An Assessment of the Economic Value of the Coastal Bay's Natural Resources to the Economy of Worcester County, Maryland  
(file name: cbassessment.pdf, 795KB)

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February, 2001                                                                                 NA87OZ0236

Project Summary

The objective of the study is to identify, characterize and quantify the "market" and "non-market" economic values of the the natural resources of the Coastal Bays to the economy of Worcester County. Market values are revealed by the cost of goods and services purchased by consumers. Non-market values are represented by the willingness of residents and visitors to the Coastal Bays to pay simply for the experience of an activity, or being on or near the Bays. The results form the study are intended to assist in planning and policy development that continues to be cognizant of the relationship between the economy and the environment.

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