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| | Economics of the Ocean Environment | | | | Economics provides a framework for the assessment of the impacts of human behaviors that affect ocean resources. Many different important human activities from harvesting fish in commercial and recreational activities, production of raw materials, transporting goods via merchant marine vessels, to providing habitat for endangered and threatened marine species generate values that are dependent on the health and vitality of marine resources and the ocean environment. Many different social and natural sciences are involved in understanding human and living marine resource interactions. The role economics plays in understanding the ocean environment is its ability to integrate these separate research activities into a single assessment that is greater than its individual parts. Changes in market conditions, biological abundances, and resource availability that affect resource demand or the productivity of a renewable or nonrenewable resource base can be clearly understood through this integrated framework. Most importantly, how these changes affect the ocean environment and the industries, communities, and habitats dependent upon it can be understood over time. | | | | Collaborators are sought for this Topic. If you are interested, please click on Become a joint editor. | | | | |
 | | | | | | | Title | The Value of the Ocean Sector to the Economy of Prince Edward Island
( WEBSITE )
| | Description | The Value of the Ocean Sector to the Economy of Prince Edward Island is the first comprehensive report on the value of ocean-related activities to the Island economy. The ocean sector includes everything from fish and aquaculture harvesting and processing, to boat and shipbuilding, ocean-related tourism, transportation and research. The study, which was based on data from the years 1997-1999, pegged the direct impact of the ocean sector in Prince Edward Island at $247 million a year or 10 per cent of the gross domestic product (GDP). When indirect impacts and spinoffs are taken into account, the total impact of the ocean sector in Prince Edward Island is $421 million or 17 per cent of the province's GDP. | | Keywords | VALUE OCEAN-RELATED ECONOMICS | | Geography Keywords | PRINCE EDWARD ISLAND; CANADA | | Content Language(s) | French; English | | Web Address (URL) | http://www.gov.pe.ca/inf ... ber=67662 | |
| Type of Website | Institutional website | | Contact | | | Email | dsyounker@gov.pe.ca | |
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