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Title: A Synthesis of the Economic Values of Wilderness

Author: Holmes, Tom; Bowker, Michael; Englin, Jeffrey; Hjerpe, Evan; Loomis, John B.; Phillips, Spencer; Richardson, Robert;

Date: 2015

Source: Journal of Forestry

Publication Series: Scientific Journal (JRNL)

Description: Early applications of wilderness economic research demonstrated that the values of natural amenities and commodities produced from natural areas could be measured in commensurate terms. To the surprise of many, the economic values of wilderness protection often exceeded the potential commercial values that might result from resource extraction. Here, the concepts and tools used in the economic analysis of wilderness are described, and the wilderness economic literature is reviewed with a focus on understanding trends in use, value, and economic impacts. Although our review suggests that each of these factors is trending upward, variations in research methods plus large gaps in the literature limit understanding of long-run trends. However, as new data on wilderness use, visitor origins, and spatially referenced features of landscapes are becoming increasingly available, more robust economic analysis of both onsite and offsite wilderness economic values and impacts is now becoming possible.

Keywords: recreation use value, passive use value, ecosystem services, economic impacts

Publication Notes:

  • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
  • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

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Citation:


Holmes, Thomas P.; Bowker, J.M.; Englin, Jeffrey; Hjerpe, Evan; Loomis, John B.; Phillips, Spencer; Richardson, Robert 2015. A Synthesis of the Economic Values of Wilderness. Journal of Forestry 114:

 


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