Coastal News Today | World - Surf economics: what is the value of a wave?
In search of perfect waves, surfers travel all around the world and engage with thousands of coastal communities all-year-round. The concept of surf economics - also known as surfonomics - has been used by environmental, surf-related non-governmental organizations (NGO) like Save The Waves Coalition and Surfrider Foundation to evaluate economic benefits derived from surfing. The analysis always takes into consideration the increasing number of harmful coastal developments and pollution events that threaten surf spots. Surf economics quantifies the economic benefits that surf tourism brings to...