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The forest products industry is an important component of local, state, regional, and national economies. Assessing the economic contributions of the forest products industry in the South, one of the leading timber producing region in the world, is crucial. Impact Analysis for Planning (IMPLAN),...
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Hunting, fishing and wildlife-associated recreation expenditures have played an important role in the U.S economy and help promote conservation and environmental goals. The 2006 U.S Fish and Wildlife Service (USFWS) survey reported 87.5 million people aged 16 and above participated in...
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The economic impact of wildlife-associated recreation in the Southeast United States was evaluated using a general equilibrium model. Exogenous demand shocks to the regional economy were based on estimates of expenditures by wildlife recreationists on hunting, fishing, and wildlife watching...
Persistent link: https://www.econbiz.de/10009645956
Hunting leases are impacting rural land values. Using land sales transactions in northern Mississippi, this study quantified how hunting lease income affects forestland value, while controlling for sale attributes, county attributes, and ecosystem differences. Estimation procedures included...
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Measurement efforts to reduce the uncertainty concerning the attributes of heterogeneous goods may simply redistribute wealth and result in social waste. Individuals bearing the cost of such distributional measurement have incentives to develop buying and selling practices that limit such...
Persistent link: https://www.econbiz.de/10014171677
Despite the fact that earnings associated with selling hunting leases could significantly contribute to landowners' incomes, only a small minority of them allow access on their lands for a fee. Based on a sample survey of Mississippi state landowners, we analyzed landowners' willingness to...
Persistent link: https://www.econbiz.de/10005803305
In the United States, the majority of publicly traded and vertically integrated forest firms with both manufacturing facilities and timberland holdings have either sold their timberlands to private investors, or converted their corporate structure into Real Estate Investment Trusts (REITs). In...
Persistent link: https://www.econbiz.de/10010603304