In the primary nonresidential expenditure model, income, ethnicity, private or public lands, and forest lands had a significant effect on nonconsumptive wildlife recreation expenditures.
As a telecommuter, you may have extra expenses, such as the purchase of computer equipment, special insurance to cover household items for business use.
While the market value of a shiftable capital good may exceed its reproduction cost temporarily, the value of capital, in a particular location, can remain permanently below its reproduction cost.