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

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  • Robert S. Pomeroy

    (University of Connecticut)

  • Nataliya Plesha

    (University of Connecticut)

  • Umi Muawanah

    (University of Connecticut)

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

  • Robert S. Pomeroy & Nataliya Plesha & Umi Muawanah, 2013. "Valuing the Coast: Economic Impacts of Connecticut's Maritime Industry," Outreach Reports 15, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    • Handle: RePEc:zwi:outrep:15
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    File URL: http://www.zwickcenter.uconn.edu/documents/or15.pdf
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    References listed on IDEAS

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    1. ten Raa,Thijs, 2006. "The Economics of Input-Output Analysis," Cambridge Books, Cambridge University Press, number 9780521841795, June.
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    Keywords

    Connecticut; Maritime Industry;

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