Contribution of the Ocean Sector to the United States Economy
Giulio Pontecorvo 1,
Maurice Wilkinson 1,
Ronald Anderson 2, and
Michael Holdowsky 3
1 Professors at the Graduate School of Business Columbia University, New York 10027
2 Assistant professor at the Graduate School of Business Columbia University, New York 10027
3 Doctoral candidate in economics, Columbia University, New York 10027
The national income accounts have been reorganized to estimate the contribution to the gross national product of the ocean sector and its various subsectors for the year 1972. The new account is the first within the national income accounts to be organized along geographic, rather than productive, sectors. If properly updated and disseminated, this new account will give government and business interests a solid and consistent data base to measure, and choose among, the alternative uses of the oceans.