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Measuring the Economic Value of a City Park System
Cover Photos: Scott Parker (left), Nita Winter (right)
Measuring the Economic Value of a City Park System
Written by
Peter Harnik and Ben Welle
AdditionalAssistance by Linda S. Keenan
Produced under a grant from
The Graham Foundation for Advanced Studies in the Fine Arts, Chicago
The initial research that led to this report was funded by the U.S. Forest Service under an Innovation Grant from the National Urban and Community Forestry Advisory Council and by grants from the Barr Foundation and the Marpat Foundation.
© 2009 The Trust for Public Land
Table of Contents
Introduction i
Hedonic (Property) Value 1 Park Value in Action: Increasing Property Values in Washington, D.C.
Tourism Value 3 Park Value in Action: Stimulating Tourism in San Diego
Direct Use Value 5 Park Value in Action: Providing Direct Use Value in Boston
Health Value 7 Park Value in Action: Promoting Human Health in Sacramento
Community Cohesion Value 9 Park Value in Action: Stimulating Community Cohesion in Philadelphia
Reducing the Cost of Managing Urban Stormwater 11 Park Value in Action: Cutting Stormwater Costs in Philadelphia
Removal of Air Pollution byVegetation 13 Park Value in Action: Cutting Air Pollution Costs in Washington, D.C.
Conclusion 15
Appendices 16
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