Woods Hole Oceanographic Institution

Porter Hoagland

»Allocation of ocean space
»Aquaculture access system
»Aquatic nuisance species
»Archaeological Significance
»Deepsea fisheries
»Fisheries bycatch
»Harmful algal blooms (2)
»Harmful algal blooms (1)
»Land-based marine pollution
»Large marine ecosystems
»Linking economic and ecological models
»Marine protected areas
»Ocean Waste Disposal
»Ocean Wind Power
»Regional Governance
»Seabed Mining
»Seamount conservation
»UCR Management in Asia
»Whaling and ecotourism

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.

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