Natural Resource Economics Commons^™

Climate Change Adaptation Case Study: Benefit-Cost Analysis Of Coastal Flooding Hazard Mitigation, Will Cooper, Federico Garcia, Diana Pape, David Ryder, Ben Witherell

Journal of Ocean and Coastal Economics

The damage Hurricane Sandy caused had far-reaching repercussions up and down the East Coast of the United States. Vast coastal flooding accompanied the storm, inundating homes, businesses, and utility and emergency facilities. Since the storm, projects to mitigate similar future floods have been scrutinized. Such projects not only need to keep out floodwaters but also be designed to withstand the effect that climate change might have on rising sea levels and increased flood risk.

In this study, we develop an economic model to assess the costs and benefits of a berm (sea wall) to mitigate the effects of flooding from …

The Economic Value Of Forest Park Ecosystem Services: Results Of Five Focus Groups Conducted In Spring 2016, Randall A. Bluffstone, Pablo Barreyro, Jenny Dempsey Stein, Cody Kent, Antonia Machado

Economics Faculty Publications and Presentations

Objective: This initial phase of research lays the foundation for a survey using contingent valuation (CV) and choice experiment (CE) methods. We asked select Portland residents what they care about most in Forest Park, their willingness to pay (WTP) for improving ecosystem services and how they generally think about the value of those goods and services. These results will help us narrow the experimental design of the forthcoming CV/CE study.

Approach: We conducted a focus group in each of Portland’s 5 “quadrants.” We chose each location - Skyline, St. John’s, Cully, Foster-Powell and Hillsdale - based on either its proximity …

Water, Growth And The Endangered Species Act, Holly Doremus

Holly Doremus

24 pages.

Water, Growth And The Endangered Species Act, Holly Doremus

Holly Doremus

24 pages.

Water, Growth And The Endangered Species Act, Holly Doremus

Holly Doremus

24 pages.

Measurement Of The Ocean Economy From National Income Accounts To The Sustainable Blue Economy, Charles S. Colgan

Journal of Ocean and Coastal Economics

The widespread efforts to incorporate the economic values of oceans into national income accounts have reached a stage where coordination of national efforts is desirable. A symposium held in 2015 began this process by bringing together representatives from ten countries. The symposium concluded that a definition of core ocean industries was possible but beyond that core the definition of ocean industries is in flux. Better coordination of ocean income accounts will require addressing issues of aggregation, geography, partial ocean industries, confidential, and imputation is also needed. Beyond the standard national income accounts, a need to incorporate environmental resource and ecosystem …

From The Orderly World Of Frameworks To The Messy World Of Data: Canada’S Experience Measuring The Economic Contribution Of Maritime Industries, Alejandro De Maio, Christine Irwin

Journal of Ocean and Coastal Economics

This paper extends the frameworks developed by Park and Kildow (2014) to explore the use of supply chains to classify and organize ocean industries. Canada’s experience with measuring the economic contribution of ocean related sectors is discussed; with particular emphasis on illustrating the supply chain approach and of highlighting the multiple practical challenges that arise in defining and measuring the ocean economy. The overall conclusion is that Canada has succeeded in developing a methodological framework that allows it to report, on an annual basis high level estimates of gross domestic product, employment and labour income generated directly and indirectly by …

The New Blue Economy: The Future Of Sustainability, Mark J. Spalding

Journal of Ocean and Coastal Economics

The world’s ocean is the world’s life support. Many human activities have defined a negative relationship with the ocean. Simply put: we dump too much bad stuff in, and we take too much good stuff out. The traditional ocean economy—those ocean-based and ocean-related activities from which humans derive economic benefit— did not acknowledge or honor the ocean’s natural services, nor its finite capacity to take human abuse without undermining those services on which we depend. The “new blue economy” is the term of art for identifying those activities that improve the human relationship with the ocean and for aligning our …

Economic Assessment Of Oceans For Sustainable Blue Economy Development, Maria Corazon M. Ebarvia

Journal of Ocean and Coastal Economics

This paper presents the common approach on blue economy assessment adopted by selected countries in the East Asian Seas region, and results of initial assessment studies. There are many discourses on the definition and scope of blue economy as the ocean space is evolving, driven by innovations, shifting demands, and pressures from changing environment and climate. The ocean economy contributes to the GDP of the EAS countries in varying degrees: 3 % in RO Korea, 4.5 % in the Philippines, 9 % in China, and 13 % in Indonesia. In addition to the ocean economic activities, the ocean also generates …

Accounting For The Ocean Economy Using The System Of National Accounts, Raymundo J. Talento

Journal of Ocean and Coastal Economics

The increasing importance to measure the ocean economy cannot be discounted. A number of countries attempted to measure the ocean economy based on their needs and perceptions. At this point, however, there is no agreed scope and coverage of the ocean economy nor is there an agreed operational definition of the variables needed for its measurement. Moreover, there is no internationally endorsed framework that will guide and lead to comparable estimates across countries or regions.

Utilizing the 2008 System of National Accounts (SNA) as a framework, this paper endeavors to estimate the contribution of the ocean economy in the Philippines …

A Statistical Assessment Of Maritime Socioeconomic Indicators For The European Atlantic Area, Javier Fernandez-Macho

Journal of Ocean and Coastal Economics

Ever since the introduction into marine and maritime policy strategies worldwide of the relatively new concept of Blue Growth there has been an increasing interest in developing integrated systems of indicators for the maritime economy.

The Marnet project has been a recent attempt to develop a comparative maritime socioeconomic framework for the European Atlantic area and its database contains a large number of socioeconomic indicators for many maritime activities at different territorial levels that provide the information needed to help analyze and compare the maritime economy of the European Atlantic regions.

However, there are still many gaps with respect to …

The Role Of Economics In Ecosystem Based Management: The Case Of The Eu Marine Strategy Framework Directive; First Lessons Learnt And Way Forward., Soile Oinonen, Tobias Börger, Stephen Hynes, Ann Katrin Buchs, Anna-Stiina Heiskanen, Kari Hyytiäinen, Tiziana Luisetti, Rob Van Der Veeren

Journal of Ocean and Coastal Economics

The EU Marine Strategy Framework Directive (MSFD) sets out a plan of action relating to marine environmental policy and in particular to achieving ‘good environmental status’ (GES) in European marine waters by 2020. Article 8.1 (c) of the Directive calls for ‘an economic and social analysis of the use of those waters and of the cost of degradation of the marine environment’. The MSFD is ‘informed’ by the Ecosystem Approach to management, with GES interpreted in terms of ecosystem functioning and services provision. Implementation of the Ecosystem Approach is expected to be by adaptive management policy and practice. The initial …

Maritime Accounts In The European Union: Coping With Limited Information, Regis Kalaydjian

Journal of Ocean and Coastal Economics

The European Commission's effort to define the scope and components of the maritime economy was initially motivated by the "Integrated Maritime Policy" (2007). This policy package, principally based on coastal environment protection, maritime safety and security, and the European marine observation and data network, also included the development of an EU-wide economic and social database on maritime activities. The IMP database (2009) used experience from EU member states in terms of maritime database development, and conversely was an opportunity to update national contributions.

Later, two other packages contributed to broadening EC's approach. 1) The "Marine Strategy Framework Directive" (2008) was …

Introduction To Special Edition: The Oceans And National Income Accounts: An International Perspective, Charles S. Colgan

Journal of Ocean and Coastal Economics

Introduction to articles in the special edition.

The Real Footprint Of Electric Vehicles, And What That Could Mean For Our Future, Krista Brown

Journal of Environmental and Resource Economics at Colby

This paper looks at the impact of electric vehicles on CO2 emissions specifically based on the type of electricity used in each New England state analyzed. The research looks at the question of whether or not emissions will in fact be lowered as electric cars start to take the majority of vehicles used instead of the conventional cars that take up a much larger percent of the motor vehicles used today. Taking into account the use of electricity and how many sources of electricity also release a substantial amount of emissions, we see how valid the public opinion of electric …

The Effect Of The Deer Population On The Number Of Car Accidents, Timothy J. Hallock Jr

Journal of Environmental and Resource Economics at Colby

This paper examines the relationship between the deer population and the number of car accidents in New York State from 2002-2012. Data collected includes information on the amount of deer hunted, the number of car accidents, and the number of hunting permits issued. This paper also involves a county level analysis within New York State of 56 counties from 2007 - 2012. An important part of analysis of this paper is the examination of the Buck population vs. the Doe population on the number of car accidents. This is an important study because of its possible policy implications regarding the …

The Effect Of Information On Avoidance Behavior And Bicycle Transportation: A Study Of “Spare The Air” And Bay Area Bikeshare, Paige W. Whistler

Journal of Environmental and Resource Economics at Colby

This paper seeks to address the effect of “Spare the Air” pollution control alerts in the San Francisco Bay Area in California on the use of Bay Area BikeShare as a form of transportation. By observing the daily alerts on the duration of rides using BikeShare, this paper observes if STA ozone alerts are effective in changing human behavior. The results show that only as a subscriber to the BikeShare program and on an alert day does duration decrease whereas customers regardless of if it is an alert day will ride more often and at longer distances. The results contradict …

Socioeconomic Attributes’ Relationship To Green Commercial Office Buildings, Tianyang Zhou

Journal of Environmental and Resource Economics at Colby

This paper examines the relationship between the socioeconomic attributes of a state and its green commercial office space adaptation. I hypothesize that a state with high socioeconomic status will have a high green building adoption. Additionally, the high socioeconomic status states may be more likely to invest in green commercial buildings with higher LEED certification levels, and various types of LEED commericial office projects are affected by the socoeconomic attributes differently.

Who Cares About The Environment? A Study Of Environmental Behavior In Maine, Chandler L. Blake

Journal of Environmental and Resource Economics at Colby

Identifying and targeting environmentally minded people is crucial to making any environmental campaign successful. It allows you to advertise to the people who will be the most helpful and supportive to your cause. The goal of this study is to identify the general demographics of environmentally minded people. To do this I examine voting data through each county in Maine and run a regression to test whether income, education level, and household size have any correlation to how the county votes on environmental issues. I found that the higher a county’s income, the more environmentally friendly their voting. I also …

Analyzing Consumers’ Willingness To Pay For Eco-Labeled Seafood Products In Coastal And Inland Maine Counties, Gaby E. Carpenter

Journal of Environmental and Resource Economics at Colby

Around the world, green labels are used for a wide range of food products, both in grocery stores and restaurants. Often, the price for these labeled products is higher due to higher production costs associated with the goods. This leads to demand for these goods in the market and consumers that are willing to pay. Here, I will examine the willingness to pay for three different eco-labeled seafood dishes at a Maine restaurant using a consumer choice experiment survey. I will use this survey to conduct a benefits transfer analysis to approximate the willingness to pay of consumers in each …

Do Peers Get Punished: Stock Market Effect Of Bp Oil Spill On Peers, Yuga Koda

Journal of Environmental and Resource Economics at Colby

This paper examines the stock market reaction to the British Petroleum oil spill on April 20, 2010. This event study looks at different sectors that may be affected by the oil spill. It finds that different industries do not have significant abnormal returns, with two exceptions. First, utilities companies have a very small positive abnormal return for a short period of time after the incident. Second, when only looking at BP's direct competitors, there is a statistically significant negative abnormal return, implying that BP's competitors are punished for BP's mishap.

Media Effects On Solar Panel Installations Across 20 States, Casey Romeo

Journal of Environmental and Resource Economics at Colby

This paper looks at the relationship between media coverage of solar power and the solar panel installation at a state level. Specifically, it aims to find if more newspaper articles cause more households to adopt solar energy. Use data from 20 states from 2009 to 2014. I find that there is a modest, yet positive and statistically significant relationship between newspaper articles and installations, which suggests that the media does influence the decision to install solar panels. There is possible endogeneity between these two variables. Disentangling this endogeneity is beyond the scope of this research and would be a topic …

Renewable Energy Consumption: Initiatives In Colorado And Washington, Robin K. Doroff

Journal of Environmental and Resource Economics at Colby

This paper examines the use of policy mechanisms to increase renewable energy consumption within the United States. In order to effectively measure the change of renewable energy consumption, I analyze two initiatives that promote energy consumption from renewable sources and overall increases in energy conservation. Colorado and Washington had approved initiatives in the years 2004 and 2006, respectively. Although the results are not entirely statistically significant, I find that the initiatives lead to increases in total renewable energy consumption and decreases in total energy use.

Stock Market Reactions To The Iarc Announcement Linking Red Meat And Processed Meat To Cancer, Scott B. Lehman

Journal of Environmental and Resource Economics at Colby

This study investigates how food companies were affected by the International Agency for Research on Cancer’s report that linked processed meat and red meat consumption to increased risk of cancer. The results indicate that neither fast food companies nor meat producers were greatly affected by the announcement in the days immediately following the release.

Property Value Changes From Public Transportation: How The Greenbush Commuter Line Affected Property Values, Sarah C. Evans

Journal of Environmental and Resource Economics at Colby

Prior studies have investigated the impact on property values to the proximity of established public transportation stations. Public transportation is thought to increase value of towns and properties, giving residents more options for transportation to and around the city. Both benefits and consequences of public transportation exist, allowing for either a raise or lower of property values in towns with stops. This paper analyzes the Greenbush Commuter line in Massachusetts, seeing if the proximity to the stops has an affect on the property of values in the towns. A difference – in – difference model is used to investigate a …

The Effectiveness Of The Colby College Electricity Competition On Promoting Electricity Conservation To Students, Jeff Vaz

Journal of Environmental and Resource Economics at Colby

This paper examines the effectiveness of the Colby College electricity reduction competition in altering students’ behavior to conserve electricity. The Colby College electricity reduction competition is an information-based policy that Colby implemented to promote the conservation of electricity, which are a major contributor to greenhouse gas (GHG) emissions in the United States. The study analyzes if different residence halls reduce electricity consumption by different amounts during the competition period. Results indicate that only 4 of 22 residence halls reduced electricity usage during competition periods in a statistically significant manner. The study concludes that the electricity competition at Colby College is …

Invited Introduction To Jerec, Matthew Kotchen

Journal of Environmental and Resource Economics at Colby

No abstract provided.

Welcome By The Editor, Nathan W. Chan

Journal of Environmental and Resource Economics at Colby

No abstract provided.

Why Law Now Needs To Control Rather Than Follow Neo-Classical Economics, John William Draper

Librarian Scholarship at Penn Law

Selfish utilitarianism, neo-classical economics, the directive of short-term income maximization, and the decision tool of cost-benefit analysis fail to protect our species from the significant risks of too much consumption, pollution, or population. For a longer-term survival, humanity needs to employ more than cost-justified precaution.

This article argues that, at the global level, and by extension at all levels of government, we need to replace neo-classical economics with filters for safety and feasibility to regulate against significant risk. For significant risks, especially those that are irreversible, we need decision tools that will protect humanity at all scales. This article describes …

Nemo's Plight: Political Economy, Green-Cultural Criminology, And Fish Abuse, Jordan Edward Mazurek

Online Theses and Dissertations

Using the Marine Aquarium Fish Trade as a case study, I propose an integrated theoretical framework in green criminology that strengthens the political economic "treadmill of production" theory (see Lynch et al., 2013) by incorporating an analysis of the "cultural grease" that ensures the treadmill’s smooth operation. Choosing fish as a subject matter, though, requires challenging the "thoroughgoing speciesism" (Beirne, 1999) inherent in the mammalian-centric animal abuse literature. To do this I draw from research in marine biology and animal cognition to philosophically establish that fish are moral agents, "subjects-of-a-life" (Regan, 1983) on par with mammals and thus worthy of …