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How Valuable are National Parks? Evidence from a Proposed National Park Expansion in Alaska

Listed author(s):
  • Michael Spanbauer

    ()

    (Department of Economics, Tulane University)

  • Lindsay Johnson

    ()

    (KIPP McDonogh 15 School for the Creative Arts)

  • Patrick Button

    ()

    (Department of Economics, Tulane University)

We estimate the national average passive use value for Alaskan National Parks. Passive use refers to the value that individuals get from the existence of a public good without actually using it. We field a questionnaire asking respondents, using the contingent valuation method, how much they would pay for a 5% expansion of Denali National Park. We find that respondents are willing to pay $115 to $409 for this expansion, according our preferred specifications. Respondents answers to questions about what motivated their support and questions about their connections to Alaska indicate that support for the expansion is driven by passive use values.

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File URL: http://econ.tulane.edu/RePEc/pdf/tul1707.pdf
File Function: First Version, Jul 2017
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Paper provided by Tulane University, Department of Economics in its series Working Papers with number 1707.

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Date of creation: Jul 2017
Handle: RePEc:tul:wpaper:1707
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  1. Hadker, Nandini & Sharma, Sudhir & David, Ashish & Muraleedharan, T. R., 1997. "Willingness-to-pay for Borivli National Park: evidence from a Contingent Valuation," Ecological Economics, Elsevier, vol. 21(2), pages 105-122, May.
  2. Richard T. Carson, 1997. "Contingent Valuation: Theoretical Advances and Empirical Tests Since the NOAA Panel," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1501-1507.
  3. Cawley, John, 2008. "Contingent valuation analysis of willingness to pay to reduce childhood obesity," Economics & Human Biology, Elsevier, vol. 6(2), pages 281-292, July.
  4. Bateman, Ian J. & Willis, Kenneth G. (ed.), 2001. "Valuing Environmental Preferences: Theory and Practice of the Contingent Valuation Method in the US, EU , and developing Countries," OUP Catalogue, Oxford University Press, number 9780199248919.
  5. Diamond, Peter, 1996. "Testing the Internal Consistency of Contingent Valuation Surveys," Journal of Environmental Economics and Management, Elsevier, vol. 30(3), pages 337-347, May.
  6. Hanley, Nick & Craig, Stephen, 1991. "Wilderness development decisions and the Krutilla-Fisher model: The case of Scotland's 'flow country'," Ecological Economics, Elsevier, vol. 4(2), pages 145-164, November.
  7. John P. Hoehn, 1991. "Valuing the Multidimensional Impacts of Environmental Policy: Theory and Methods," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 289-299.
  8. Amigues, Jean-Pierre & Boulatoff (Broadhead), Catherine & Desaigues, Brigitte & Gauthier, Caroline & Keith, John E., 2002. "The benefits and costs of riparian analysis habitat preservation: a willingness to accept/willingness to pay contingent valuation approach," Ecological Economics, Elsevier, vol. 43(1), pages 17-31, November.
  9. Bruce K. Johnson & John C. Whitehead & Daniel S. Mason & Gordon J. Walker, 2012. "Willingness to Pay for Downtown Public Goods Generated by Large, Sports-Anchored Development Projects: The CVM Approach," Working Papers 12-01, Department of Economics, Appalachian State University.
  10. John C. Whitehead & Timothy C. Haab & Ju-Chin Huang, 1998. "Part-Whole Bias in Contingent Valuation: Will Scope Effects Be Detected with Inexpensive Survey Methods?," Southern Economic Journal, Southern Economic Association, vol. 65(1), pages 160-168, July.
  11. Jerry Hausman, 2012. "Contingent Valuation: From Dubious to Hopeless," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 43-56, Fall.
  12. Stanislav Kolenikov, 2014. "Calibrating survey data using iterative proportional fitting (raking)," Stata Journal, StataCorp LP, vol. 14(1), pages 22-59, March.
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