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

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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: 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: [ocean acidification, climate catastrophe, ecosystem services]

JEL Classification:
      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: global

Universe: providers and users of ocean ecosystem services (fish producers and consumers, tourism providers and tourists)

Data Type(s): other:

Collection Notes: 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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V1 [2019-10-12]

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