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
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The Economic Benefits of the National Parks and Park Programs
1. Measuring Total Economic Value
of the National Parks
Professor Linda J. Bilmes, Harvard University
Professor John Loomis, Colorado State University
2. $2.8 bn NPS Recreation
budget Use Value benefits, environmental
education; use value of
drinking water from urban
wetlands, etc
Existence Value
Benefit the current generation receives from knowing the NPS units, Passive
wildlife, scenic wonder, historical, cultural features, programs provided Use
Value
Bequest Value
Benefit the current generation receives from knowing that through preservation
today, these NPS units and programs will be available to future generations
3. Proposed Methodology
National Survey of
Representative US
Households to
estimate TEV of NPS
units and programs
Comprehensive Case Studies of
Literature Specific NPS units
Survey and programs
Estimate of
TEV of NPS
units and
program