Surf and Turf: Tourists' Values for Multifunctional Working Landscapes and Water Quality in Colorado
Since the 1980s, nonmarket valuation methods have been used to estimate the value of farmland amenities to local residents. To date, most studies have focused on the value of farmland to local residents and have not addressed potential values that tourists may place on working landscapes when they v...
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Published in: | American journal of agricultural economics 2009-12, Vol.91 (5), p.1360-1367 |
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Main Authors: | , |
Format: | Article |
Language: | eng |
Subjects: | |
Online Access: | Get full text |
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Summary: | Since the 1980s, nonmarket valuation methods have been used to estimate the value of farmland amenities to local residents. To date, most studies have focused on the value of farmland to local residents and have not addressed potential values that tourists may place on working landscapes when they visit rural areas. This article addresses several issues that have previously been neglected in the farmland valuation literature. In the remainder of the article, the authors first describe the study area under consideration and the survey employed in this research. They then describe the nonmarket valuation methods and results. This is followed by a discussion of their modeling of the potential regional economic effects of different policy options for working landscape preservation using input-output analysis. The final section concludes and discusses the policy implications of this research. |
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ISSN: | 0002-9092 1467-8276 |