Publisher:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel, Hamburg
Abstract:
This paper analyses the effect of migration on other adaptation measures and on mitigation from a political economy perspective. Mitigation is represented by an ecotax while adaptation is represented by a dike. In our model, we focus on a coastal region where individuals are heterogeneous in income and location and where flood risk exists. A main result is that the option to move away decreases the political support for mitigation while the effect on adaptation can be positive or negative.