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NATURAL RESOURCE ECONOMICS RESEARCH AND OUTREACH PROGRAM |
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DISASTER ECONOMICS
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Economic Recovery of Mississippi Commercial and Recreational Fishing
The decision to remain or leave the industry - commercial or recreational fishing - was very crucial to these participating boats or vessels. 87% of participating commercial boats or vessels reported damages associated with Hurricane Katrina (HK). •69% of the participating charter boats-for-hire reported damages associated with HK. An economic recovery model was developed using the survey data after Hurricane Katrina and databases on licenses issued by the Mississippi Department of Marine Resources (DMR). From these databases, the decision to remain or leave the industry made by the participating boats and vessels was determined. |
SUSTAINABLE DEVELOPMENT ECONOMICS
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MARINE ECONOMICS
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For further information, contact: Dr. Benedict Posadas,
Associate R&E Professor, CV |
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