A synthesis of the economic values of wilderness

Thomas P. Holmes, J. M. Bowker, Jeffrey Englin, Evan Hjerpe, John B. Loomis, Spencer Phillips, Robert Richardson

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

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.

Original languageEnglish (US)
Pages (from-to)320-328
Number of pages9
JournalJournal of Forestry
Volume114
Issue number3
DOIs
StatePublished - May 1 2016

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wilderness
economic valuation
synthesis
economic analysis
economics
economic impact
research method
amenity
commodity
research methods
products and commodities
resource
trend

Keywords

  • Economic impacts
  • Ecosystem services
  • Passive use value
  • Recreation use value

ASJC Scopus subject areas

  • Forestry
  • Plant Science

Cite this

Holmes, T. P., Bowker, J. M., Englin, J., Hjerpe, E., Loomis, J. B., Phillips, S., & Richardson, R. (2016). A synthesis of the economic values of wilderness. Journal of Forestry, 114(3), 320-328. https://doi.org/10.5849/jof.14-136

A synthesis of the economic values of wilderness. / Holmes, Thomas P.; Bowker, J. M.; Englin, Jeffrey; Hjerpe, Evan; Loomis, John B.; Phillips, Spencer; Richardson, Robert.

In: Journal of Forestry, Vol. 114, No. 3, 01.05.2016, p. 320-328.

Research output: Contribution to journalArticle

Holmes, TP, Bowker, JM, Englin, J, Hjerpe, E, Loomis, JB, Phillips, S & Richardson, R 2016, 'A synthesis of the economic values of wilderness', Journal of Forestry, vol. 114, no. 3, pp. 320-328. https://doi.org/10.5849/jof.14-136
Holmes TP, Bowker JM, Englin J, Hjerpe E, Loomis JB, Phillips S et al. A synthesis of the economic values of wilderness. Journal of Forestry. 2016 May 1;114(3):320-328. https://doi.org/10.5849/jof.14-136
Holmes, Thomas P. ; Bowker, J. M. ; Englin, Jeffrey ; Hjerpe, Evan ; Loomis, John B. ; Phillips, Spencer ; Richardson, Robert. / A synthesis of the economic values of wilderness. In: Journal of Forestry. 2016 ; Vol. 114, No. 3. pp. 320-328.
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