Science and Technology Studies Commons^™

Estimating The Economic Value Of The Ocean In A National Income Accounting Framework, Charles S. Colgan

Publications

A key part of the effort to estimate the economic value of the ocean is to develop estimates of the appropriate values of the goods and services traded in the market economy. Such estimates should include the output of industries associated with the ocean, as well as other measures of economic activity, including income generated, employment, the number of firms, etc. Providing the information that permits seeing the economy of the ocean within the context of other economic activity requires preparing estimates that are consistent with the National Income and Product

Accounts (NIPA). The key component is Gross Product Originating …