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Unequal economic consequences of coastal hazards: hurricane impacts on North Carolina
The eastern North Carolina Coastal Area Management Act region is one of the most hurricane-prone areas of the United States. Hurricanes incur substantial damage and economic losses because structures located near the coast tend to be high value as well as particularly exposed. To bolster disaster mitigation and community resilience, it is crucial to understand how hurricane hazards drive social and economic impacts. We integrate detailed hazard simulations, property data, and labor compensation estimates to comprehensively analyze hurricanes’ economic impacts. This study investigates the spatial distribution of probabilistic hurricane hazards, and concomitant property losses and labor impacts, pinpointing particularly hard hit areas. Relationships between capital and labor losses, social vulnerability, and asset values reveal the latter as the primary determinant of overall economic consequences.
Unequal economic consequences of coastal hazards: hurricane impacts on North Carolina
The eastern North Carolina Coastal Area Management Act region is one of the most hurricane-prone areas of the United States. Hurricanes incur substantial damage and economic losses because structures located near the coast tend to be high value as well as particularly exposed. To bolster disaster mitigation and community resilience, it is crucial to understand how hurricane hazards drive social and economic impacts. We integrate detailed hazard simulations, property data, and labor compensation estimates to comprehensively analyze hurricanes’ economic impacts. This study investigates the spatial distribution of probabilistic hurricane hazards, and concomitant property losses and labor impacts, pinpointing particularly hard hit areas. Relationships between capital and labor losses, social vulnerability, and asset values reveal the latter as the primary determinant of overall economic consequences.
Unequal economic consequences of coastal hazards: hurricane impacts on North Carolina
Dahui Liu (author) / Junkan Li (author) / Ian Sue Wing (author) / Brian Blanton (author) / Jamie Kruse (author) / Linda Nozick (author) / Meghan Millea (author)
2024
Article (Journal)
Electronic Resource
Unknown
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