Loss of economic value from coral bleaching in S.E. Asia

Doshi, Amar, Pascoe, Sean, Thébaud, Olivier, Thomas, Colette R., Setiasih, Naneng, Hong, James Tan Chun, True, James, Schuttenberg, Heidi Z., and Heron, Scott F. (2012) Loss of economic value from coral bleaching in S.E. Asia. In: Proceedings of the 12th International Coral Reef Symposium, pp. 1-5. From: 12th International Coral Reef Symposium, 9-13 July 2012, Cairns, QLD, Australia.

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Abstract

In 2010, a rise in sea water temperatures off Thailand, Indonesia and Malaysia resulted in substantial coral bleaching. An ecological and economic survey was undertaken to determine the extent of this bleaching and also the economic implications, particularly for scuba divers. As part of the survey, a choice experiment was undertaken to determine the loss in non-market economic value (in terms of consumer surplus) to divers from the coral bleaching. In this paper, we present the results of this analysis, and implications for ongoing monitoring and management of the reefs. We estimate the loss in economic value due to the 2010 coral bleaching event to be on the order of $50m to $80m.

Item ID: 22407
Item Type: Conference Item (Refereed Research Paper - E1)
Keywords: coral bleaching, South East Asia, economic value, choice experiment
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ISBN: 978-0-9808572-5-2
Date Deposited: 13 Aug 2012 07:00
FoR Codes: 04 EARTH SCIENCES > 0405 Oceanography > 040503 Physical Oceanography @ 100%
SEO Codes: 96 ENVIRONMENT > 9609 Land and Water Management > 960902 Coastal and Estuarine Land Management @ 100%
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