Estimating the Economic Benefits of Regional Ocean Observing Systems

Estimating the Economic Benefits of Regional Ocean Observing Systems

Primary Country: United States
Ecosystem: open water
Sample Value Estimates:
for US ocean observing systems
  1. $223.3 million - $236.5 million: total social surplus estimates
  2. $596.5 million - $684.4 million: total other value estimates
Region: Americas
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Kite-Powell, Hauke Colgan, CharlesWeiher, Rodney “Estimating the Economic Benefits of Regional Ocean Observing Systems” Coastal Management, 2008

Addtional Notes

findings suggest "that annual benefits to users from the deployment of ocean observing systems are likely to run in the multiple $100s of millions of dollars per year"

Information provided when available, for more information please visit the original database or PDF.