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The importance of estimating the contribution of the oceans to national economies

Journal Article


Abstract


  • The oceans are in trouble. Poorly understood and unprecedented environmental and economic changes

    are underway in our world’s oceans that will significantly affect life in the sea as well as on land. Only in

    the last thirty years has the contribution of the ocean sector to the economy been measured. An

    examination of these studies has exposed definitional, conceptual and methodological differences in

    measuring marine-related economic activity in the economy, making comparisons difficult. Both the

    ocean and the coastal economies face a world of volatile changes. In the ocean economy marine

    transport faces unpredictable fuel costs. Coastal tourism also faces losses from climate change impacts

    and sea level rise. Finally, a warming ocean and increasing acidification of the oceans from greenhouse

    gases is already affecting coral reefs and a range of fish stocks. Economic measures are important to

    predict these impacts, as are economic measures of the resilience of different areas of the ocean and

    coastal economies. This article demonstrates how knowledge of both the ocean, coastal and national

    economies can help governments address the future impacts and demands posed by nature and human

    populations on our coasts and oceans.

Publication Date


  • 2010

Citation


  • Kildow, J. & McIlgorm, A. (2010). The importance of estimating the contribution of the oceans to national economies. Marine Policy, 34 (3), 367-374.

Scopus Eid


  • 2-s2.0-76449118289

Ro Metadata Url


  • http://ro.uow.edu.au/lawpapers/697

Has Global Citation Frequency


Number Of Pages


  • 7

Start Page


  • 367

End Page


  • 374

Volume


  • 34

Issue


  • 3

Abstract


  • The oceans are in trouble. Poorly understood and unprecedented environmental and economic changes

    are underway in our world’s oceans that will significantly affect life in the sea as well as on land. Only in

    the last thirty years has the contribution of the ocean sector to the economy been measured. An

    examination of these studies has exposed definitional, conceptual and methodological differences in

    measuring marine-related economic activity in the economy, making comparisons difficult. Both the

    ocean and the coastal economies face a world of volatile changes. In the ocean economy marine

    transport faces unpredictable fuel costs. Coastal tourism also faces losses from climate change impacts

    and sea level rise. Finally, a warming ocean and increasing acidification of the oceans from greenhouse

    gases is already affecting coral reefs and a range of fish stocks. Economic measures are important to

    predict these impacts, as are economic measures of the resilience of different areas of the ocean and

    coastal economies. This article demonstrates how knowledge of both the ocean, coastal and national

    economies can help governments address the future impacts and demands posed by nature and human

    populations on our coasts and oceans.

Publication Date


  • 2010

Citation


  • Kildow, J. & McIlgorm, A. (2010). The importance of estimating the contribution of the oceans to national economies. Marine Policy, 34 (3), 367-374.

Scopus Eid


  • 2-s2.0-76449118289

Ro Metadata Url


  • http://ro.uow.edu.au/lawpapers/697

Has Global Citation Frequency


Number Of Pages


  • 7

Start Page


  • 367

End Page


  • 374

Volume


  • 34

Issue


  • 3