IDEAS home Printed from https://ideas.repec.org/a/ags/wjagec/32475.html
   My bibliography  Save this article

Economic Efficiency Analysis, Bureaucrats, And Budgets: A Test Of Hypotheses

Author

Listed:
  • Loomis, John B.

Abstract

Economic efficiency has become more visible in national forest plans because of new planning regulations implemented by the Reagan administration. This paper investigates economic efficiency analyses and whether such information influences U.S. Forest Service decisions. The findings indicate that there are substantial errors in estimates of the net present value of wilderness and that there is no association between the sign of net present value and decision makers' recommendations about wilderness designation. These findings are consistent with the hypothesis that an economic efficiency information requirement will not insure its use in decision making unless the incentives facing managers change.

Suggested Citation

  • Loomis, John B., 1987. "Economic Efficiency Analysis, Bureaucrats, And Budgets: A Test Of Hypotheses," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(01), pages 1-8, July.
    • Handle: RePEc:ags:wjagec:32475
    DOI: 10.22004/ag.econ.32475
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/32475/files/12010027.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.32475?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Randy T. Simmons & William C. Mitchell, 1984. "Politics And The New Resource Economics," Contemporary Economic Policy, Western Economic Association International, vol. 2(5), pages 1-13, March.
    2. William F. Hyde, 1981. "Timber Economics in the Rockies: Efficiency and Management Options," Land Economics, University of Wisconsin Press, vol. 57(4), pages 630-638.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Crone, Lisa & Tschirhart, John, 1998. "Separating economic from political influences on government decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 35(4), pages 405-425, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gardner, B. Delworth, 1997. "The Political Economy Of Public Land Use," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(01), pages 1-18, July.
    2. C. Price, 1991. "Do High Discount Rates Destroy Tropical Forests," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(1), pages 77-85, January.

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wjagec:32475. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.
    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy