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dc.titleThe Impact of Coastal Infrastructure Improvements on Economic Growth: Evidence from Barbados
dc.contributor.authorCorral, Leonardo
dc.contributor.authorSchling, Maja
dc.contributor.authorRogers, Cassandra
dc.contributor.authorCumberbatch, Janice
dc.contributor.authorHinds, Fabian
dc.contributor.authorZhou, Naijun
dc.contributor.authorLemay, Michele H.
dc.contributor.orgunitOffice of Strategic Planning and Development Effectiveness
dc.contributor.orgunitEnvironment, Rural Development and Risk Management Division
dc.coverageBarbados
dc.coverageThe Caribbean
dc.date.available2016-10-03T00:00:00
dc.date.issue2016-10-03T00:00:00
dc.description.abstractThis paper presents the first rigorous impact evaluation of a shoreline stabilization program in Barbados and attempts to assess whether shoreline stabilization investments indeed have beneficial effects on medium-term economic growth in Small Island Developing States through stimulating tourism demand and real estate development. The analysis relies on a carefully designed geographic information systems (GIS) dataset, which comprises extensive panel data from Barbados' touristic West and South Coasts on key infrastructure, beach characteristics, and real estate activity, as well as remotely-sensed luminosity data as a proxy of economic growth. The synthetic control method is employed to construct a counterfactual from a combination of all control beach sites and subsequently estimate program impact on per capita luminosity as a proxy for GDP p.c.. Results indicate that even in the first three years after treatment, economic effects are positive and indicate a strong positive trend. This suggests that shoreline stabilization works may not only help preserve fragile ecological conditions, but further lead to sustainable growth in the local economy.
dc.format.extent65
dc.identifier.doihttp://dx.doi.org/10.18235/0011763
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Impact-of-Coastal-Infrastructure-Improvements-on-Economic-Growth-Evidence-from-Barbados.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomic Development
dc.subjectTourism
dc.subjectCoastal Infrastructure
dc.subjectInfrastructure Investment
dc.subjectLocal Economic Development
dc.subjectEnvironmental Protection
dc.subjectImpact Evaluation
dc.subjectSustainable Development
dc.subjectTourism Infrastructure
dc.subjectEnvironmental Impact
dc.subjectSustainable Growth
dc.subjectGross Domestic Product
dc.subject.jelcodeD04 - Microeconomic Policy: Formulation, Implementation, and Evaluation
dc.subject.jelcodeN56 - Latin America • Caribbean
dc.subject.jelcodeO44 - Environment and Growth
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.keywordscoastal zone management;local economic growth;coastal infrastructure
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
idb.operationBA-0019
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