Total Economic Valuation of the National Park Service Lands and Programs: Results of a Survey of the American Public

48 Pages Posted: 12 Aug 2016 Last revised: 13 Aug 2016

See all articles by Michelle Haefele

Michelle Haefele

Colorado State University, Fort Collins - Department of Agriculture and Resource Economics

John B. Loomis

Colorado State University, Fort Collins - Department of Agriculture and Resource Economics

Linda Bilmes

Harvard University - Harvard Kennedy School (HKS)

Date Written: June 28, 2016

Abstract

This paper presents the first-ever comprehensive estimate of the total economic value of the National Parks Service. The estimate covers administered lands, waters, and historic sites as well as NPS programs, which include protection of natural landmarks and historic sites, partnerships with local communities, recreational activities and educational programs.

Our estimate of the total economic value to the American public is $92 billion. Two-thirds of this total ($62 billion) is for National Park lands, waters and historic sites; the remaining $30 billion is attributed to NPS Programs. The estimate, which is based on very conservative assumptions, includes not only the value attributed by visitors to the parks, but also a significant “non-use” or “existence” value. This is the value derived by the public from simply knowing that NPS assets are protected for current and future generations, regardless of whether or not they actually choose to visit.

Suggested Citation

Haefele, Michelle and Loomis, John B. and Bilmes, Linda, Total Economic Valuation of the National Park Service Lands and Programs: Results of a Survey of the American Public (June 28, 2016). HKS Working Paper No. 16-024, Available at SSRN: https://ssrn.com/abstract=2821124 or http://dx.doi.org/10.2139/ssrn.2821124

Michelle Haefele

Colorado State University, Fort Collins - Department of Agriculture and Resource Economics ( email )

Fort Collins, CO 80523
United States

John B. Loomis

Colorado State University, Fort Collins - Department of Agriculture and Resource Economics ( email )

B310 Andrew G. Clark
Fort Collins, CO 80523
United States
970-491-2485 (Phone)

Linda Bilmes (Contact Author)

Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States
617-495-4753 (Phone)
617-496-2554 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
247
Abstract Views
1,250
rank
140,965
PlumX Metrics