Difference between revisions of "Surfonomics"

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An under-appreciated aspect of surfing is the [http://www.surfline.com/surf-news/how-important-is-your-wave-to-your-local-economy-surf-econ-101_16834/ economic benefit] that surfing areas bring to beach communities. An estimate of the economic scale of the surfing industry, including travel, surf-branded clothing and the manufacture of surfboards, is on the order of $10 billion per year and reaches into most countries on the planet. While this is an impressive number, it is likely to significantly under-account for the total economic value of recreational surfing. Surfing represents a very profitable market, a growing industry, and a reason people move to coastal areas. Surfing plays a major part in the recreation and tourism strategies for many coastal locations. Any negative impact to the surfing amenity in these locations may have serious consequences for the resident surfing population, visitors to the area, the local surf industry and the entire local coastal economy.
 
An under-appreciated aspect of surfing is the [http://www.surfline.com/surf-news/how-important-is-your-wave-to-your-local-economy-surf-econ-101_16834/ economic benefit] that surfing areas bring to beach communities. An estimate of the economic scale of the surfing industry, including travel, surf-branded clothing and the manufacture of surfboards, is on the order of $10 billion per year and reaches into most countries on the planet. While this is an impressive number, it is likely to significantly under-account for the total economic value of recreational surfing. Surfing represents a very profitable market, a growing industry, and a reason people move to coastal areas. Surfing plays a major part in the recreation and tourism strategies for many coastal locations. Any negative impact to the surfing amenity in these locations may have serious consequences for the resident surfing population, visitors to the area, the local surf industry and the entire local coastal economy.
 
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The documented positive economic impact of visitors to surfing areas such as Trestles [http://surfeconomics.blogspot.com/2008/08/surfenomics-trestles-superbanks.html 1], [http://surfeconomics.blogspot.com/2007/10/what-is-your-urf-pot-worth.html 2], [http://www.surfrider.org/coastal-blog/entry/the-economics-of-surfing 3] in southern California; [http://surfeconomics.blogspot.com/2009/11/24-million-dollar-wave.html Mavericks] in central California; [http://surfeconomics.blogspot.com/2009/03/surfonomics-of-brevard-county-florida.html Brevard County, Florida]; [http://surfeconomics.blogspot.com/search?q=mundaka Mundaka in Spain]; and [http://surfeconomics.blogspot.com/search/label/australia along the Gold Coast in Australia]; and many other areas is substantial. A study of surfers visiting Trestles estimated a range for the annual economic impact to the city of San Clemente that could be from $8 to $13 million/year. To learn more, read Surfrider Foundation blog posts on [http://www.surfrider.org/coastal-blog/c/surf-economics surfonomics].
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The documented positive economic impact of visitors to surfing areas such as Trestles [http://surfeconomics.blogspot.com/2008/08/surfenomics-trestles-superbanks.html 1], [http://surfeconomics.blogspot.com/2007/10/what-is-your-urf-pot-worth.html 2], [http://www.surfrider.org/coastal-blog/entry/the-economics-of-surfing 3] in southern California; [http://surfeconomics.blogspot.com/2009/11/24-million-dollar-wave.html Mavericks] in central California; [http://surfeconomics.blogspot.com/2009/03/surfonomics-of-brevard-county-florida.html Brevard County, Florida]; [http://surfeconomics.blogspot.com/search?q=mundaka Mundaka in Spain]; [http://www.savethewaves.org/programs/surfonomics/surfonomics-sites/pichilemu-chile-2014/?utm_source=STW_Master+List&utm_campaign=aa68ea6c2b-July_2015_Newsletter7_29_2015&utm_medium=email&utm_term=0_a664827746-aa68ea6c2b-88597357 Pichilemu, Chile]; and [http://surfeconomics.blogspot.com/search/label/australia along the Gold Coast in Australia]; and many other areas is substantial. A study of surfers visiting Trestles estimated a range for the annual economic impact to the city of San Clemente that could be from $8 to $13 million/year. To learn more, read Surfrider Foundation blog posts on [http://www.surfrider.org/coastal-blog/c/surf-economics surfonomics].
 
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For a more detailed discussion of surfing and beach economics, see Dr. Chad Nelsen's [http://www.surfrider.org/pages/5063 Collecting & Using Economic Information to Guide the Management of Coastal Recreational Resources], the doctoral dissertation that he completed at UCLA in the Environmental Science and Engineering program in March 2012.
 
For a more detailed discussion of surfing and beach economics, see Dr. Chad Nelsen's [http://www.surfrider.org/pages/5063 Collecting & Using Economic Information to Guide the Management of Coastal Recreational Resources], the doctoral dissertation that he completed at UCLA in the Environmental Science and Engineering program in March 2012.
 
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Revision as of 13:43, 30 July 2015

SurfEcon Infrographic 500.jpg

Surf economics or 'Surf­onomics' is an offshoot of natural resource economics that seeks to quantify the worth of waves, both in terms of their value to surfers and businesses and their non-market value — or how much people would be willing to pay not to lose them.

An under-appreciated aspect of surfing is the economic benefit that surfing areas bring to beach communities. An estimate of the economic scale of the surfing industry, including travel, surf-branded clothing and the manufacture of surfboards, is on the order of $10 billion per year and reaches into most countries on the planet. While this is an impressive number, it is likely to significantly under-account for the total economic value of recreational surfing. Surfing represents a very profitable market, a growing industry, and a reason people move to coastal areas. Surfing plays a major part in the recreation and tourism strategies for many coastal locations. Any negative impact to the surfing amenity in these locations may have serious consequences for the resident surfing population, visitors to the area, the local surf industry and the entire local coastal economy.

The documented positive economic impact of visitors to surfing areas such as Trestles 1, 2, 3 in southern California; Mavericks in central California; Brevard County, Florida; Mundaka in Spain; Pichilemu, Chile; and along the Gold Coast in Australia; and many other areas is substantial. A study of surfers visiting Trestles estimated a range for the annual economic impact to the city of San Clemente that could be from $8 to $13 million/year. To learn more, read Surfrider Foundation blog posts on surfonomics.

For a more detailed discussion of surfing and beach economics, see Dr. Chad Nelsen's Collecting & Using Economic Information to Guide the Management of Coastal Recreational Resources, the doctoral dissertation that he completed at UCLA in the Environmental Science and Engineering program in March 2012.