|Hoagland, P., D. Jin, E. Thunberg and S. Steinback, Economic activity associated with the northeast shelf large marine ecosystem , In T.M. Hennessey and J.G. Sutinen, eds., Sustaining Large Marine Ecosystems: The Human Dimension. Large Marine Ecosystem Series Vol. 13. Oxford, U.K.: Elsevier Science B.V., pp. 159-181., 2004|
The industries linked to the uses of a large marine ecosystem (LME) have a substantial influence on contiguous coastal economies. We estimate the economic activity of U.S. marine sectors associated with the northeast shelf LME. Our best upper bound estimate of total output impact is $376 billion, including a total value-added impact of $232 billion. Total employment impacts are estimated on the order of 4 million persons. The estimate of total value-added impact is approximately 10% of the $2.2 trillion total gross state product for the region. In the future, critical interactions between industrial sectors and the ecological health of the northeast shelf will affect economic activity in opposing ways.