The Economic Benefits of the National Parks and Park Programs

3
Measuring Total Economic Value of the National Parks Professor Linda J. Bilmes, Harvard University Professor John Loomis, Colorado State University

description

Measuring Total Economic Value of the National Parks Speaker: Linda Bilmes, Daniel Patrick Moynihan Senior Lecturer in Public Policy, Harvard University, John F. Kennedy School of Government America's Summit on National Parks, January 25, 2012, Washington DC

Transcript of The Economic Benefits of the National Parks and Park Programs

Page 1: The Economic Benefits of the National Parks and Park Programs

Measuring Total Economic Value of the National Parks

Professor Linda J. Bilmes, Harvard UniversityProfessor John Loomis, Colorado State University

Page 2: The Economic Benefits of the National Parks and Park Programs

Use Value

Existence Value

Bequest Value

Recreation benefits, environmental education; use value of drinking water from urban wetlands, etc

Benefit the current generation receives from knowing the NPS units, wildlife, scenic wonder, historical, cultural features, programs provided

Benefit the current generation receives from knowing that through preservation today, these NPS units and programs will be available to future generations

$2.8 bn NPS budget

PassiveUseValue

Page 3: The Economic Benefits of the National Parks and Park Programs

Proposed Methodology

Estimate of TEV of NPS units and

program

Comprehensive Literature Survey

National Survey of Representative US

Households to estimate TEV of NPS units and programs

Case Studies of Specific NPS units

and programs