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 journalReview article

11 Scopus citations

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

Keywords

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

ASJC Scopus subject areas

  • Forestry
  • Plant Science

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    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