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Full-Text Articles in Life Sciences
The Vulnerability Of Louisiana To Hurricane Damage And The Value Of Wetlands For Hurricane Risk Reduction, James Luke Boutwell
The Vulnerability Of Louisiana To Hurricane Damage And The Value Of Wetlands For Hurricane Risk Reduction, James Luke Boutwell
LSU Doctoral Dissertations
Coastal Louisiana is annually threatened by coastal storms. Population grown, wetland loss, and potentially increasing storm frequency are likely to increase coastal vulnerability to these events. Increasingly, coastal management entities are managing land resources to reduce the economic impact of natural disasters with the use of natural infrastructure. This is true in Louisiana where the Louisiana Coastal Master Plan allocates billions of dollars to coastal restoration projects, many of which are intended to mitigate economic damages from tropical storms and hurricanes. Despite this significant proposed investment, the risk reduction value provided by these projects is not well known. This analysis …
A Market-Based Approach For Valuing Ecosystem Services On Coastal Properties, Michelle A. Savolainen
A Market-Based Approach For Valuing Ecosystem Services On Coastal Properties, Michelle A. Savolainen
LSU Doctoral Dissertations
As part of ongoing efforts to assess ecosystem services provided by wetlands, this research focuses on estimating the private monetary value of wetland services to residential property owners in Louisiana and Alabama using a hedonic price model. Understanding that tradeoffs must be made with limited resources, valuing ecosystem services is important for policy and decision making purposes, such as determining how much public and private financial resources should be put towards wetland maintenance and restoration. Data on property transactions, wetland coverage, and built infrastructure were collected for the analysis. Based on theory and results from a Box-Cox model, the log-linear …