Regional Economic Resilience and the Deepwater Horizon Oil Spill: The Case of New Orleans' Tourism and Fishing Clusters

Julie Porter ()
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Julie Porter: Cardiff University, Postal: Centre for Advanced Studies, Cardiff University, UK, http://www.cardiff.ac.uk

No 2011-12, Spatial and Organizational Dynamics Discussion Papers from CIEO-Research Centre for Spatial and Organizational Dynamics, University of Algarve

Abstract: The Deepwater Horizon oil spill dumped almost 5 million barrels of oil into the Gulf of Mexico over a three month period in 2010. This event had a significant economic impact (which compounded the recession effect) on the surrounding regions particularly those with a large marine industry presence. This paper seeks to address the issues that have arisen over the past year as a result of the oil spill, focusing on the capacity of the regional economy to respond to the exogenous shocks of mass pollution and global recession while highlighting any economic recovery efforts as well as any tensions created. To represent both the region and the industry, the coastal tourism and fishing clusters in Southern Louisiana will be used as case studies. Through the analysis of socioeconomic data and secondary source material, including historic economic recovery accounts in the region post-Hurricane Katrina, these issues will be assessed. Recommendations will be made regarding the recovery process which will take into account US government policy

Keywords: Resilience; Maritime Cluster; Deepwater Horizon; Path Dependence (search for similar items in EconPapers)
JEL-codes: O18 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2011-11-30
New Economics Papers: this item is included in nep-ene, nep-tur and nep-ure
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Citations: View citations in EconPapers (1)

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