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

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

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.

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File URL: http://purl.umn.edu/120456
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Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 44 (2012)
Issue (Month): 01 (February)
Pages:

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Handle: RePEc:ags:joaaec:120456
Contact details of provider: Web page: http://www.saea.org/jaae/jaae.htm

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  1. 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).
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. Kilkenny, Maureen & Otto, Daniel, 1994. "General Equilibrium Perspective on Structural Change in the Rural Economy," Staff General Research Papers 10959, Iowa State University, Department of Economics.
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