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We examine whether property price differentials reflecting flood risk increase following a large flood event, and whether this change is temporary or permanent. We use single-family residential property sales in Dougherty County, Georgia, between 1985 and 2004 in a difference-in-differences...
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This article describes the relative size of the green industry within the U.S. economy and how it is linked to supporting industries through the volume of transactions and economic impact multipliers. This analysis was based on IMPLAN, an input-output model developed by the U.S. Forest Service....
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This article extends the literature on economic valuation of public interventions that reduce environmental risk. We consider the case where risk-reducing interventions have different characteristics than the risk proxies used in hedonic regressions. We then demonstrate the importance of these...
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Coastal Georgia continues to experience extremely high population growth rates. People are attracted by coastal amenities, including pleasant views of the saltwater marshes. The real estate market has responded to population growth with a pattern of development that exhibits varying degrees of...
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