IDEAS home Printed from https://ideas.repec.org/a/ags/joaaec/120456.html
   My bibliography  Save this article

Economic Impact of Wildlife-Associated Recreation Expenditures in the Southeast United States: A General Equilibrium Analysis

Author

Listed:
  • Hussain, Anwar
  • Munn, Ian A.
  • Holland, David W.
  • Armstrong, James
  • Spurlock, Stanley R.

Abstract

The economic impact of wildlife-associated recreation in the Southeast United States was evaluated using a general equilibrium model. Exogenous demand shocks to the regional economy were based on estimates of expenditures by wildlife recreationists on hunting, fishing, and wildlife watching activities. Counterfactual simulations were carried out, making alternative assumptions about labor and capital mobility and their supply. Without wildlife-associated recreation expenditures, regional employment would have been smaller by up to 783 thousand jobs, and value added would have been $22 to $48 billion less. These findings underscore the significance of regional factor market conditions in economic impact and general equilibrium analysis.

Suggested Citation

  • Hussain, Anwar & Munn, Ian A. & Holland, David W. & Armstrong, James & Spurlock, Stanley R., 2012. "Economic Impact of Wildlife-Associated Recreation Expenditures in the Southeast United States: A General Equilibrium Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(01), February.
  • Handle: RePEc:ags:joaaec:120456
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/120456
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Andrew J. Cassey & David W. Holland & Abdul Razack, 2011. "Comparing the Economic Impact of an Export Shock in Two Modeling Frameworks," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(4), pages 623-638.
    2. Robinson, Sherman & Yunez-Naude, Antonio & Hinojosa-Ojeda, Raul & Lewis, Jeffrey D. & Devarajan, Shantayanan, 1999. "From stylized to applied models:: Building multisector CGE models for policy analysis," The North American Journal of Economics and Finance, Elsevier, vol. 10(1), pages 5-38.
    3. Maureen Kilkenny & Daniel Otto, 1994. "A General Equilibrium Perspective on Structural Change in the Rural Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(5), pages 1130-1137.
    4. James Andrew Giesecke, 2011. "Development of a Large-scale Single US Region CGE Model using IMPLAN Data: A Los Angeles County Example with a Productivity Shock Application," Spatial Economic Analysis, Taylor & Francis Journals, vol. 6(3), pages 331-350, April.
    5. Bockstael, Nancy E. & McConnell, Kenneth E., 1981. "Theory and estimation of the household production function for wildlife recreation," Journal of Environmental Economics and Management, Elsevier, vol. 8(3), pages 199-214, September.
    6. Thurlow, James & van Seventer, Dirk Ernst, 2002. "A standard computable general equilibrium model for South Africa," TMD discussion papers 100, International Food Policy Research Institute (IFPRI).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anwar Hussain & Ian A. Munn & Jerry Brashier & W. Daryl Jones & James E. Henderson, 2013. "Capitalization of Hunting Lease Income into Northern Mississippi Forestland Values," Land Economics, University of Wisconsin Press, vol. 89(1), pages 137-153.
    2. Barnes, Kenneth R. & Franken, Jason R. & Wolfskill, L.A. & Nair, Shyam S. & Mills, Foy D. Jr. & Ullrich, Doug R., 2016. "White-tailed Deer Semen Auction Data: A Hedonic Analysis," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230022, Southern Agricultural Economics Association.
    3. Poudel, Jagdish & Munn, Ian A. & Henderson, James E., 2013. "Economic Impact of Hunting Expenditures on Southern U.S," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142560, Southern Agricultural Economics Association.
    4. Mutandwa, Edward & Grala, Robert K. & Grebner, Donald L., 2016. "Family forest land availability for the production of ecosystem services in Mississippi, United States," Forest Policy and Economics, Elsevier, vol. 73(C), pages 18-24.

    More about this item

    Keywords

    general equilibrium modeling; input-output analysis; regional economic impact; wildlife-associated recreation activities; Resource /Energy Economics and Policy; R13; R15; Q26;

    JEL classification:

    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:120456. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/saeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.