The Sarasota Bay Economic Valuation Project: Phase II

The Sarasota Bay Economic Valuation Project: Phase II

Primary Country: United States
Ecosystem: estuary / lagoon / intertidal zone
Sample Value Estimates:
(a) $731 million in earnings and creation of approx. 21,000 jobs as annual economic impact generated by Sarasota Bay-related visitor spending (b) $1.94 billion or 4% of region's gross regional product as Bay-related activity that creates an impact on the regional economy (c) $184 million in additional tax revenues generated by the Bay-related activity (d) $487 million as aggregated economic value of recreation trips, excluding several types of recreation, e.g. sailing (e) $58 billion as regional value of Sarastoa Bay resources and access (f) $11.8 billion as value to Sarasota and Manatee County households for same Sarasota Bay resources and access.
Methodology: Willingness to Pay, Direct and Indirect Spending
Region: Americas

Publication information

Hindsley, P.R. O.A. Morgan “The Sarasota Bay Economic Valuation Project: Phase II” Sarasota Bay Estuary Project, 158 pp., 2014

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