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Comparing Estimates of Market and Nonmarket Values for Products of a Given Land Base (Classic Reprint): March, 1978: March, 1978 (Classic Reprint) - Softcover

William E. Martin

 
9780428713089: Comparing Estimates of Market and Nonmarket Values for Products of a Given Land Base (Classic Reprint): March, 1978: March, 1978 (Classic Reprint)

Synopsis

How Arizona’s land yields value—for beef and for hunters—and who gains from it
This study examines how land used for beef calf production and hunting in Arizona creates value both in markets and in nonmarket benefits. It compares the economic worth of cattle ranching to hunting, showing how each activity adds to society and how the benefits are distributed among producers and consumers.

- Understand the idea of consumers’ surplus and producers’ surplus in real-world land use
- See how the value per land unit differs between beef production and hunting
- Learn how changes in land use could shift who gains and who bears the costs
- Explore how potential compensation might balance benefits across groups

Ideal for readers interested in environmental economics, public policy, or land use planning, this edition helps unpack complex ideas with concrete numbers and regional context.

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