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Economic Impacts Of Coastal Hazards On Mississippi Commercial Oyster Fishery From 2005 To 2016, Benedict C. Posadas

Journal of Ocean and Coastal Economics

This paper attempted to quantify the commercial fishery impacts consisting of wild harvest losses of oysters by commercial Mississippi fishers due to coastal hazards since 2005. The economic impacts of coastal hazards on the Mississippi oyster fishery included the direct losses associated with Katrina in 2005, the oil spill in 2010, spillway opening in 2011 and harmful algal blooms in 2015. The cumulative economic direct impacts on the Mississippi oyster reached almost $40 million, averaging about $3.3 million per year. Long-term data were compiled to develop economic recovery models for the Mississippi oyster fishery. The economic recovery model attempted to …