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Title: Economic Impact of Wildlife-Associated Recreation Expenditures in the Southeast United States: A General Equilibrium Analysis
Authors: Hussain, Anwar
Munn, Ian A.
Holland, David W.
Armstrong, James
Spurlock, Stanley R.
Keywords: general equilibrium modeling
input-output analysis
regional economic impact
wildlife-associated recreation activities
JEL Codes: R13
Issue Date: 2012-02
Abstract: 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 activities. Counterfactual simulations were carried out, making alternative assumptions about labor and capital mobility and their supply. Without wildlife-associated recreation expenditures, regional employment would have been smaller by up to 783 thousand jobs, and value added would have been $22 to $48 billion less. These findings underscore the significance of regional factor market conditions in economic impact and general equilibrium analysis.
Institution/Association: Journal of Agricultural and Applied Economics> Volume 44, Number 01, February 2012
Total Pages: 20
From Page: 63
To Page: 82
Collections:Volume 44, Number 01, February 2012

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