In the years immediately following the oil spill, the governments funded several studies to evaluate the economic effects of the spill. The five studies funded by the State of Alaska are:
The studies of sportfishing activity and tourism indicators (vacation planning, visitor spending, and canceled bookings) all indicated decreases in recreation/tourism activity. The contingent valuation study estimated the lost passive use value at $2.8 billion. The replacement cost study identified a per-unit replacement cost of various seabirds and mammals, as well as eagles.