According to a December 2006 analysis released by the National Parks Conservation Association, America's National Park System generates more than four dollars in value to the public for every tax dollar invested by the Federal Government.
NPCA contracted with independent economists Hardner & Gullison Associates, LLC, to produce this analysis: U.S. National Park System: An Economic Asset at Risk.
The assessment uses three approaches to measure the effect of national parks in our nation's economy: a) social cost-benefit analysis, the approach most often used by the Federal Government to assess the return on its investments; b) economic impact analysis, a method of determining how much value National Parks create for private sector businesses and their employees; and c) economic growth analysis, a comparison of changes in demographics, personal income, wages, and other indicators in localities near national parks versus other areas.
The results of these three approaches show that America's National Park System is an important economic asset. It generates more than four dollars in value to the public for every tax dollar invested by the Federal Government. In addition to that, National Parks support $13.3 billion of local private-sector economic activity and 267,000 private-sector jobs. National parks attract businesses and individuals to the local area, resulting in economic growth in areas near parks that is an average of one percent per year greater than statewide rates over the past three decades.
Click here to download the full report.