The Economic Effects of Climate Change Adaptation Measures: Evidence from Miami-Dade County and New York City

Seung Kyum Kim

This research examines the economic impact of climate change adaptation measures on the housing markets of two representative coastal cities in the United States located along the Atlantic Ocean. The results shed light on how adaptation measures and investments influence housing values and local economies with respect to their place-based and local forms of implementation. Collectively, the study suggests which adaptation strategies, characteristics, and attributes can contribute to maximizing both community resilience and economic benefits against the weather extremes caused by climate change.