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External benefits of natural environmentsAuthor(s): Larry W. Tombaugh
Source: In: Larson, E.vH., ed. The Forest Recreation Symposium. State University of New York College of Forestry; 1971 October 12-14: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 73-77.
Publication Series: Other
Station: Northern Research Station
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DescriptionExisting methods of assessing economic benefits arising from certain physical environments left in a relatively natural condition do not include estimates of external benefits. Existence value is one such external benefit that accrues to individuals who have no intention of ever visiting the area in question. A partial measure of the existence value of National Parks has been found. Additional research in this area should yield information important to land-use decision making.
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CitationTombaugh, Larry W. 1971. External benefits of natural environments. In: Larson, E.vH., ed. The Forest Recreation Symposium. State University of New York College of Forestry; 1971 October 12-14: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 73-77.
- Estimation of nonmarket benefits of agricultural land retention in Eastern Canada
- Examining incentives for adjacent non-industrial private forest landowners to cooperate
- The natural ecological value of wilderness
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