{"id":10457,"date":"2022-06-24T15:47:02","date_gmt":"2022-06-24T06:47:02","guid":{"rendered":"https:\/\/www.waseda.jp\/inst\/wias\/?p=10457"},"modified":"2022-06-24T15:55:47","modified_gmt":"2022-06-24T06:55:47","slug":"__trashed-2-67-3-2","status":"publish","type":"post","link":"https:\/\/www.waseda.jp\/inst\/wias\/news-en\/2022\/06\/24\/10457\/","title":{"rendered":"WIAS Visiting Researcher Seminar: WINPEC Seminar \u201cEmpirical Microeconomics Seminar\u201d(7\/14)"},"content":{"rendered":"

WIAS Visiting Researcher Seminar:
\nWINPEC Seminar \u201cEmpirical Microeconomics Seminar\u201d (7\/14)<\/h4>\n

Speaker<\/h5>\n

TARUI, Nori<\/a> \uff08Professor, University of Hawaii at Manoa\uff09<\/p>\n

Outline<\/h5>\n

“Sea Level Rise Risk Interactions with Coastal Property Values: A Case Study of O\u2018ahu, Hawai\u2018i”<\/p>\n

Climate change-induced sea level rise (SLR), by affecting a range of coastal assets, will prompt challenging decisions about coastal land use across the world. Recent studies find that current and projected SLR is associated with relatively lower current property values. We contribute to this growing body of research with a case of O\u2018ahu, Hawai\u2018i, which is famed for its beaches as well as valuable coastal real estate. We leverage a unique dataset that unpacks multiple types of SLR exposure in addition to typical bathtub modeling\u2013specifically how SLR interacts with seasonal high wave run-up and exacerbated patterns of coastal erosion. We apply property transaction data in the City and County of Honolulu (O\u02bbahu) between 2014 and 2019 to investigate the effect of current and expected SLR exposure on residential property prices. We find that exposed properties have already experienced declines in transaction prices, at 7-20%.\u00a0 While confirming earlier findings that chronic flooding risks are associated with lower transaction prices, we also find that seasonal high wave exposures matter for housing value. The market response of coastal residential properties to current and expected SLR has important implications for coastal management strategies, in particular the viability of managed retreat programs involving large-scale buy-outs.<\/p>\n

Date & Time<\/h5>\n

July 14, 2022\uff08Thu\uff09 16:30\uff5e18:00<\/p>\n

Venue<\/h5>\n

Online (Zoom)<\/p>\n

Language<\/h5>\n

English<\/p>\n

Prospected Audience<\/h5>\n

Researchers and students<\/p>\n

Organizer<\/h5>\n

Waseda Institue of Political Economy (WINPEC), Waseda University<\/p>\n

Co-Organizer<\/h5>\n

Research Institute for Environmental Economics and Management (RIEEM), Waseda University
\nWaseda Institute for Advanced Study (WIAS), Waseda University<\/p>\n

Registration<\/h5>\n

Prior registration is required.\u00a0 Please register from the link below.<\/p>\n

Webinar Registration \u2013 Zoom<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WIAS Visiting Researcher Seminar: WINPEC Seminar \u201cEmpirical Microeconomics Seminar\u201d (7\/14) Speaker TARUI, Nori […]<\/p>\n","protected":false},"author":6,"featured_media":10380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[82,94,73],"class_list":["post-10457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-events-en","tag-general-en","tag-research-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/10457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/comments?post=10457"}],"version-history":[{"count":2,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/10457\/revisions"}],"predecessor-version":[{"id":10465,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/10457\/revisions\/10465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media\/10380"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media?parent=10457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/categories?post=10457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/tags?post=10457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}