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The Potential Economic Benefits of Coastal Ocean Observing Systems: The Southeast Atlantic Region 

Authors: Christopher F. Dumas a; John C. Whitehead b
Affiliations:   a Department of Economics and Finance, University of North Carolina Wilmington, Wilmington, North Carolina, USA
b Department of Economics, Appalachian State University, Boone, North Carolina, USA
DOI: 10.1080/08920750701861007
Publication Frequency: 6 issues per year
Published in: journal Coastal Management, Volume 36, Issue 2 March 2008 , pages 146 - 164
First Published on: 01 March 2008
Formats available: HTML (English) : PDF (English)
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Abstract

The Southeast 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 article 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 benefit category. The annual economic benefit of SEACOOS information is $170 million (2003 $), an estimate that falls between annual benefits of $33 million for the Gulf of Maine region and $381 million for the Gulf of Mexico.
Keywords: coastal ocean observing systems; economic benefits
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