Physical Sciences and Mathematics Commons^™

Ocean Economy Valuation Studies In The Asia-Pacific Region: Lessons For The Future International Use Of National Accounts In The Blue Economy, Alistair Mcilgorm

Journal of Ocean and Coastal Economics

There have been several projects that have addressed the challenges of measuring the ocean economy in the Asia-Pacific region. The paper examines some lessons from these projects and the implications for the future use of national accounts.

Following the Asia Pacific Economic Cooperation (APEC) Bali declaration, the APEC Marine Resource Conservation Working group’s “Measuring the Marine economy” project promoted consistent measurement of the marine economy across the 21 APEC economies against a list of agreed marine industry categories which was developed by an APEC workshop on Easter Island in 2004.

In 2008-09 a Partnership for the Environmental Management of the …

Preferences For Coral Reef And Fishery Management In Okinawa, Japan, Nils Carlson

Journal of Environmental and Resource Economics at Colby

This study is an example of how a nonmarket valuation method – a choice experiment – can be used to influence and guide ecosystem conservation efforts. Using a choice experiment survey, this study estimates the willingness to pay (WTP) for certain hypothetical attributes of a restored and conserved coral reef in Okinawa, Japan. I find that an increase in the amount of fish available to catch in ten years as well as an increase in the extent and health of the coral reefs and the number of marine biodiversity found in the Okinawan waters after ten-years, both positively affect respondent’s …

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 …