The potential economic benefits of integrated and sustainable ocean observation systems: The Southeast Atlantic region

UNCW Author/Contributor (non-UNCW co-authors, if there are any, appear on document)
Dr.. Christopher F. Dumas, Professor of Economics (Creator)
Institution
The University of North Carolina Wilmington (UNCW )
Web Site: http://library.uncw.edu/

Abstract: The South East Atlantic Coastal Ocean Observing System (SEACOOS) collects, manages and disseminates coastal oceanic and atmospheric observation information along the Atlantic coast of the southeastern United States. This paper estimates the benefits of SEACOOS information in eleven benefit categories. Following a methodology used in similar studies of other U.S. coastal regions, we evaluate the impacts of conservative changes in economic activity in each sector. The annual economic benefit of SEACOOS information is $170 million (2003 $'s), an estimate that falls between annual benefits of $33 million for the Gulf of Maine region and $381 million for the Gulf of Mexico.

Additional Information

Publication
Dumas, C. F., & Whitehead, J. C. (2005). The potential economic benefits of integrated and sustainable ocean observation systems: The Southeast Atlantic region. Center for Natural Hazards Research. Retrieved from http://libres.uncg.edu/ir/uncw/f/dumasc2005-1.pdf
Language: English
Date: 2005
Keywords
Coastal ocean observing systems, Economic benefits
Subjects
Shipping--Economic aspects--Atlantic Coast (South Atlantic States)
Ocean travel--Economic aspects--Atlantic Coast (South Atlantic States)
Oil spills--Prevention--Economic aspects--Atlantic Coast (South Atlantic States)
Marine meteorology
Ocean-atmosphere interaction
SEACOOS

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