Economic Implications of Fully-Protected Marine Reserves for Coral Reef Fisheries

Economic Implications of Fully-Protected Marine Reserves for Coral Reef Fisheries

Primary Country: multiple
Ecosystem: marine park
Sample Value Estimates: The major categories of benefits for fully-protected marine reserves are: fishery enhancement, bodiversity conservation, tourism & recreation, ecosystem services, education & research, non-market benefits. The major costs are: opportunity costs, i.e. loss of potential earnings from short term fishery revenues, revenues from other activities in region such as coral and shell extraction, industrial development involving shipping and waste disposal in protected area; direct costs including establishment, administration, employment and monitoring and enforcement; indirect costs such as complensation payments to those adversely affected by the decision to establish a reserve.
Region: multiple

Publication information

Rodwell, L.D. Roberts, C.M. “Economic Implications of Fully-Protected Marine Reserves for Coral Reef Fisheries” Collected Essays on the Economics of Coral Reefs. CORDIO, Kalmar University, Sweden. p. 107-124., 2000

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