there is some evidence that sea level rise has a positive effect on economic growth, in most specifications the estimated effects are insignificant. We therefore conclude that there is no stable, significant effect of sea level rise on economic growth. This finding contradicts previous ex ante studies.

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39
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distinct cited
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appendix boundary found by appendix_titled_section at “Appendix 1 Control variables” · 79% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
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8LeSage, J. P (1998) Spatial Econometrics0.58531100%
9Konikow, L. F (2013) Groundwater depletion in the united states (1900-2008)0.51121100%
10Hinkel, J., Wong, P. P., Losada, I. J., and J. P. Gattuso, A. Khatta… (2014) Coastal Systems and Low-Lying Areas. In: Climate Change 2014: Impacts, Adaptation and Vulnerability, Part A: Global and Sectoral…0.51121100%

Showing the top 10 of 39 scored citations.