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Title: Unequal economic consequences of coastal hazards: hurricane impacts on North Carolina
Abstract 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.  more » « less
Award ID(s):
2209190
PAR ID:
10535482
Author(s) / Creator(s):
; ; ; ; ; ;
Publisher / Repository:
IOP Publishing
Date Published:
Journal Name:
Environmental Research Letters
Volume:
19
Issue:
10
ISSN:
1748-9326
Format(s):
Medium: X Size: Article No. 104003
Size(s):
Article No. 104003
Sponsoring Org:
National Science Foundation
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