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Valuing the Coast: Economic Impacts of Connecticut's Maritime Industry

Robert Pomeroy, Nataliya Plesha () and Umi Muawanah ()
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Nataliya Plesha: University of Connecticut
Umi Muawanah: University of Connecticut

No 15, Outreach Reports from University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy

Abstract: The goal of this study was to ascertain and document the significance of the maritime industry to Connecticut’s economy. The specific objective was to estimate the total economic impact of maritime industry sectors through the use of an economic model of the Connecticut economy. This study defines the Connecticut maritime industry as including, but not limited to, shipbuilding, commercial fishing, aquaculture, tourism, recreational boating and fishing, marine manufacturing, marine engineering, port services, marine terminal operation, marine construction, marina operation, marine environmental services, and marine transportation. Because this industry buys goods and services from other industries in the state and hires local labor, its economic impacts cascade throughout the entire state economy.

Keywords: Connecticut; Maritime Industry (search for similar items in EconPapers)
Pages: 28 pages
Date: 2013-04
New Economics Papers: this item is included in nep-tur
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http://www.zwickcenter.uconn.edu/documents/or15.pdf (application/pdf)

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