"Putting a Value on State Parks"
Return on investment:
Each year, more than 700 million visits are made to America’s 6,600 state parks. ... Using conventional economic approaches to estimate the value of recreation time combined with relatively conservative assumptions, the estimated an annual contribution of the state park system is around $14 billion. That value is considerably larger than the annual operation and management costs of state parks.
That's "about $62 per person annually, on average." More here.
Posted by Mark Thoma on Tuesday, February 28, 2012 at 12:15 AM in Economics |
Permalink
Comments (9)
Recent Posts
New Comments
Follow on Twitter
Friend on Facebook
Blog Feed on Tumblr
Email, Web Pages
New Links