The value of disappearing beaches: A hedonic pricing model with endogenous beach width

Beach nourishment is a policy used to rebuild eroding beaches with sand dredged from other locations. Previous studies indicate that beach width positively affects coastal property values, but these studies ignore the dynamic features of beaches and the feedback that nourishment has on shoreline retreat. We correct for the resulting attenuation and endogeneity bias in a hedonic property value model by instrumenting for beach width using spatially varying coastal geological features. We find that the beach width coefficient is nearly five times larger than the OLS estimate, suggesting that beach width is a much larger portion of property value than previously thought. We use the empirical results to parameterize a dynamic optimization model of beach nourishment decisions and show that the predicted interval between nourishment projects is closer to what we observe in the data when we use the estimate from the instrumental variables model rather than OLS. As coastal communities adapt to climate change, we find that the long-term net value of coastal residential property can fall by as much as 52% when erosion rate triples and cost of nourishment sand quadruples.     

Anticipation and tracking of pulsed resources drive population dynamics in eastern chipmunks

Pulsed systems are characterized by boom and bust cycles of resource production that are expected to cascade through multiple trophic levels. Many of the consumers within pulsed resource systems have specific adaptations to cope with these cycles that may serve to either amplify or dampen their community-wide consequences. We monitored a seed predator, the eastern chipmunk (Tamias striatus), in an American beech (Fagus grandifolia) dominated forest, and used capture-mark-recapture analyses to estimate chipmunk vital rates and relate them to interannual variation in beech seed production. The summer activity and reproduction of adults anticipated autumn beech production, with high activity and intense reproduction occurring in summers prior to beech masts. Chipmunks also reproduced every spring following a beech mast. However, adult survival was independent of beech production. In contrast, juvenile survival was lower in years of mast failure than in years of mast production, but their activity was consistently high and independent of beech production. Population growth was strongly affected by the number of juveniles and therefore by beech seed production, which explains nearly 70% of variation in population growth. Our results suggest that a combination of resource-dependent reproduction and variable activity levels associated with anticipation and response to resource pulses allows consumers to buffer potential deleterious effects of low food abundance on their survival.     

Climate change and sustainable development: realizing the opportunity

Manifold linkages exist between climate change and sustainable development. Although these are starting to receive attention in the climate exchange literature, the focus has typically been on examining sustainable development through a climate change lens, rather than vice versa. And there has been little systematic examination of how these linkages may be fostered in practice. This paper examines climate change through a sustainable development lens. To illustrate how this might change the approach to climate change issues, it reports on the findings of a panel of business, local government, and academic representatives in British Columbia, Canada, who were appointed to advise the provincial government on climate change policy. The panel found that sustainable development may offer a significantly more fruitful way to pursue climate policy goals than climate policy itself. The paper discusses subsequent climate change developments in the province and makes suggestions as how best to pursue such a sustainability approach in British Columbia and other jurisdictions.     

A land use regression model for predicting ambient concentrations of nitrogen dioxide in Hamilton, Ontario, Canada

This paper reports on the development of a land use regression (LUR) model for predicting the intraurban variation of traffic-related air pollution in Hamilton, Ontario, Canada, an industrial city at the western end of Lake Ontario. Although land use regression has been increasingly used to characterize exposure gradients within cities, research to date has yet to test whether this method can produce reliable estimates in an industrialized location. Ambient concentrations of nitrogen dioxide (NO2) were measured for a 2-week period in October 2002 at > 100 locations across the city and subsequently at 30 of these locations in May 2004 to assess seasonal effects. Predictor variables were derived for land use types, transportation, demography, and physical geography using geographic information systems. The LUR model explained 76% of the variation in NO2. Traffic density, proximity to a highway, and industrial land use were all positively correlated with NO2 concentrations, whereas open land use and distance from the lake were negatively correlated with NO2. Locations downwind of a major highway resulted in higher NO2 levels. Cross-validation of the results confirmed model stability over different seasons. Our findings demonstrate that land use regression can effectively predict NO2 variation at the intraurban scale in an industrial setting. Models predicting exposure within smaller areas may lead to improved detection of health effects in epidemiologic studies.