Categories: General, Natural Resource Damages, Ecosystem Valuation, Recreation

Innovation and Welfare: Results from Joint Estimation of Production and Demand Functions

Abstract: This paper develops a simple framework to estimate the parameters of the production function together with the elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first pla… more »

Nature-Based Assets Generates Jobs, Wealth and Restoration of Multi-Trillion Dollar Services - UNEP Report-Dead Planet: Living Planet- Makes Economic Case for Repairing ... Natural World

Restoring lost and damaged ecosystems-from forests and freshwaters to mangroves and wetlands-can trigger multi-million dollar returns, generate jobs and combat poverty according to a new report compiled by the UN Environment Programme (UNEP).Launched… more »

The economic impact of tourism in six German national parks

Abstract: Tourism in protected areas can create considerable income for adjacent communities. Based on face-to-face visitor surveys, the present study measures the structure, size and economic impact of tourist expenditure in the six German national park… more »

Telework Improvements Act Could Save $10.7 Billion a Year - OMB estimate of $30 million cost over five years is less than half of a single snow day cost

On July 14, 2010 The Telework Improvements Act (H.R. 1722) passed the House of Representatives 290-131. The legislation directs the Office of Personnel Management to issue regulations on telework, and requires agencies to come up with policies that permi… more »

Policy Analysis with Incredible Certitude

Abstract: Analyses of public policy regularly express certitude about the consequences of alternative policy choices. Yet policy predictions often are fragile, with conclusions resting on critical unsupported assumptions. Then the certitude of policy ana… more »