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Physical Sciences and Mathematics Commons™

Open Access. Powered by Scholars. Published by Universities.®

2015

Natural Resources Management and Policy

Journal of Ocean and Coastal Economics

Articles 1 - 7 of 7

Full-Text Articles in Physical Sciences and Mathematics

Using Future Benefits To Set Conservation Priorities For Wetlands, Samuel B. Merrill Oct 2015

Using Future Benefits To Set Conservation Priorities For Wetlands, Samuel B. Merrill

Journal of Ocean and Coastal Economics

In an era of rising sea levels, costal land managers including land trust representatives, municipal planners, and others contributing to decisions about whether to develop or protect coastal parcels do not have viable means of evaluating future values on wetlands that will be created when sea levels rise. This project develops and tests a software modeling approach to help address this issue, in combination with a novel, expert-opinion driven benefit-cost framework. The beta test used three parcels in Scarborough, Maine: Hampton Circle, Maine Audubon, and Pine Point. It used a group of experts to 1) allocate initial values to these …

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Artificial Reef Attributes And The Relationship With Natural Reefs: Evidence From The Florida Keys, William L. Huth, O. Ashton Morgan, Paul Hindsley Oct 2015

Artificial Reef Attributes And The Relationship With Natural Reefs: Evidence From The Florida Keys, William L. Huth, O. Ashton Morgan, Paul Hindsley

Journal of Ocean and Coastal Economics

Natural or coral reefs represent extremely valuable ecosystems supporting an estimated 25 percent of all marine life, yet recent reports suggest that 75 percent of the world’s natural reefs are under threat from both natural and human stressors. In areas such as the Florida Keys that boasts an expansive mix of natural and artificial reefs, recreational diving on the system provides an important economic contribution to the local community but also potentially contributes to the stress of the existing natural reef system. We develop a revealed and stated preference modeling framework of diver behavior and find that deployment of an …

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Economic Valuation Of Marine And Coastal Ecosystems: Is It Currently Fit For Purpose?, Nick Hanley, Stephen Hynes, David Patterson, Niels Jobstvogt Oct 2015

Economic Valuation Of Marine And Coastal Ecosystems: Is It Currently Fit For Purpose?, Nick Hanley, Stephen Hynes, David Patterson, Niels Jobstvogt

Journal of Ocean and Coastal Economics

In this paper, we consider whether the current “state of the art” of environmental valuation is suitable for producing policy-relevant estimates of the benefits or costs of changes in marine and coastal ecosystems. We review recent changes in European legislation which has meant an increasing demand for economic valuation from the policy and regulatory community. The next section considers, at a more conceptual level, whether the economic “toolbox” and scientific evidence is up to the task of meeting the demand for more evidence-based policy. Finally, three case studies are used to explore the nature of the valuation task and review …

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Signed Peer Reviews As A Means To Improve Scholarly Publishing, Linwood H. Pendleton Mar 2015

Signed Peer Reviews As A Means To Improve Scholarly Publishing, Linwood H. Pendleton

Journal of Ocean and Coastal Economics

Peer review is a necessary process with a long history of complaints, including over-solicitation of a small number of reviewers, delays, inadequate numbers of reviewers, and a lack of incentives to provide strong reviews or avoid reviews with little helpful information for the author. In the era of Web-based distribution of research, through working paper or project reports, anonymous peer reviews are much less likely. The Journal of Ocean and Coastal Economics will use signed peer reviews and an open communication process among authors, reviewers, and editors. This approach, to be developed over time, should lead to stronger communication of …

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The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas Feb 2015

The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas

Journal of Ocean and Coastal Economics

At the federal level, particularly within the National Oceanic and Atmospheric Administration (NOAA), regulatory and programmatic needs have driven the continued development and application of non-market valuation approaches to marine and coastal resources. The evolution of these valuation approaches not only entails adopting the recommendations of the 1993 NOAA blue ribbon panel on contingent valuation, but also an expansion of stated preference approaches with increased use of stated preference choice experiments. Revealed preference approaches have also advanced with more sophisticated random utility models. We provide an overview of this evolution in the areas of natural resources damage assessment, protected resources, …

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Developing A Comparative Marine Socio-Economic Framework For The European Atlantic Area, Naomi S. Foley, Rebecca Corless, Marta Escapa, Frances Fahy, Javier Fernandez-Macho, Susana Gabriel, Pilar Gonzalez, Stephen Hynes, Regis Kalaydjian, Susana Moreira, Kieran Moylan, Arantza Murillas, Michael O'Brien, Katherine Simpson, Dugald Tinch Feb 2015

Developing A Comparative Marine Socio-Economic Framework For The European Atlantic Area, Naomi S. Foley, Rebecca Corless, Marta Escapa, Frances Fahy, Javier Fernandez-Macho, Susana Gabriel, Pilar Gonzalez, Stephen Hynes, Regis Kalaydjian, Susana Moreira, Kieran Moylan, Arantza Murillas, Michael O'Brien, Katherine Simpson, Dugald Tinch

Journal of Ocean and Coastal Economics

Availability and easy access to a wide range of natural and human-activity data on the oceans and coastal regions of Europe is the basis for strategic decision-making on coastal and marine policy. Strategies within Europe’s Integrated Maritime Policy, including the Maritime Strategy for the Atlantic Area, Blue Growth, Maritime Spatial Planning and Marine Data and Knowledge, require coherent and comparable socio-economic data across European countries. Similarly, the Marine Strategy Framework Directive requires member states to carry out economic and social analysis of their waters and the reformed Common Fisheries Policy includes a social dimension requiring socio-economic data. However, the availability …

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What Have We Learned From The Deepwater Horizon Disaster? An Economist’S Perspective, Daniel R. Petrolia Feb 2015

What Have We Learned From The Deepwater Horizon Disaster? An Economist’S Perspective, Daniel R. Petrolia

Journal of Ocean and Coastal Economics

This paper outlines what we have learned about the impacts of the Deepwater Horizon (DWH) oil disaster from the economics discipline as well as what effect the DWH disaster has had on the economics discipline. It appears that what we know about the economic impact of the DWH spill today is limited, possibly because such analysis is tied up in the federal Natural Resource Damage Assessment (NRDA) process and other state-led efforts. There is evidence, however, that the NRDA process has changed over time to de-emphasize economic valuation of damages. There is also evidence that economists may be producing fewer …

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