Replication data for: Economic Effects of an Ocean Acidification Catastrophe
Principal Investigator(s): View help for Principal Investigator(s) Stephen G. Colt; Gunnar P. Knapp
Version: View help for Version V1
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Project Citation:
Colt, Stephen G., and Knapp, Gunnar P. Replication data for: Economic Effects of an Ocean Acidification Catastrophe. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113477V1
Project Description
Summary:
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We assess the potential magnitude of the economic effects of an ocean acidification (OA) catastrophe by focusing on marine ecosystem services most likely to be affected. It is scientifically plausible that by 2200 OA could cause a complete collapse of marine capture fisheries, complete destruction of coral reefs, and significant rearrangement of marine ecosystems. Upper-bound values for losses from the first two effects range from 97 to 301 billion 2014 dollars per year (0.09 - 0.28% of current world GDP). We argue that aquaculture output would not be reduced, due to the high potential for adaptation by this young industry.
Scope of Project
Subject Terms:
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ocean acidification;
climate catastrophe;
ecosystem services
JEL Classification:
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Q22 Renewable Resources and Conservation: Fishery; Aquaculture
Q25 Renewable Resources and Conservation: Water
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q57 Ecological Economics: Ecosystem Services; Biodiversity Conservation; Bioeconomics; Industrial Ecology
Q58 Environmental Economics: Government Policy
Q22 Renewable Resources and Conservation: Fishery; Aquaculture
Q25 Renewable Resources and Conservation: Water
Q54 Climate; Natural Disasters and Their Management; Global Warming
Q57 Ecological Economics: Ecosystem Services; Biodiversity Conservation; Bioeconomics; Industrial Ecology
Q58 Environmental Economics: Government Policy
Geographic Coverage:
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global
Time Period(s):
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2010 – 2016
Universe:
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providers and users of ocean ecosystem services (fish producers and consumers, tourism providers and tourists)
Data Type(s):
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other:
Collection Notes:
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The data are a mixture of publicly available statistics, parameters, and results from previous studies on ocean acidification and its effects on ecosystem services.
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