Measuring the economic impacts of sea-level rise on marine recreational shore fishing in North Carolina

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: In this study we develop estimates of the economic effects of climate change-induced sea level rise on marine recreational shore fishing in North Carolina. We estimate the relationship between angler behavior and spatial differences in beach width using Marine Recreation Fishing Statistics Survey and geospatial data. We exploit this relationship by simulating the effects of sea level rise on beach width and beach width on angler behavior. We find that impacts on anglers’ economic welfare are potentially substantial, ranging up to a present value of $1.29 billion over 75 years, using conservative estimates of fishing participation growth and a 2% discount rate. In addition, the present value of lost business sales, labor income, capital income, and state and local tax revenue in coastal North Carolina due to reduced angler spending amount to $828 million, $307 million, $130 million, and $63 million, respectively, resulting in the loss of over 500 jobs.

Additional Information

Publication
Whitehead, J. C., & Dumas, C. (2008). Measuring the economic impacts of sea-level rise on marine recreational shore fishing in North Carolina. Center for Natural Hazards Research. Retrieved from http://www.ecu.edu/cs-cas/hazards/upload/Whitehead_Dumas.pdf
Language: English
Date: 2008
Keywords
Marine recreational fishing, Travel cost method, Climate change, Sea level rise
Subjects
Climatic changes
Sea level
Fishing--North Carolina
Saltwater fishing--North Carolina
Travel costs
Travel--Economic aspects--North Carolina

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TitleLocation & LinkType of Relationship
Center for Natural Hazards Research Working Papershttp://www.ecu.edu/cs-cas/hazards/papers.cfm#CP_JUMP_87315The described resource is a physical or logical part of the related resource.
TitleLocation & LinkType of Relationship
Measuring the economic impacts of sea-level rise on marine recreational shore fishing in North Carolinahttp://www.ecu.edu/cs-cas/hazards/upload/Whitehead_Dumas.pdfThe described resource is a version, edition, or adaptation of the related resource.
TitleLocation & LinkType of Relationship
Measuring the economic effects of sea level rise on shore fishinghttp://link.springer.com/article/10.1007/s11027-009-9198-1The described resource has a version, edition, or adaptation of the related resource.