A study by Michael Donihue, the Herbert E. Wadsworth Professor of Economics, was cited in a March 2 MaineBiz article about Maine’s lobster industry. The article, “Lobster landings drop 16% in 2017, value drops almost $100M,” includes numbers from Donihue’s recently released “groundbreaking study” done in conjunction with the Maine Lobster Dealers’ Association “that identifies for the first time the economic impact of the entire lobster supply food chain in Maine,” MaineBiz reports. His study “puts the economic impact of the lobster supply chain at $1 billion and states that it generates 4,000 jobs throughout Maine.”
Donihue is interviewed in this video, Lobsters to Dollars, produced by the Maine Lobster Dealer’s Association.
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