Economic Impact Analysis: 1st Progress Report, January 4, 2001
Section V: Potential Economic Costs & Benefits


ECONOMIC COSTS & BENEFITS FROM ENHANCED PROTECTION

This study will culminate in Spring 2001 with a discussion of the economic costs, impacts and benefits from the enhanced protection scenario. Based upon the study contract and subsequent input from local interviews in the study area, the following are the types of issues and considerations that will be examined. Subsequent analysis may determine that some issues are significant, while others can be dismissed.

 

ECONOMIC COSTS AND IMPACTS

Direct Costs

Indirect Costs

 

TYPES OF BENEFITS FROM ENHANCED PROTECTION

While the costs of enhanced protection measures may be more immediate and easier to estimate, there could be significant economic and non-economic benefits associated with enhanced protection. The following are examples of the types of questions to be considered in the benefits analysis:

 

BENEFITS