@article {1891,
	title = {Global economic value of shark ecotourism: implications for conservation},
	journal = {Oryx},
	year = {2013},
	month = {04/13},
	pages = {1 - 8},
	abstract = {Amid declining shark populations because of
overfishing, a burgeoning shark watching industry, already
well established in some locations, generates benefits from
shark protection. We compile reported economic benefits
at shark watching locations and use a meta-analytical
approach to estimate benefits at sites without available data.
Results suggest that, globally, c. 590,000 shark watchers
expend .USD 314 million per year, directly supporting
10,000 jobs. By comparison, the landed value of global shark
fisheries is currently c. USD 630 million and has been in
decline for most of the past decade. Based on current
observed trends, numbers of shark watchers could more
than double within the next 20 years, generating.USD780
million in tourist expenditures around the world. This
supports optimistic projections at new sites, including those
in an increasing number of shark sanctuaries established
primarily for shark conservation and enacted in recognition
of the ecological and economic importance of living sharks.},
	keywords = {economic value, fisheries, global, marine ecotourism, Ningaloo, shark conservation, Shark tourism},
	issn = {1365-3008},
	doi = {10.1017/S0030605312001718},
	url = {http://journals.cambridge.org/action/displayAbstract?fromPage=online\&aid=8912338\&fulltextType=RA\&fileId=S0030605312001718},
	author = {Cisneros-Montemayor, Andr{\'e}s M. and Barnes-Mauthe, Michele and Al-Abdulrazzak, Dalal and Navarro-Holm, Estrella and Sumaila, U. Rashid}
}
