Printer Friendly

Study says money grows on Denali trees.

The nonpartisan National Parks Conservation Association (NPCA) recently released a new economic analysis that shows Denali National Park and Preserve provides more than 500 local, non-National Park Service jobs and returns 1.5 times what the federal government invests in the park to Alaska's state and local economies.

"We've always known that Denali is a great place to take friends and relatives-now we can see that Denali also is a powerful engine for local communities by providing much-needed employment, tax revenue for local schools, and support for local businesses," said NPCA Alaska Regional Director Jim Stratton.

The report, U.S. National Park System: An Economic Asset at Risk, produced for NPCA by independent economists Hardner & Gullison Associates LLC, shows that the U.S. National Park System generates at least $4 for state and local economies in return for every one tax dollar invested in the national parks' annual budget.

The report relies on a cost-benefit analysis methodology developed by the federal government under the Reagan Administration; economic impact analysis; and economic growth analysis. Through system-wide analysis and the study of 12 individual parks, the report shows that the National Park System, including parks such as Denali, play a major role in attracting and sustaining local businesses and communities in areas near parks. According to the report, Denali generates $20 million in annual recreational benefits while its annual budget is just $14 million. Visitors generate nearly $23 million annually in local revenue while supporting more than 500 local jobs (non-park staff).
COPYRIGHT 2007 Alaska Business Publishing Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:PARKS
Comment:Study says money grows on Denali trees.(PARKS)
Publication:Alaska Business Monthly
Date:Mar 1, 2007
Words:250
Previous Article:'Anchorage big wild life,' brand unveiled.
Next Article:New long-term hospital opens doors.
Topics:


Related Articles
Cliffhanger: who should pay for search-and-rescue costs in National Parks?
Parks in peril: are we loving our national parks to death?
Vacationing at Denali.
ORV Restrictions Bush-Whacked?
Summer visitors flock to Denali National Park: now is the best time of year to visit this beautiful preserve.
ACF.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters