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A Synthesis of the Economic Values of Wilderness
Author(s) -
Thomas P. Holmes,
J.M. Bowker,
Jeffrey Englin,
Evan E. Hjerpe,
John B. Loomis,
Spencer Phillips,
Robert B. Richardson
Publication year - 2015
Publication title -
journal of forestry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.636
H-Index - 74
eISSN - 1938-3746
pISSN - 0022-1201
DOI - 10.5849/jof.14-136
Subject(s) - wilderness , visitor pattern , surprise , wilderness area , natural resource , economic impact analysis , value (mathematics) , geography , resource (disambiguation) , natural resource economics , environmental resource management , economic analysis , natural (archaeology) , economic evaluation , environmental science , economics , ecology , sociology , agricultural economics , archaeology , computer science , biology , computer network , communication , machine learning , microeconomics , programming language
Early applications of wilderness economic research demonstrated that the values of natural amenities and commodities produced from natural areas could be measured in commensurate terms. To the surprise of many, the economic values of wilderness protection often exceeded the potential commercial values that might result from resource extraction. Here, the concepts and tools used in the economic analysis of wilderness are described, and the wilderness economic literature is reviewed with a focus on understanding trends in use, value, and economic impacts. Although our review suggests that each of these factors is trending upward, variations in research methods plus large gaps in the literature limit understanding of long-run trends. However, as new data on wilderness use, visitor origins, and spatially referenced features of landscapes are becoming increasingly available, more robust economic analysis of both onsite and offsite wilderness economic values and impacts is now becoming possible.

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