Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity at risk ranging from $2.4 billion to $3.1 billion in output. Increases in storm damage to capital stock range from $8.7 billion to as much as $133 billion with associated disruptions to economic activity ranging from an additional $1.9 billion to $23 billion in total lost output.
Barnes, Stephen R.; Bond, Craig; Burger, Nicholas; Anania, Kate; Strong, Aaron; Weilant, Sarah; and Virgets, Stephanie
"Economic Evaluation of Coastal Land Loss in Louisiana,"
Journal of Ocean and Coastal Economics:
1, Article 3.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.
Agricultural and Resource Economics Commons, Climate Commons, Economic Policy Commons, Energy Policy Commons, Environmental Education Commons, Environmental Health and Protection Commons, Environmental Indicators and Impact Assessment Commons, Environmental Monitoring Commons, Environmental Policy Commons, Fresh Water Studies Commons, Geographic Information Sciences Commons, Growth and Development Commons, International Economics Commons, Natural Resource Economics Commons, Natural Resources and Conservation Commons, Natural Resources Management and Policy Commons, Nature and Society Relations Commons, Oil, Gas, and Energy Commons, Political Economy Commons, Public Economics Commons, Regional Economics Commons, Science and Technology Policy Commons, Sustainability Commons, Urban Studies and Planning Commons, Water Resource Management Commons