Agricultural and Resource Economics Commons^™

Coming Stakes In The Ocean: Food Production, Shipping And Trade, Tourism, Ecosystem-Biodiversity, New Technologies And Climate Change Challenges In Bangladesh, Muhammad Abdur Rouf, Md. Moshiur Rahman, Sk Mustafizur Rahman, Md Nazmul Ahsan

Journal of Ocean and Coastal Economics

Blue economy is an emerging concept in all over the world where Bangladesh is not in exception. The blue economy of Bangladesh is subject to multiple interlinked activities. Among the major activities, food production, shipping and trade, tourism, ecosystem-biodiversity, new technologies and climate change challenges are the most promising sectors which are discussed in this chapter to project the present and future potential, constrains, ways to overcome in the context of the blue economy of Bangladesh following various published literatures. The review has revealed that Bangladesh has enormous resources which have great potential to uplift the existing economy, improving livelihoods, …

Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets

Journal of Ocean and Coastal Economics

Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity …

The Market Transfer Effect In The Hawaiian Longline Fishery: Why Correlation Does Not Imply Causation, Jason D. Scorse, Shaun Richards, Philip King

Journal of Ocean and Coastal Economics

A lot of discussion and controversy has surrounded whether the “market transfer” effect in the Hawaii longline swordfish fishery occurred during the swordfish closure of 2001-2004, because of its potential impacts on sea turtle mortality. The primary academic work in support of the market transfer effect during the closure is a paper by Rausser et al. (2009): “Unintended Consequences: The Spillover Effects of Common Property Regulations.” In this paper, the authors claim to find evidence in support of the market transfer hypothesis.To our knowledge, no analysis has yet been undertaken to assess whether this analysis is sound, and yet it …

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 …

Signed Peer Reviews As A Means To Improve Scholarly Publishing, Linwood H. Pendleton

Journal of Ocean and Coastal Economics

Peer review is a necessary process with a long history of complaints, including over-solicitation of a small number of reviewers, delays, inadequate numbers of reviewers, and a lack of incentives to provide strong reviews or avoid reviews with little helpful information for the author. In the era of Web-based distribution of research, through working paper or project reports, anonymous peer reviews are much less likely. The Journal of Ocean and Coastal Economics will use signed peer reviews and an open communication process among authors, reviewers, and editors. This approach, to be developed over time, should lead to stronger communication of …

Developing A Comparative Marine Socio-Economic Framework For The European Atlantic Area, Naomi S. Foley, Rebecca Corless, Marta Escapa, Frances Fahy, Javier Fernandez-Macho, Susana Gabriel, Pilar Gonzalez, Stephen Hynes, Regis Kalaydjian, Susana Moreira, Kieran Moylan, Arantza Murillas, Michael O'Brien, Katherine Simpson, Dugald Tinch

Journal of Ocean and Coastal Economics

Availability and easy access to a wide range of natural and human-activity data on the oceans and coastal regions of Europe is the basis for strategic decision-making on coastal and marine policy. Strategies within Europe’s Integrated Maritime Policy, including the Maritime Strategy for the Atlantic Area, Blue Growth, Maritime Spatial Planning and Marine Data and Knowledge, require coherent and comparable socio-economic data across European countries. Similarly, the Marine Strategy Framework Directive requires member states to carry out economic and social analysis of their waters and the reformed Common Fisheries Policy includes a social dimension requiring socio-economic data. However, the availability …

State Of The U.S. Ocean And Coastal Economies 2014, Judith T. Kildow, Charles S. Colgan, Jason D. Scorse, Pat Johnston, Matt Nichols

Publications

The nation's coasts and oceans contribute much to the United States economy. For the past 14 years, the National Ocean Economics Program (NOEP), now a program of the Center for the Blue Economy at the Monterey Institute of International Studies, has compiled time-series data that track economic activities, demographics, ports and cargo volume and value, natural resource production and value, non-market values, and federal expenditures in the U.S. coastal zone both on land and in the water. A report on the ocean and coastal economies of the United States was released by NOEP in 2009 covering data through 2005. The …

Coastal And Ocean Economic Summaries Of The Coastal States 2014, Pat Johnston

Publications

The following summaries of the ocean and coastal economies were prepared by the National Ocean Economics Program as a companion the State of the U.S. Ocean and Coastal Economies 2014. The U.S. report, its appendices, and these state summary reports are available on the NOEP website at www.OceanEconomics.org/download.

Valuation Of The Ecosystem Services Provided By Coastal Ecosystems In Shandong, China: Developing A Non- Market Valuation System, Jing Guo

Working Papers

Non-market valuation assesses the contributions of ecosystem services to human well-being by determining the preference of users. That is how much money users are willing to pay for ecosystem improvements or how much they are willing to accept for ecosystem losses. Through exploring these preferences, the natural capital can be accounted for economically and quantitatively. It can not only lead to better understanding of ecosystem benefits, but also make it possible to compare ecosystem services with other conventional goods and services (e.g. real estate) in monetary terms.

Shandong is a coastal province of China, which is located on the eastern …

Blue Growth In The Middle Kingdom: An Analysis Of China’S Ocean Economy, Rui Zhao, Stephen Hynes, Guang Shun He

Working Papers

This paper builds on the work carried out by OEAS in China, which established the framework of ocean economy accounting in China. It also demonstrates how it is possible to compile ocean economy data, from the existing government databases in China. The Chinese ocean economy was divided into two separate parts for the purpose of the analysis presented; the ocean industry and ocean-related industry. Data was collected for 12 major ocean industries. Using a similar methodology to that developed in previous international studies, it was found that the major ocean industries produced US$239.09 billion in value added output in 2010 …

Understanding The Ocean Economy Within Regional And National Contexts, Charles S. Colgan, Judith T. Kildow Dr

Presentations

• Extending discussion of the ocean economy beyond “How Big”

– Changes in the U.S. related to the Great Recession

– Decomposing changes to major types of change

– Finding relative sizes

• Exploring the expanding attention to the ocean economy in other parts of the world

– Likenesses and differences in:

• Definitions
• Measures
• Geographies
• Purposes

Where do we go from here?

2

Valuing Improvements To Coastal Waters Using Choice Experiments: An Application To Revisions Of The Eu Bathing Waters Directive, Stephen Hynes, Dugald Tinch, Nick Hanley

Working Papers

Planned changes to the European Union’s Bathing Waters Directive (2006/7 EC) will force member states to produce improvements in a number of parameters of coastal water quality. This study uses the choice experiment method to estimate the economic benefits attached to such improvements, based on a sample of recreationalists on beaches in Ireland. The analysis indicates that improvements in all of the bathing water related attributes studied result in positive willingness to pay, and also show evidence of scope effects. Using random parameters and latent class modelling techniques, potential heterogeneity in preferences is then investigated and shown to be present …

Ocean Governance: The New Zealand Dimension Full Report, Michael Vincent Mcginnis

Working Papers

The primary goal of this report is to provide interested members of the public and policymakers with a general overview and a description of the types of principles, planning tools, and policy instruments that can be used to strengthen and improve marine governance in New Zealand. As extractive uses (hydrocarbons and minerals, in particular) ramp up and others are explored and brought on line in the marine areas of New Zealand, the need will increase for a more integrative, ecosystem-based approach to marine governance.

This study is based on the following types of analysis:

• a review of the literature …

State Of The U.S. Ocean And Coastal Economies 2009, Judith T. Kildow, Charles S. Colgan, Jason D. Scorse

Publications

This nation’s coasts and oceans contribute much to the United States economy. For the past ten years, the National Ocean Economics Program (NOEP) has compiled time-series data that track economic activities,demographics, natural resource production, non-market values, and federal expenditures in the U.S. coastal zone both on land and in the water. On the website www.oceaneconomics.org, the public—government officials,academics, industry, and advocacy groups—have had interactive access to this information and used it widely for many different purposes. This report features highlights from this collection to heighten appreciation for the value of the ocean and this nation’s coasts among an even …

Phase Ii Florida’S Ocean And Coastal Economies Report, Judith T. Kildow Dr

Publications

Phase II of Florida’s Ocean and Coastal Economics Report was prepared for the Florida Oceans and Coastal Council and funded under contract #RM077 by the Florida Department of Environmental Protection. The Phase I report of Florida’s Ocean and Coastal Economies provided basic information that the NOEP compiles for all coastal states about employment, wages and output of those activities located geographically along Florida’s shoreline (Coastal Economy) as well as those activities directly dependent upon the oceans (Ocean Economy). That information not only described the status and trends of Florida’s Coastal and Ocean Economy but allowed comparison to economies in other …

California Ocean And Coastal Investment Study Final Report, Kildow

Publications

The National Ocean Economics Program (NOEP), in cooperation with the California Coastal Conservancy and the Ocean Protection Council (OPC), completed this study to provide an inventory of state expenditures for the coast and ocean for fiscal years 2005-06 (FY 2006) and 2006-07 (FY 2007). The purpose of the study is to understand where current public investments are being made and whether further investments need to occur to be consistent with the OPC Strategic Plan as well as those of various state programs.

The Economic Contribution Of Marine Science And Education Institutions In The Monterey Bay Crescent, Judith T. Kildow Dr, Nathaniel Miller

Publications

Ocean and coastal areas of the United States contribute significantly to our nation’s overall economy. The extent to which our economy benefits from the wide range of marine and coastal activities is not completely understood. The National Ocean Economics Program (NOEP) has attempted to track and value the ocean and coastal- related economic activities in the United States. To date six sectors are included in its information system (www.oceaneconomics.org). The economic contribution of marine research and education institutions is a sector of activity that lies outside of the normal federal government datasets, but one which seemed to have growing importance …

The Value Of Marine Institutions: An Economic Survey Of Marine Research And Education Institutions In Monterey And Santa Cruz Counties, Judith T. Kildow Dr, Nathaniel Miller

Publications

It is recognized that ocean and coastal areas of the United States contribute significantly to our nation’s overall economy. What is not completely understood is the extent to and manner in which our economy benefits from the wide range of marine and coastal activities. One area of the ocean economy that has not been collectively measured or examined is the contribution of marine research and education institutions. The goal of the project was to create a prototype strategy at a local level for collecting data at a national level, in order to create an economic sector of these institutions and …

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 …

Identifying Economic Indicators For Ecosystem-Based Management:, Scott Norris

Publications

In America and across the world, the use of ecosystem-based management is

increasing. One of the primary challenges faced in using this method of management is the integration of economic data and environmental information. This report explores the use of a new tool for integrating economic data, ecosystem-based economic indicators, in a case study of Elkhorn Slough National Estuarine Research Reserve, an estuarine environment located in Monterey County, CA. Research and literature reviews were used to detail the economic activities of the area, in order to identify possible indicators,criteria for evaluating the indicators, and potential sources of indicator data. After …

Hurricane Damage To The Ocean, Charles S. Colgan, Jefferey Adkins

Publications

In 2005, insured losses from hurricanes and other catastrophes were greater than in any other year in U.S. history. NOAA’s National Hurricane Center estimates that $85 billion of total damages resulted from Hurricanes Katrina and Rita alone. One year later, the region affected by these two hurricanes still struggles to recover, both as a place to live and as a viable economy. Using data from the BLS Quarterly Census of Employment and Wages, the National Ocean Economics Program has developed a data series that allows the economic damage to coastal regions to be seen in a new light: what happens …

Phase I Florida's Ocean And Coastal Economies Report, Judith T. Kildow Dr

Publications

This report was prepared for and funded by the Florida State Department of Environmental Protection with the encouragement of members from the Florida Ocean Alliance, Florida Oceans and Coastal Resources Council and other groups with deep interests in the future of Florida’s coast. It is a preliminary study of Florida’s Ocean and Coastal Economies based only on information currently found within the datasets of the National Ocean Economics Program (NOEP). It reflects only a portion of the value of Florida’s coastal-related economy and should not be considered comprehensive. A more customized study based on the unique coastal and ocean-dependent economic …

California’S Ocean Economy, Judith T. Kildow Dr, Charles S. Colgan

Publications

California’s Ocean Economy is the most expansive study of its kind in the nation and provides an update to the 1994 economic study conducted by the California Research Bureau and later released as part of the Resources Agency ocean strategy titled, California’s Ocean Resources: An Agenda for the Future. This report from the National Ocean Economics Program (NOEP) provides a more comprehensive understanding of the economic role of California’s ocean resources than has been available to date. It also provides California with strong evidence that its unique ocean and coastal resources are important to sustaining California’s economy. This information highlights …

Measurement Of The Ocean And Coastal Economy: Theory And Methods, Charles S. Colgan

Publications

This paper supplements reports and data released on the coastal and ocean economy of the United States by the National Ocean Economics Project. It provides a discussion of the relevant literature involved in the investigation of the ocean and coastal related economy, the theoretical background of measures such as gross domestic and gross state product, and provides details on sources, methods, assumptions, and limitations of the data provided by NOEP.

Developing Better Economic Information About Coastal Resources As A Tool For Integrated Coastal Management, Judith T. Kildow Dr, Brian Baird, Charles S. Colgan, Hauke Kite-Powell, Rodney Weiher

Publications

Measuring economic activity associated with the ocean through examination of the goods and services produced by specified industries and in coastal locations will provide answers to many of the most commonly asked questions about the ocean economy. But even this data will still be incomplete. Beyond are a variety of "non-market" values, which are needed to complete the picture. When someone goes to the beach in Florida or boats on Chesapeake Bay, there may be little that is directly purchased on that day. But the popularity of such activities is testament to their underlying value. Economists have developed a variety …

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 …