TY - JOUR T1 - Efficiency and Equity of an Outdoor Recreation Equipment Tax to Fund Public Lands JF - Land Economics JO - Land Econ DO - 10.3368/le.98.3.090821-0108 SP - 090821-0108 AU - Margaret Walls AU - Matthew Ashenfarb Y1 - 2021/12/27 UR - http://le.uwpress.org/content/early/2021/12/15/le.98.3.090821-0108.abstract N2 - We analyze the efficiency and equity implications of a federal excise tax on outdoor recreation equipment for funding U.S. public lands. Using micro-data on consumer expenditures, we estimate a two-stage Quadratic Almost Ideal Demand System for recreation equipment and simulate the impacts of a 5 percent tax. The tax generates a modest welfare loss as a share of tax revenues raised—$0.04 for every $1 of revenue. It is approximately proportional to income, across the entire income distribution, but households in the lowest income quintile pay more as a share of income than households in the other four income quintiles. ER -