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Working Paper
A park by any other name : national park designation as a natural experiment in signaling

Site designation by the National Park Service conveys a unique set of signals to information-constrained potential visitors. Changes in designation thus offer natural experiments to evaluate the signaling importance of names. This paper estimates the visitation effect of the conversion of National Monuments to National Parks through panel data analyses of the 8 designation changes that occurred between 1979 and 2000. These conversions have substantial and persistent effects on annual visitation, indicating that designation signals are indeed significant and credible. These signals appear to ...
Research Working Paper , Paper RWP 05-09

Working Paper
The impact of wildlife recreation on farmland values

Wildlife recreation ? hunting, fishing, and wildlife watching ? appears to be an increasingly important past time for many Americans as people continue to increase their spending on wildlife recreation. Land lease and ownership expenditures by wildlife recreation participants are rising and appear to be capitalized into farmland values. This paper analyzes the impact of hunting lease rates on farmland values in Texas. The results indicate that counties with higher wildlife recreation income streams have higher land values.
Research Working Paper , Paper RWP 05-10

Journal Article
Stand up and cheer

FRBSF Economic Letter

Journal Article
Sold! : James River islands auctioned

Econ Focus , Volume 9 , Issue Sum , Pages 8