Economic valuation of alternative land uses in a state park

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• 作者：Omkar Joshi^a ; ^{Omkar.joshi@okstate.edu} ; Neelam C. Poudyal^b ; ^{npoudyal@utk.edu} ; Donald G. Hodges^b ; ^{dhodges2@utk.edu}
• 关键词：Benefit-cost ; Land use ; Opportunity cost ; Sensitivity analysis ; Net present value
• 刊名：Land Use Policy
• 出版年：2017
• 出版时间：February 2017
• 年：2017
• 卷：61
• 期：Complete
• 页码：80-85
• 全文大小：472 K
• 卷排序：61

文摘

The article highlights the issue of budget crisis in state parks in United States. This study compares recreational use value of state park to the economic costs and benefits of lost timber revenues. Study results suggest that total economic benefits of using this land as a state park exceeded the operating costs of park by a factor of ten.