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Private Benefits from Public Investment in Climate Adaptation and Resilience

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NBER2025-03-01 更新2025-04-05 收录
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Flood protection infrastructure investments, such as Army Corps of Engineers levees, can enhance resilience to flood risks amplified by climate change. We estimate levees benefits by exploiting repeat residential property transactions. In areas protected by levees, home values increase 3-4 percent.

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2025-03-01
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