Ocean Finance

Coral Reef Valuation Applications

 

  • Access Economics. 2005. “Measuring the economic and financial value of the Great Barrier Reef Marine Park 2004-2005.” Great Barrier Reef Marine Park Authority Research Publication 84. Online at: http://www.gbrmpa.gov.au/corp_site/about_us/documents/economic_values_report.pdf.
  • Access Economics. 2007. “Measuring the economic and financial value of the Great Barrier Reef Marine Park 2005-2006.” Great Barrier Reef Marine Park Authority Research Publication 87. Online at: http://www.gbrmpa.gov.au/corp_site/info_services/publications/research_publications.
  • Ahmed, M., C.K. Chong, and H. Cesar. 2004. “Economic Valuation and Policy Priorities for Sustainable Management of Coral Reefs.” Penang, Malaysia: WorldFish Center.
  • Ahmed, M., G. Umali, C. Chong, M. Rull, and M. Garcia. 2007. “Valuing recreational and conservation benefits of coral reefs – The case of Bolinao, Philippines.” Ocean and Coastal Management 50: 103-118.
  • Andersson, J.E.C. 2007. “The recreational cost of coral bleaching – A stated and revealed preference study of international tourists.” Ecological Economics 62: 704-715.
  • Arin, T. and R.A. Kramer. 2002. “Divers’ willingness to pay to visit marine sanctuaries: an exploratory study.” Ocean and Coastal Management 45: 171-183.
  • Barton, D.N. 1994. “Economic factors and evaluation of tropical coastal resources.” In “SMR-report 14:94.” Universitetet I Bergen, Senter for Miljø-og Resursstudier.
  • Bhat, M.G. 2003. “Application of Non-Market Valuation to the Florida Keys Marine Reserve Management.” Journal Environmental Management 67 (4): 315-325.
  • Brander, L.M., P. Van Beukering, and H.S.J. Cesar. 2007. “The recreational value of coral reefs: a meta-analysis.” Ecological Economics 63: 209-218.
  • Brown, K., W. Adger, E. Tompkins, P. Bacon, D. Shim, and K. Young. 2001. “Trade-off Analysis for Marine Protected Area Management.” Ecological Economics 37: 417-434.
  • Burke, L., and J. Maidens. 2004. “Reefs at Risk in the Caribbean.” Washington, DC: World Resources Institute, pp. 52-59. Online at: http://pdf.wri.org/reefs_caribbean_chap5.pdf.
  • Burke, L., E. Selig, and M. Spalding. 2002. “Reefs at Risk in Southeast Asia.” Washington, DC: World Resources Institute, pp. 53-56. Online at: http://pdf.wri.org/rrseasia_chap6.pdf.
  • Carr, L. and R. Mendelsohn. 2003. “Valuing Coral Reefs: A Travel Cost Analysis of the Great Barrier Reef.” Ambio 32: 353-357. Online at: http://environment.yale.edu/posts/downloads/v-z/Valuing_Coral_Reefs_-_A_Travel_Cost_Analysis_of_the_Great_Barrier-1.pdf
  • Carter, D.W. 2003. “Protected areas in marine resource management: another look at the economics and research issues.” Ocean and Coastal Management 46 (5): 439-456.
  • Casey, J.F. 2006. “Are tourists willing to pay additional fees to protect corals in Mexico?” The Selected Works of James F. Casey. Online at: http://works.bepress.com/james_casey/7.
  • Cesar Environmental Economics Consulting (funded by the National Oceanic and Atmospheric Administration through the Marine Laboratory of the University of Guam). 2007. “Economic Valuation of Coral Reefs and Adjacent Habitats in Guam.”
  • Cesar Environmental Economics Consulting (funded by the US Department of the Interior and National Oceanographic and Atmospheric Administration). 2006. “Economic Valuation of Coral Reefs and Adjacent Habitats in Commonwealth of the Northern Mariana Islands (CNMI).” Online at: http://cnmicoralreef.net/Saipan%20final%20report%20zip%20Feb2006.pdf.
  • Cesar, H.S.J. and P. Van Beukering. 2004. “Economic Valuation of the Coral Reefs of Hawaii.” Pacific Science Vol. 58, No. 2: 231-242.
  • Cesar, H., L. Burke, and L. Pet-Soede. 2003. “The Economics of Worldwide Coral Reef Degradation.” Arnhem, The Netherlands: Cesar Environmental Economics Consulting. Online at: http://pdf.wri.org/cesardegradationreport100203.pdf.
  • Cesar H. et al. 2000. “Economic Valuation of an Integrated Terrestrial and Marine Protected Area: Jamaica’s Portland Bright.” In: Cesar, H.S.J. (ed). 2000. “Collected Essays on the Economics of Coral Reefs.” CORDIO Department for Biology and Environmental Sciences, Kalmar University, Sweden.
  • Cesar, H. and C.K. Chong. 2004. “Economic Valuation and Socioeconomics of Coral Reefs: Methodological Issues and Three Case Studies.” pp. 14-40 in: M. Ahmed, C.K. Chong and H. Cesar (eds). 2004. “Economic Valuation and Policy Priorities for Sustainable Management of Coral Reefs.” WorldFish Center Conference Proceedings 70, 222 p.
  • Cesar, H. 2002. “The biodiversity benefits of coral reef ecosystems: Values and markets.” Working Party on Global and Structural Policies Working Group on Economic Aspects of Biodiversity, OECD, Paris.
  • Cesar, H. 2002. “Economic valuation, economic instruments and property rights: coral reefs in Southeast Asia.” Fourth International Conference on Property Rights, Economics and the Environment. Aix-en-Provence, France, June 26-29, 2002, 13 p.
  • Costanza, R., S.C. Farber and J. Maxwell. 1989. “Valuation and management of wetland ecosystems.” Ecological Economics 1: 335-361.
  • Dixon, J., L. Scura, T. van’t Hof. 1993. “Ecology and microeconomics as ‘Joint Products’: The Bonaire Marine Park in the Caribbean.” World Bank, LATEN Dissemination Note #6.
  • Driml, S. 1999. “Economic impacts of activities on the Great Barrier Reef.” Great Barrier Reef Marine Park Authority Research Report 7. Online at: http://www.gbrmpa.gov.au/corp_site/info_services/publications/research_publications/rp007/index.html.
  • Furst et al. 2000. “Chapter 11: Total Costs and Benefits of Reef Conservation in the Bonaire Marine Park, in the Netherlands Antilles.” In Rietbergen-McCracken, J. and H. Abaza (eds). 2000. “Environmental Valuation: A Worldwide Compendium of Case Studies.” London: Earthscan.
  • Gjertsen, H. 2005. “Can Habitat Protection Lead to Improvements in Human Well-Being? Evidence from Marine Protected Areas in the Philippines.” World Development 33 (2): 199-217
  • Hand, T. 2003. “An economic and social evaluation of implementing the representative areas program by rezoning the Great Barrier Reef Marine Park.” Report on the Revised zoning plan. Delivered to Australian Parliament.
  • Hundloe et al. 1987. “Willingness to Pay Survey of the Great Barrier Reef.”
  • Hazen and Sawyer Environmental Engineers and Scientists. 2004. “Socioeconomic Study of Reefs in Martin County, Florida.” Online at: http://marineeconomics.noaa.gov/Reefs/MartinCounty2004.pdf.
  • Israel, J. 2004. “Impact of Visitor Spending and Park Operations on the Regional Economy: Virgin Islands National Park.” Prepared for the Friends of the Virgin Islands National Park.
  • Johns, G.M., V.R. Leeworthy, F.W. Bell, and M.A. Bonn. 2003. “Socioeconomic Study of Reefs in Southeast Florida.” Online at: http://marineeconomics.noaa.gov/Reefs/PDF’s/Document.pdf.
  • Khanh Nam, P. and T.V. Hung Son, 2004. “Recreational Value of the Coral Surrounding the Hon Mun Islands in Vietnam: A Travel Cost and Contingent Valuation Study.” In “Economic Valuation and Policy Priorities for Sustainable Management of Coral Reefs.” WorldFish Centre Conference Proceedings 70. Leeworthy, V., P. Wiley and J. Hospital. 2004. “Importance-Satisfaction Ratings Five-year Comparison, SPA & ER Use, and Socioeconomic and Ecological Monitoring Comparison of Results 1995-96 to 2000-01.” Silver Spring, MD: Special Projects Division, Office of Management and Budget, U.S. Department of Commerce. National Ocean and Atmospheric Administration.
  • Leisher, C., P. Van Beukering, and L.M. Scherl. 2007. “Nature’s investment bank: How marine protected areas contribute to poverty reduction.” The Nature Conservancy. Online at: www.nature.org/mpapovertystudy.
  • Moberg, F. and C. Folke. 1999. “Ecological goods and services of coral reef ecosystems.” Ecological Economics 29: 215-233.
  • Ohman, M. and H. Cesar. 2000. “Costs and benefits of coral mining.” In H. Cesar (ed.). 2000. “Collected essays on the economics of coral reefs.” Kalmar, Sweden: CORDIO, Kalmar University.
  • Parsons, G.R., and S.M. Thur. 2007. “Valuing changes in the quality of coral reef ecosystems: a stated preference study of SCUBA diving in the Bonaire National Marine Park.” Environmental and Resource Economics. Published online.
  • Pendleton, L.H. 1995. “Valuing coral reef protection.” Ocean and Coastal Management 26(2): 119-131.
  • Pet-Soede et al. 2000. “Blasting away: the economics of blast fishing on Indonesian coral reefs.” In H. Cesar (ed.). 2000. “Collected essays on the economics of coral reefs.” Kalmar, Sweden: CORDIO, Kalmar University.
  • Pomeroy, R.S., E.G. Oracion, R.B. Pollnac, and D.A. Caballes. 2005. “Perceived economic factors influencing the sustainability of integrated coastal management project in the Philippines.” Ocean and Coastal Management, Elsevier 48: 360-377. Online at: www.elsevier.com/locate/ocecoaman.
  • Spurgeon, J et al. 2004. “Economic Valuation of Coral Reefs and Adjacent Habitats in American Samoa.” Compiled for the Department of Commerce by Jacobs in association with MRAG Americas, National Institution of Water & Atmospheric Research. Online at: http://doc.asg.as/crag/ASCoralValuation04_Appendix.pdf.
  • Rolfe et al. 2006. “Choice Modelling Great Barrier Reef study.”
  • Roxburgh, T. and J. Spurgeon. 2005. “Enhancing the Role of Economic Valuation in Coral Reef Management.” Paper submitted for Agenda Item 11.1 ICRI GM (UK/Sey 3)2005/11.1 International Coral Reef Initiative (ICRI) General Meeting Seychelles, April 25-27, 2005.
  • Ruitenbeek, J. 1999. “Blue Pricing of Undersea Treasures: Needs and Opportunities for Environmental Economics Research on Coral Reef Management in South East Asia.” Paper prepared for a presentation to the 12th Biannual Workshop of EEPSEA: Environmental Economics Program for South East Asia, Singapore.
  • Ruitenbeek, J., C. Cartier, et al. 1999. “Issues in Applied Coral Reef Biodiversity Valuation: Results for Montego Bay, Jamaica.” World Bank Research Committee Project “Marine System Valuation: An Application to Coral Reef Systems in the Developing Tropics.”
  • Rudd, M.A. 2001. “The non-extractive value of spiny lobster, Panulirus argus, in the Turks and Caicos Islands.” Environmental Conservation 28 (3): 226-234.
  • Rudd, M.A., and M.H. Tupper. 2002. “The impact of Nassau Grouper size and abundance on scuba diver site selection and MPA economics.” Coastal Management 30: 133-151.
  • Ruitenbeek H.J. 1992. “Mangrove management: an economic analysis of management options with a focus on Bintuni Bay, Irian Jaya.” EMDI Environmental Reports 8, Jakarta.
  • Samonte-Tan, G., A. White, M. Tercero, J. Diviva, E. Tabara, and C. Caballes. 2007. “Economic Valuation of Coastal and Marine Resources: Bohol Marine Triangle, Philippines”. Coastal Management 35: 319-338.
  • Sanchirico, J.N. 2000. “Marine protected areas as fishery policy: A discussion of potential costs and benefits.” Resources for the Future 13.
  • Sathirathai, S. 1998. “Economic valuation of mangroves and the roles of local communities in the conservation of natural resources: case study of Surat Thani, South of Thailand.” Ottawa: EEPSEA Research Report, Environment and Economics Program for South East Asia, International Development Research Centre.
  • Seenprachawong, U. 2001. “An Economic Analysis of Coral Reefs in the Andaman Sea of Thailand.” WorldFish Center.
  • Sorice, M.G., C.O. Oh, and R.B. Ditton. 2005. “Using a stated preference discrete choice experiment to analyze scuba diver preferences for coral reef conservation.” Final report prepared for the coral reef competitive grants program of the National Fish and Wildlife Foundation.
  • Spurgeon, J. 2004. “Economic valuation of coral reefs and adjacent habitats in American Samoa.” Final Report 2004, Jacobs: UK. Online at: http://doc.asg.as/CRAG/ASCoralValuation04.pdf.
  • Spurgeon, J. 1992. “The Economic Value of Coral Reefs.” Marine Pollution Bulletin 24: 529-536.
  • Tri, N.H., W.N. Adger, and M. Kelly. 1998. “Natural resource management in mitigating climate impacts: the example of mangrove restoration in Vietnam.” Global Environmental Change 8(1): 49-61.
  • UNEP-WCMC. 2006. “In the front line: shoreline protection and other ecosystem services from mangroves and coral reefs.” Cambridge, UK: UNEP-WCMC.
  • van Beukering, P. and H. Cesar. 2004. “Ecological Economic Modeling of Coral Reefs: Evaluating Tourist Overuse at Hanauma Bay and Algae Blooms at the K?¯hei Coast, Hawai’i.” Pacific Science 58 (2): 243-260.
  • Wielgus, J., N.E. Chadwick-Furman, Z. Dubinsky, M. Shechter, and N. Zeitouni. 2002. “Dose-response modeling of recreationally important coral reef attributes: a review and potential application to the economic valuation of damage.” Coral Reefs 21(3): 253-259.
  • Wielgus, J., N.E. Chadwick-Furman, N. Zeitouni, and M. Shechter. 2003. “Effects of coral reef attribute damage on recreational welfare.” Marine Resource Economics 18(3): 225-237.
  • Wielgus, J. 2004. “General protocol for calculating the basis of legal claims for damages caused by vessel groundings in Eilat. Israel Nature and National Parks Protection Authority, Jerusalem.” Available in ReefBase.
  • White, A.T., M. Ross, and M. Flores. 2000. “Benefits and Costs of Coral Reef and Wetland Management, Olango Island, Philippines.” In H. Cesar (ed.). 2000. “Collected essays on the economics of coral reefs.” Kalmar, Sweden: CORDIO, Kalmar University, pp 215-227. Online at: www.oneocean.org/download/20000329/coral_reef_and_wetland_management.doc.
  • White, A. and R. Rosales. 2003. “Community-oriented marine tourism in the Philippines: Role in economic development and conservation.” In Gossling, S. (ed.) “Tourism and Development in Tropical Islands: Pikictalk Ecology Persectives.” Cheltenham: Edward Elgar Publishing, pp 237-263.
  • Whitehead, J.C., T.C. Haab, and J. Huang. 2000. “Measuring recreation benefits of quality improvements with revealed and stated behavior data.” Resource and Energy Economics 22 (4); 339-354.
  • Worm, B., E.B. Barbier, N. Beaumont, J.E. Duffy, C. Folke, B.S. Halpern, J.B.C. Jackson, H.K. Lotze, F. Micheli, S.R. Palumbi, E. Sala, K.A. Selkoe, J.J. Stachowicz, and R. Watson. 2006. “Impacts of biodiversity loss on ocean ecosystem services.” Science 314: 787-790.
  • Wright, M.G. 1994. “An Economic Analysis of Coral Reef Protection in Negril, Jamaica.” Williamstown, MA: Williams College, Thesis.

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