Understanding Metrics for Communicating the Economic Importance of Florida’s Fisheries Part I: An Overview

Edward V. Camp, Christa D. Court, Andrew Ropicki, and Robert Botta

Release Date: 9/4/2023

Reviewed At: 5/13/2023

DOI: 10.32473/edis-fa260-2023

Natural Resources

Abstract

Understanding the economic importance of fisheries and coastal resources is vitally important for making good management decisions that affect human communities, local businesses, and environment and ecological sustainability. However, economic “importance” is not a very specific term, and can mean completely different things to different people. We reviewed different fields of natural resource economics to and describe the different economic terms most often used. This information can help management agencies and cooperative Extension agents use the correct terminology and teach the correct terminology in their outreach.

About this Publication

This document is FA260, one of a series of the School of Forest, Fisheries, and Geomatics Sciences, Program in Fisheries and Aquatic Sciences. Original publication date September 2023. Visit the EDIS website at https://edis.ifas.ufl.edu for the currently supported version of this publication.

About the Authors

Edward V. Camp, assistant professor, School of Forest, Fisheries, and Geomatics Sciences Program in Fisheries and Aquatic Sciences; Christa D. Court, assistant professor, Food and Resource Economics Department; Andrew Ropicki, assistant professor, Food and Resource Economics Department and UF/IFAS Extension Sea Grant specialist; and Robert Botta, postdoctoral research associate, Food and Resource Economics Department; UF/IFAS Extension, Gainesville, Florida 32611.

How to Cite

Camp, E. V., Court, C. D., Ropicki, A., & Botta, R. (2023). Understanding metrics for communicating the economic value of Florida’s fisheries and coastal resources. EDIS, 2023(5). https://doi.org/10.32473/edis-fa260-2023

Authors

Robert Botta

economist associate, National Marine Sanctuary Foundation, Silver Spring, MD, and former post-doctoral associate, UF/IFAS Department of Food and Resource Economics, Gainesville, FL

Edward Camp

Contact

Specialist

University of Florida

associate professor, fisheries and aquaculture governance, UF/IFAS School of Forest, Fisheries, and Geomatics Sciences, Program in Fisheries and Aquatic Sciences, Gainesville FL

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Christa Court

Specialist

University of Florida

director, Economic Impact Analysis Program and associate professor, UF/IFAS Department of Food and Resource Economics, Gainesville, FL

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Andrew Ropicki

Specialist

University of Florida

assistant professor and Florida Sea Grant marine economics specialist, UF/IFAS Food and Resource Economics Department, Gainesville FL

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Publication #FA260