ECONOMICS OF NATURAL ENVIRONMENT

The amenity resources of natural environments are put into an analytical framework comparable to that for the extractive resources. The models and theoretical background of the techniques are illustrated by case studies which include the controversial Hells Canyon dam, the Mineral King ski resort, and the Trans-Alaska pipeline. Resource development activities undertaken on public lands often receive financial advantages -- preferential tax treatment, subsidized capital, and access to public resources -- that are not taken into account in number the costs of the project. True evaluation of the costs and benefits of a development project often tips the balance in favor of preserving an area in a natural state.

  • Corporate Authors:

    Resources for the Future, Incorporated

    Johns Hopkins Press
    Baltimore, MD  United States  21218
  • Authors:
    • Krutilla, J V
    • Fisher, A C
  • Publication Date: 1975-1

Media Info

  • Pagination: 292 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00099702
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 5 1975 12:00AM