This book provides the first comprehensive economic valuation of
U.S. National Parks (including monuments, seashores, lakeshores,
recreation areas, and historic sites) and National Park Service
(NPS) programs. The book develops a comprehensive framework to
calculate the economic value of protected areas, with particular
application to the U.S. National Park Service. The framework covers
many benefits provided by NPS units and programs, including on-site
visitation, carbon sequestration, and intellectual property such as
in education curricula and filming of movies/ TV shows, with case
studies of each included. Examples are drawn from studies in Santa
Monica Mountains National Recreation Area, Golden Gate National
Recreation Area, Everglades National Park, and Chesapeake Bay. The
editors conclude with a chapter on innovative approaches for
sustainable funding of the NPS in its second century. The framework
serves as a blueprint of methodologies for conservationists,
government agencies, land trusts, economists, and others to value
public lands, historical sites, and related programs, such as
education. The methodologies are relevant to local and state parks,
wildlife refuges, and protected areas in developed and developing
countries as well as to national parks around the world. Containing
a series of unique case studies, this book will be of great
interest to professionals and students in environmental economics,
land management, and nature conservation, as well as the more
general reader interested in National Parks.
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