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The Economics Of The Audubon Society's Sanctuary Program For Golf Courses, Dan Hyszczak Aug 2015

The Economics Of The Audubon Society's Sanctuary Program For Golf Courses, Dan Hyszczak

Journal of Environmental and Resource Economics at Colby

Millions of people play golf every year, and in 2011 Golf Courses gained $22 billion dollars in revenue. This statistic combined with golf’s inherent place in the natural environment lead to questions of value and development for golf course owners. In 1991, The Audubon Society created their Cooperative Sanctuary Program for Golf Courses (ACSP) to promote environmentally sustainable practices for golf courses and to recognize the courses that are the most environmentally in both the United States and around the world.

This paper builds off of prior research that connects golf course beauty with revenue by examining the effects of …