Financing Beach Improvements: Comparing Two Approaches on the Georgia Coast

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Abstract:

Fifty-five percent of Georgia's developed coastline has been armored with various types of erosion protection devices. This article is about beach improvement projects at Jekyll Island that would operate under (a) a nourishment policy or (b) a retreat policy. Benefits are calculated from an intensive, on-site survey of beach visitors and the costs are calculated from observable sources. Two financing methods are considered: general revenue and user fee financing. The analyses imply recommending beach improvement as an effective policy within the considered time frame.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/08920750490487467

Affiliations: 1: Department of Agriculture and Applied Economics, University of Georgia, Athens, Georgia, USA 2: Department of Economics, East Carolina University, Greenville, North Carolina, USA

Publication date: October 1, 2004

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