Financing Outdoor Recreation / H. Spencer Banzhaf, V. Kerry Smith.

Format:

Book

Author/Creator:

Banzhaf, H. Spencer.

Contributor:

National Bureau of Economic Research.

Smith, V. Kerry.

Series:

Working Paper Series (National Bureau of Economic Research) no. w27541.

NBER working paper series no. w27541

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2020.

Summary:

The National Park Service and other agencies have argued that our recreation lands face a crisis of deferred maintenance. This paper evaluates two proposals for funding public lands, increasing gate fees and taxing recreational gear. It analyzes the joint welfare effects of such taxes and the services supported by the revenue. It shows that when the taxed goods and the public service are "weak complements," there is a simple sufficient statistic determining whether the joint effect increases welfare both for consumers and sellers: Namely, the demand for the taxed good increases. The paper illustrates these results with data for recreational services.

Notes:

Print version record

July 2020.