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Arctic Economics Workshop, Dr. Judith T. Kildow, Michael Goldstein Jun 2017

Arctic Economics Workshop, Dr. Judith T. Kildow, Michael Goldstein

Working Papers

About this Report

This report serves as the official Summary final report to participants and the public, from the Arctic Economics Workshop, sponsored by the National Science Foundation grant issued July 2017. It is a summary of participant remarks, ideas, and suggestions from the workshop. It will also be included as an addendum to our official reports to the National Science Foundation to be issued Spring, 2018. After the initial section on background and introduction, the remaining report highlights the three keynote presentations and the introductory presentation by the hosts who presented the research undertaken for the Workshop. The discussions …


Northeast Ocean Planning Baseline Assessment: Marine Resources, Infrastructure, And Economics, Hauke Kite-Powell, Charles Colgan, Porter Hoagland, Di Jin, Vinton Valentine, Brooke Wikgren Sep 2016

Northeast Ocean Planning Baseline Assessment: Marine Resources, Infrastructure, And Economics, Hauke Kite-Powell, Charles Colgan, Porter Hoagland, Di Jin, Vinton Valentine, Brooke Wikgren

Publications

This document summarizes the status of coastal and marine resources in the Northeast region of the United States, and how these resources generate economic and ecological value. The Northeast region, for ocean planning purposes, includes the coastal counties of Maine, New Hampshire, Massachusetts, Rhode Island, and Connecticut, and the New York counties (bordering Long Island Sound) of Queens, Bronx, Suffolk, Nassau, and Westchester. The coastal and marine natural resources and coastal infrastructure of the Northeast, and the economic activities and cultural/recreational services that rely them, directly and indirectly support more than 500,000 jobs and $40 billion in economic value (GDP) …


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 …


The Political Economy Of Oil Spill Damage Assessment: Nrda And Deepwater Horizon, Matt Nichols, Judith T. Kildow Dr Aug 2014

The Political Economy Of Oil Spill Damage Assessment: Nrda And Deepwater Horizon, Matt Nichols, Judith T. Kildow Dr

Working Papers

The federal effort to quantify and capture non-market damages to coastal ecosystems from the 2010 Deepwater Horizon oil spill, Phase II of United States of America v. BP Exploration and Production, centers on the Natural Resource Damage Assessment (NRDA) process. This paper makes the case that the current NRDA process has done a poor job protecting the public interest and resolving the issues surrounding oil spills from deep water drilling activities. After 5 years, the findings of the NRDA still remain sealed from both affected maritime communities and academic researchers until litigation is settled with civil and criminal fines …