The total economic value of the National Park Service : a contingent valuation method analysis
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This thesis estimates the total economic value (TEV) of avoiding up to 40% cuts to the National Park Service (NPS) park lands and NPS programs. TEV is made up of visitor use and nonuse values (existence can bequest values). We use a Contingent Valuation Method (CVM) survey to estimate benefits generated by the NPS, from a nationwide perspective. Thus, in order to estimate the TEV of the NPS, we use the Turnbull estimator and a logit regression to estimate household-level willingness to pay (WTP) from the data collected in the CVM survey. This study, by nature, is a benefit analysis. It uses ...