filed under: economics of trails
by the Center for Urban Policy and the Environment
What determines the price of real estate? Location. Location. Location.
Published December 01, 2003
This study builds on previous NRPA research on the economic importance of local park and recreation agencies by exploring the role that quality park amenities play in 21st century regional economic development.
This 1997 paper estimates the value of a relatively new form of recreation: mountain biking. Its popularity has resulted in many documented conflicts, and its value must be estimated so an informed decision regarding trail allocation can be made. A travel cost model (TCM) is used to estimate the economic benefits, measured by consumer surplus, to the users of mountain bike trails near Moab, Utah.
Oakridge provides but one example of a rural community experiencing economic and social decline.
This study identifies the economic and health impacts of bicycling in Iowa.