Valuing estuarine resource services using economic and ecological models: The Peconic Estuary System study

Authors

Robert J. Johnston, University of Rhode Island
Thomas A. Grigalunas, University of Rhode Island
James J. Opaluch, University of Rhode Island
Marisa Mazzotta, University of Rhode Island
Jerry Diamantedes, University of Rhode Island

Document Type

Article

Date of Original Version

1-1-2002

Abstract

This article summarizes four integrated economic studies undertaken to contribute to resource preservation and restoration decisions for the Peconic Estuary System of Suffolk County, NY. Completed as part of the National Estuary Program, the studies apply distinct resource valuation methods to a wide range of resource issues. The principal goals of this article are to highlight different methodologies that may be used to assess nonmarket economic values in a coastal management context, and characterize differences in the results that one may expect from each approach. We also emphasize potential relationships among values estimated by different nonmarket methodologies, and comment on the implications of these relationships for the interpretation and use of economic value estimates.

Publication Title, e.g., Journal

Coastal Management

Volume

30

Issue

1

Citation/Publisher Attribution

Johnston, Robert J., Thomas A. Grigalunas, James J. Opaluch, Marisa Mazzotta, and Jerry Diamantedes. "Valuing estuarine resource services using economic and ecological models: The Peconic Estuary System study." Coastal Management 30, 1 (2002). doi: 10.1080/08920750252692616.