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Measurement Of The Market Data For The Ocean And Coastal Economy, Charles S. Colgan
Measurement Of The Market Data For The Ocean And Coastal Economy, Charles S. Colgan
Publications
This paper supplements reports and data released on the Coastal and Ocean Economies of the United States by the NOEP. It provides a discussion of the relevant literature involved in the investigation of the Ocean and Coastal related Economies, the theoretical background of measures such as gross domestic product (GDP) and gross state product (GSP), and provides details on sources, methods, assumptions, and limitations of the data provided by NOEP.
Those concerned with the health of coastal and ocean resources increasingly need to understand the socio-economic context in which changes are occurring. The market data of the National Ocean Economics …
Estimating The Economic Value Of The Ocean In A National Income Accounting Framework, Charles S. Colgan
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 …