(e.g. aquaculture), and similar ocean uses should encourage developers to consider
co-locating operations. This can take the form, for example, of more favorable lease
terms for co-located facilities. Co-location is not likely to change the fundamental
economics of ocean spatial use, but at the margins, it can make economic activities
in the ocean more efficient.
References
Allen, B. P., & Loomis, J. B. (2008). The decision to use benefit transfer or conduct original
valuation research for benefit-cost and policy analysis. Contemporary Economic Policy, 26,
1–12.
Atkinson, G., Bateman, I., & Mourato, S. (2012). Recent advances in the valuation of ecosystem
services and biodiversity. Oxford Review of Economic Policy, 28, 22–47.
Barbier, E. B. (2012). A spatial model of coastal ecosystem services. Ecological Economics, 78,
70–79.
Barbier, E. B., Hacker, S. D., Kennedy, C., Koch, E. W., Stier, A. C., & Silliman, B. R. (2011).
The value of estuarine and coastal ecosystem services. Ecological Monographs, 81, 169–193.
Bergstron, J. C., & Taylor, L. O. (2006). Using meta-analysis for benefits transfer: Theory and
practice. Ecological Economics, 60, 351–360.
Boyle, K. J., & Bergstrom, J. C. (1992). Benefit transfer studies: Myths, pragmatism, and idealism.
Water Resources Research, 28, 657–663.
Brander, L. M., Florax, R. J. G. M., & Vermaat, J. E. (2006). The empirics of wetland valuation: A
comprehensive summary and a meta-analysis of the literature. Environmental & Resource
Economics, 33, 223–250.
Brander, L. M., van Beukering, P., & Cesar, H. S. J. (2007). The recreational value of coral reefs:
A meta-analysis. Ecological Economics, 63, 209–218.
Buck, B. H., Ebeling, M., & Michler-Cieluch, T. (2010). Mussel cultivation as a co-use in offshore
wind farms: Potentials and economic feasibility. Aquaculture Economics and Management, 14,
1365–7305.
Bundesamt für Seeschifffahrt und Hydrographie. (2016). Spatial planning in the German EEZ:
maritime spatial plans. Retrieved on August 4, 2016, from http://www.bsh.de/en/Marine_uses/
Spatial_Planning_in_the_German_EEZ/index.jsp
Costanza, R., d’Arge, R., de Groot, R., Farber, S., Grasso, M., Hannon, B., et al. (1997). The value
of the world’s ecosystem services and natural capital. Nature, 387, 253–260.
Costanza, R., Perez-Maqueo, O., Martinez, M. L., Sutton, P., Anderson, S. J., & Mulder, K.
(2008). The value of coastal wetlands for hurricane protection. AMBIO: A Journal of the
Human Environment, 37, 241–248.
de Groot, R., Brander, L., van der Ploeg, S., Costanza, R., Bernard, F., Braat, L., et al. (2012).
Global estimates of the value of ecosystems and their services in monetary units. Ecosystem
Services, 1, 50–61.
Engle, V. D. (2011). Estimating the provision of ecosystem services by Gulf of Mexico wetlands.
Wetlands, 31, 179–193.
Ghermandi, A., van den Bergh, J. C. J. M., Brander, L. M., de Groot, H. L. F., & Nunes, P. A. L.
D. (2008). The economic value of wetland conservation and creation: a meta-analysis.
Fondazione Eni Enrico Mattei, Sustainability Indicators and Environmental Valuation.
Retrieved July 1, 2016, from http://www.feem.it/Feem/Pub/Publications/WPapers/default.htm
Grabowski, J. H., Brumbaugh, R. D., Conrad, R. F., Keeler, A. G., Opaluch, J. J., Peterson, C. H.,
et al. (2012). Economic valuation of ecosystem services provided by oyster reefs. BioScience,
62, 900–909.
10 Economics of Multi-use and Co-location
247
co-locating operations. This can take the form, for example, of more favorable lease
terms for co-located facilities. Co-location is not likely to change the fundamental
economics of ocean spatial use, but at the margins, it can make economic activities
in the ocean more efficient.
References
Allen, B. P., & Loomis, J. B. (2008). The decision to use benefit transfer or conduct original
valuation research for benefit-cost and policy analysis. Contemporary Economic Policy, 26,
1–12.
Atkinson, G., Bateman, I., & Mourato, S. (2012). Recent advances in the valuation of ecosystem
services and biodiversity. Oxford Review of Economic Policy, 28, 22–47.
Barbier, E. B. (2012). A spatial model of coastal ecosystem services. Ecological Economics, 78,
70–79.
Barbier, E. B., Hacker, S. D., Kennedy, C., Koch, E. W., Stier, A. C., & Silliman, B. R. (2011).
The value of estuarine and coastal ecosystem services. Ecological Monographs, 81, 169–193.
Bergstron, J. C., & Taylor, L. O. (2006). Using meta-analysis for benefits transfer: Theory and
practice. Ecological Economics, 60, 351–360.
Boyle, K. J., & Bergstrom, J. C. (1992). Benefit transfer studies: Myths, pragmatism, and idealism.
Water Resources Research, 28, 657–663.
Brander, L. M., Florax, R. J. G. M., & Vermaat, J. E. (2006). The empirics of wetland valuation: A
comprehensive summary and a meta-analysis of the literature. Environmental & Resource
Economics, 33, 223–250.
Brander, L. M., van Beukering, P., & Cesar, H. S. J. (2007). The recreational value of coral reefs:
A meta-analysis. Ecological Economics, 63, 209–218.
Buck, B. H., Ebeling, M., & Michler-Cieluch, T. (2010). Mussel cultivation as a co-use in offshore
wind farms: Potentials and economic feasibility. Aquaculture Economics and Management, 14,
1365–7305.
Bundesamt für Seeschifffahrt und Hydrographie. (2016). Spatial planning in the German EEZ:
maritime spatial plans. Retrieved on August 4, 2016, from http://www.bsh.de/en/Marine_uses/
Spatial_Planning_in_the_German_EEZ/index.jsp
Costanza, R., d’Arge, R., de Groot, R., Farber, S., Grasso, M., Hannon, B., et al. (1997). The value
of the world’s ecosystem services and natural capital. Nature, 387, 253–260.
Costanza, R., Perez-Maqueo, O., Martinez, M. L., Sutton, P., Anderson, S. J., & Mulder, K.
(2008). The value of coastal wetlands for hurricane protection. AMBIO: A Journal of the
Human Environment, 37, 241–248.
de Groot, R., Brander, L., van der Ploeg, S., Costanza, R., Bernard, F., Braat, L., et al. (2012).
Global estimates of the value of ecosystems and their services in monetary units. Ecosystem
Services, 1, 50–61.
Engle, V. D. (2011). Estimating the provision of ecosystem services by Gulf of Mexico wetlands.
Wetlands, 31, 179–193.
Ghermandi, A., van den Bergh, J. C. J. M., Brander, L. M., de Groot, H. L. F., & Nunes, P. A. L.
D. (2008). The economic value of wetland conservation and creation: a meta-analysis.
Fondazione Eni Enrico Mattei, Sustainability Indicators and Environmental Valuation.
Retrieved July 1, 2016, from http://www.feem.it/Feem/Pub/Publications/WPapers/default.htm
Grabowski, J. H., Brumbaugh, R. D., Conrad, R. F., Keeler, A. G., Opaluch, J. J., Peterson, C. H.,
et al. (2012). Economic valuation of ecosystem services provided by oyster reefs. BioScience,
62, 900–909.
10 Economics of Multi-use and Co-location
247