Replication Data for: Evaluating the Economic Cost of Coastal Flooding

Principal Investigator(s):  View help for Principal Investigator(s) Klaus Desmet, Southern Methodist University; Robert E. Kopp, Rutgers University; Scott A. Kulp, Climate Central; Dávid Krisztián Nagy, CREI; Michael Oppenheimer, Princeton University; Esteban Rossi-Hansberg, Princeton University; Benjamin H. Strauss, Climate Central

Version:  View help for Version V1

Name File Type Size Last Modified
  Replication 05/18/2020 11:14:AM
AEJMacro-2018-0366_Readme.pdf application/pdf 178.4 KB 05/18/2020 06:33:AM
Area_megacities.zip application/zip 347.6 KB 05/15/2020 07:23:PM
CityResults.zip application/zip 21.7 MB 05/10/2020 07:25:AM
HousingValues.zip application/zip 3 MB 05/10/2020 07:27:AM
LandExposure_Blockgroups.zip application/zip 21 MB 05/10/2020 05:37:AM
LandExposure_aw3d30_processed.zip application/zip 191.9 MB 05/10/2020 08:23:AM
LandExposure_aw3d30_raw.zip application/zip 45.3 MB 05/15/2020 07:24:PM
LandExposure_coastaldem_processed.zip application/zip 945.6 MB 05/10/2020 06:54:AM
LandExposure_coastaldem_raw.zip application/zip 50.1 MB 05/10/2020 06:30:AM

Project Citation: 

Desmet, Klaus, Kopp, Robert E., Kulp, Scott A., Nagy, Dávid Krisztián, Oppenheimer, Michael, Rossi-Hansberg, Esteban, and Strauss, Benjamin H. Replication Data for: Evaluating the Economic Cost of Coastal Flooding. Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-03-19. https://doi.org/10.3886/E117946V1

Project Description

Summary:  View help for Summary Sea-level rise will cause spatial shifts in economic activity over the next 200 years. Using a spatially disaggregated, dynamic model of the world economy, this paper estimates the consequences of probabilistic projections of local sea-level changes. Under an intermediate scenario of greenhouse gas emissions, permanent flooding is projected to reduce global real GDP by 0.19% in present value terms. By the year 2200 a projected 1.46% of population will be displaced. Losses in coastal localities are much larger. When ignoring the dynamic response of investment and migration, the loss in real GDP in 2200 increases from 0.11% to 4.5%.

Scope of Project

Subject Terms:  View help for Subject Terms coastal flooding; geography; mobility; sea-level rise; spatial growth models; climate change
JEL Classification:  View help for JEL Classification
      F18 Trade and Environment
      F22 International Migration
      F43 Economic Growth of Open Economies
      Q51 Valuation of Environmental Effects
      Q54 Climate; Natural Disasters and Their Management; Global Warming
      Q56 Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
      R11 Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Geographic Coverage:  View help for Geographic Coverage World
Time Period(s):  View help for Time Period(s) 2000 – 2200

Methodology

Geographic Unit:  View help for Geographic Unit 1 degree by 1 degree

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V1 [2021-03-19]

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