Costs of Endangered Species Protection on Public Lands: Evidence from Cape Hatteras National Seashore

Steven J. Dundas, Roger von Haefen and Carol Mansfield

No 264978, CEnREP Working Papers from North Carolina State University, Department of Agricultural and Resource Economics

Abstract: Management of public lands often involves competing uses and difficult tradeoffs. Here we examine the implications of a direct federal land use conflict in Cape Hatteras National Seashore: off-road vehicle (ORV) access and endangered species protection. Results from a repeated discrete choice model of recreational angler behavior suggest that the economic costs of access restrictions are relatively modest, ranging from $403,000 to $2.07 million annually. Our results provide general support for the National Park Service’s recently implemented ORV management plan, as the upper bound of recreation losses is less than a conservative estimate of the benefits of protecting coastal biodiversity.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 57
Date: 2016-11-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nccewp:264978

DOI: 10.22004/ag.econ.264978

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