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Please use this identifier to cite or link to this item: http://purl.umn.edu/49038

Title: Renewable and Nonrenewable Resource Theory Applied to Coastal Agriculture, Forest, Wetland, and Fishery Linkages
Authors: Swallow, Stephen K.
Keywords: nonrenewable
renewable
fishery
wetland value
pocosin
Pamlico Sound
Issue Date: 1994
Series/Report no.: Marine Resource Economics
Vol. 9 No. 4
Abstract: This paper addresses tradeoffs in wetland development using a framework that integrates economic theory of renewable and nonrenewable resources. The theory treats wetland development as use of a nonrenewable resource, while wetland preservation protects critical fishery habitat. The framework recognizes that wetland quality may vary for either development or fisheries. An illustrative application assesses tradeoffs in converting pocosin wetlands to agriculture rather than maintaining wetlands to protect salinity in estuarine nursery areas. Results reveal the marginal value of salinity protection may be substantial, while location may affect a wetland's value to an estuarine shrimp fishery. Comparisons between agricultural and forestry landuses show that ecological links may cause wetland values to depend upon the land-use chosen for the developed state. Future assessments of other development may reveal additional impacts through impacts on salinity.
URI: http://purl.umn.edu/49038
Identifiers: 0738-1360
Institution/Association: Marine Resource Economics>Volume 09, Number 4, 1994
Total Pages: 20
From Page: 291
To Page: 310
Collections:Volume 09, Number 4, 1994

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