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Last modified
8/11/2009 11:32:57 AM
Creation date
8/10/2009 4:48:40 PM
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UCREFRP
UCREFRP Catalog Number
8169a
Author
Brookshire, D. S., M. McKee and G. Watts.
Title
Draft Economic Analysis of Proposed Critical Habitat Designation in the Colorado River Basin for the Razorback Sucker, Humpback Chub, Colorado Squawfish, and Bonytail.
USFW Year
1993.
USFW - Doc Type
\
Copyright Material
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are projected to grow by $5.2 million, employment is projected to increase by 230 jobs, and <br />government revenues are projected to grow by $2.06 million. For Scenario B2, there would <br />be an increase in output of $0.09 million, an increase in employment of 50 jobs, an increase <br />in earnings of $0.30 million, an increase in government revenues by $0.01 million. As <br />before, Scenarios A2 and B2 provide a set of extremes. <br />If it can be assumed that the adjustments to the national economy represented by these <br />scenazios are permanent, then the present value and annualized values reporting the national <br />economic impacts can be estimated for the study period. Tables I-E-4 and I-E-S present these <br />estimates. For output, the discounted present value (3 percent) ranges from $75.46 million <br />for Scenario A 1 to -$66.89 million for Scenario B 1 (see Table I-E-4). <br />Table I-E-S reports the results for Scenarios A2 and B2. Under Scenario A2 the present <br />value (3 percent) of the output increase is projected to be $94.30 million. Earnings aze <br />projected to increase by $92.90 million and government revenue $36.11 million. <br />Alternatively, for Scenario B2 the growth in ouput, earnings, and government revenues are <br />projected to be $15.78 million, $7.01 million and $11.39 million, respectively. The range of <br />the annualized values (3 percent) for output is from $4.72 million (Scenario A2) to $0.79 <br />million (Scenario B2). If the direct impacts to the recreation sector within the Colorado River <br />Basin region are offset by substitution to other recreational activities outside the region, then <br />the overall national economic impact of the with fish scenario is positive. <br />xi <br />
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