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The Economic Value of Water and Ecosystem Preservation

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main fisheries are shrimp <strong>and</strong> oysters it could be argued that these counties<br />

would continue to have an advantage, particularly in oysters, where global<br />

competition is not as relevant as it is in shrimping. Of greater interest is that the<br />

total economic impact <strong>of</strong> employment loss in the fisheries sector was not nearly<br />

as great in the other employment sectors analyzed.<br />

In the case <strong>of</strong> Aransas, the growth in mining <strong>and</strong> construction was able to<br />

<strong>of</strong>fset the decline in fisheries <strong>and</strong> manufacturing, <strong>and</strong> create a net 376 jobs <strong>and</strong><br />

income <strong>of</strong> $17.6 million. For Calhoun, the study period coincided with a scaling<br />

back <strong>of</strong> expansion at the petro-chemical firms <strong>and</strong> this is reflected in the declining<br />

employment numbers. Yet, it still illustrates the greater impact that each <strong>of</strong> the<br />

three industries has on the economy than fishing.<br />

It is felt that shrimping will continue to feel pressure from imports as well as<br />

from input prices, such as fuel. Oystering may still have a competitive advantage<br />

given the dem<strong>and</strong> for fresh product. This fishery will face pressure in the form <strong>of</strong><br />

higher input prices as well as habitat loss. One could conclude that even if there<br />

is a loss <strong>of</strong> jobs in the fishery sector that it could be made up in other sectors,<br />

assuming they grow, <strong>and</strong> that the impact would actually be greater. However,<br />

there might be value beyond the economic output <strong>of</strong> the fishing sector.<br />

Texas <strong>and</strong> the Coastal Bend have a rich commercial fishing history. <strong>The</strong>re<br />

are many who value its presence beyond the product that it can provide. <strong>The</strong>se<br />

values that are not as tangible can add to the impact that the industry has. For<br />

example, there are tourists who come on vacation <strong>and</strong> enjoy the experience <strong>of</strong><br />

going to the docks to buy shrimp, fish, or oysters directly <strong>of</strong>f the boat. If this<br />

experience is taken away, an important question is whether the tourist would<br />

continue to holiday in this region.<br />

viii

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