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

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  • Pomeroy, Robert
  • Plesha, Nataliya
  • Muawanah, Umi

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.

Suggested Citation

  • Pomeroy, Robert & Plesha, Nataliya & Muawanah, Umi, 2013. "Valuing the Coast: Economic Impacts of Connecticut's Maritime Industry," Outreach Reports 154290, University of Connecticut, *Charles J. Zwick Center for Food and Resource Policy.
    • Handle: RePEc:ags:ucozfr:154290
    DOI: 10.22004/ag.econ.154290
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    Keywords

    Environmental Economics and Policy;

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