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Sep 23, 2019 · A new economic analysis of the U.S. National Park system puts its value to Americans at more than $100 billion, a figure that dwarfs the financially strapped agency’s $2.5 billion budget and underpins a call to change how what has been called “America’s Best Idea” is financed.
In macroeconomics, investment "consists of the additions to the nation's capital stock of buildings, equipment, software, and inventories during a year" [1] or, alternatively, investment spending — "spending on productive physical capital such as machinery and construction of buildings, and on changes to inventories — as part of total ...
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In this review, I survey the economics literature on national parks, focusing on four main topics: values and economic impacts of the parks, funding challenges, congestion and overcrowding, and resource management issues related mainly to climate change.
- Jobs
- National, Bipartisan Support
- Visitation Drives Economic Growth
Annually, the National Park Service employs over 21,000 people and oversees 221,000 volunteers who contribute about 6.4 million hours of service. However, this is just a fraction of the jobs that national parks support. In 2014, national parks generated nearly 277,000 private-sector jobs nationwide.
According to a recent poll, 9 out of 10 likely voters — Republicans, Democrats, and Independents — agree that funding for our national parks should not be further cut. The recent budget cuts impacting parks is why nearly 300 businesses wrote Congress and the President expressing their concern. It is also why both the National Association of Countie...
National parks are huge economic generators for their local gateway communities and the nation as a whole. Though the number of park units varies from state to state, the positive impacts can be substantial for local areas in each state.
Abstract. This paper studies the economic e¤ects of the US National Park System, the largest national conservation entity in the world. We assemble a new dataset on the history of the system, and show that parks increase overall employment and income in the local economy. The data allows us to study several speci c mechanisms.
NRPA's Economic Impact of Local Parks Report not only demonstrates that the nation's local parks generate more than $166 billion in economic activity per year and support more than 1.1 million jobs from operations and capital spending alone, but also highlights the significant economic contributions of local parks in all 50 states and the Distri...
May 31, 2022 · May 31, 2022. Local public park and recreation agencies in the United States generated nearly $218 billion in economic activity and supported almost 1.3 million jobs that boosted labor income by more than $68 billion from their operations and capital spending in 2019. Read The Executive Summary Report. https://www.nrpa.org/publications-research ...
