Abstract
An important consideration in the development of regulations and policies that administer natural resources in an area is the value of the non-market activities supported by those lands. Little attention has been paid to the aggregate value of large geographic areas. This analysis builds a utility-theoretic price index and utilizes this index to estimate an aggregate Poisson demand to value backcountry recreational hiking opportunities in northern California.
Original language | English (US) |
---|---|
Pages (from-to) | 217-226 |
Number of pages | 10 |
Journal | Environmental and Resource Economics |
Volume | 15 |
Issue number | 3 |
DOIs | |
State | Published - 2000 |
Externally published | Yes |
Keywords
- Aggregate demand
- Aggregate welfare
- Green accounting
- Non-market valuation
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law