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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
NO
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The procedures for determining the incremental impacts-due to the proposed critical habitat <br />designation were as follows. The adjusted direct economic impacts (due to listing only) were <br />input into the model stages. The models were run. The data yielded direct and indirect <br />economic impacts due to listing only. These results were then netted from the total (listing <br />plus proposed critical habitat) regional direct and indirect impacts presented in Chapters II-11 <br />and II-12, and the net national impacts presented in Chapter II-13. This process yielded the <br />incremental impacts associated with the proposed critical habitat designation. <br />B. State- and Regional-Level Economic Impacts <br />In this section, the results are organized by the major aggregate measures developed for the <br />models used in the analysis in this report: output, earnings, government revenues, and <br />employment. <br />1. Output <br />Table I-6-3 presents the State- and regional-level output impacts by State as well as for the <br />entire Basin. The data reported in the table are the discounted present values of the stream of <br />incremental output impacts associated with the proposed critical habitat designation.4 <br />Table I-6-3 illustrates the first conclusion that can be drawn. For the Colorado River Basin <br />as a whole, the overall impacts are clearly positive. The stream of impacts over the study <br />period (discounted at 3 percent to yield a present value) yields a positive impact of $167.20 <br />million for the Basin. <br />The remaining entries in Table I-6-3 demonstrate the second basic conclusion. The impacts <br />of the proposed critical habitat designation are not distributed evenly over the individual <br />States in the Basin. In fact, the total impacts range from a positive $262.60 million <br />(California) to a negative $63.39 million (Utah). <br />°The worth of a future stream of impacts expressed in terms of todays value. <br />I-31 <br />
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