filed under: economics of trails
The analysis indicates that the nearly $1.7 million in spending conducted by the Hatfield-McCoy Trails for day-to-day operations generated an additional $1.6 million in economic activity within the State, for a total operational impact of $3.3 million. Even more notably, the Hatfield-McCoy Trails bring non-local visitors to the area whose spending is estimated to generate an additional $19 million in economic activity in West Virginia. Together, the total estimated economic impact of the Hatfield-McCoy Trails is more than $22 million.
Published July 11, 2014
A trail need not be over 100 miles in length to become a travel destination. Plenty of people desire shorter trail experiences and are willing to design a trip around them just the same.
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.