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Physical Sciences and Mathematics Commons

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Center for the Blue Economy

Journal of Ocean and Coastal Economics

2017

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Articles 1 - 6 of 6

Full-Text Articles in Physical Sciences and Mathematics

The Application And Usefulness Of Economic Analyses For Water Quality Management In Coastal Areas, Sheri L. Jewhurst, Kate K. Mulvaney, Marisa J. Mazzotta Dec 2017

The Application And Usefulness Of Economic Analyses For Water Quality Management In Coastal Areas, Sheri L. Jewhurst, Kate K. Mulvaney, Marisa J. Mazzotta

Journal of Ocean and Coastal Economics

Economic studies are increasingly sought as tools to contribute to water quality management in estuaries and coastal communities, yet little is known about how the results from existing studies have been received and utilized by the organizations who solicited them. We interviewed managers from eight organizations who solicited economic studies over the past 15 years to understand how useful the studies were to their organizations and what economic research would be most helpful for their management needs. In terms of utility for coastal managers, there are a number of limitations in the studies. These include lack of site-specific data, the …


Aligning Natural Resource Conservation, Flood Hazard Mitigation, And Social Vulnerability Remediation In Florida, Juliano Calil, Sarah Newkirk Aug 2017

Aligning Natural Resource Conservation, Flood Hazard Mitigation, And Social Vulnerability Remediation In Florida, Juliano Calil, Sarah Newkirk

Journal of Ocean and Coastal Economics

Flooding continues to be the most common and damaging of all natural disasters in the United States. In 2016, twelve individual weather and climate events caused more than $1billion in damages each. During 2016, the U.S. was hit by at least five once-in-1,000 years precipitation events, and severe floods resulted in more than $17 billion in damages. Currently, more than 5.5 million active policies under the National Flood Insurance Program, underwrite more than $1.6 trillion in assets. Since 1978, NFIP has paid out more than $38 billion in claims – nearly 30% was paid to the 1% of properties classified …


Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets Jun 2017

Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets

Journal of Ocean and Coastal Economics

Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity …


The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King Jun 2017

The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King

Journal of Ocean and Coastal Economics

A lot of discussion and controversy has surrounded whether the “market transfer” effect in the Hawaii longline swordfish fishery occurred during the swordfish closure of 2001-2004, because of its potential impacts on sea turtle mortality. The primary academic work in support of the market transfer effect during the closure is a paper by Rausser et al. (2009): “Unintended Consequences: The Spillover Effects of Common Property Regulations.” In this paper, the authors claim to find evidence in support of the market transfer hypothesis.To our knowledge, no analysis has yet been undertaken to assess whether this analysis is sound, and yet it …


Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou Jun 2017

Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou

Journal of Ocean and Coastal Economics

Socio-economics in an ecosystem-based Marine Spatial Planning (MSP) process cover a wide range from specifying socio-economic objectives, respective indicators, organising stakeholder engagement, to data, methods and tools (e.g., environmental valuation and cost-benefit analysis) for example to identify issues, assess ecosystem services, provide an insight on human behaviour and compare alternative marine plans with potentially competing goals. In addition, social principles such as that of social equity have an important role to play in achieving sustainability in marine management. However, the use of socio-economics in making the ecosystem-based MSP framework operational, poses certain challenges to researchers, regulators and policy-makers. The purpose …


Rethinking Our Global Coastal Investment Portfolio, Erin Mccreless, Michael W. Beck Mar 2017

Rethinking Our Global Coastal Investment Portfolio, Erin Mccreless, Michael W. Beck

Journal of Ocean and Coastal Economics

Coastal gray infrastructure, including roads, bridges, and buildings, is critical for communities, and we invest significantly in it. We also invest in the restoration and maintenance of coastal green infrastructure such as wetlands and reefs, which provide many services and benefits to human communities. However, the relative scale of financial investments in different coastal sectors – that is, our global coastal investment portfolio – remains poorly understood. We identify some of the major sources of funding for coastal green and gray infrastructure globally, including international aid funds; US public and private funds for coastal conservation, restoration and management; and private …