Prospects For Contingent Valuation: Lessons From The South-East Forests
AbstractThe Contingent Valuation Method (CVM) has been strongly criticised in Australia following two prominent applications. The aims in this paper are to review these criticisms and to demonstrate how, through an application of the method, these potential problems were addressed. The results of the application - a valuation of the conservation benefits of the National Estate forests of Southeastern Australia - are presented. A key feature of the application was the use of focus group testing in the questionnaire design phase. Finally, an assessment is made of the future prospects for the use of the CVM in Australia.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural Economics.
Volume (Year): 37 (1993)
Issue (Month): 02 (August)
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Other versions of this item:
- Jeffrey W. Bennett & M. Carter, 1993. "Prospects For Contingent Valuation: Lessons From The South‐East Forests," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 37(2), pages 79-93, 08.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Smith, V. Kerry, 1992. "Arbitrary values, good causes, and premature verdicts," Journal of Environmental Economics and Management, Elsevier, vol. 22(1), pages 71-89, January.
- Godden, David P. & Skellern, Matthew, 2006. "Natural Resources and the Environment," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 137772, Australian Agricultural and Resource Economics Society.
- Blamey, Russell K. & Common, Mick S. & Quiggin, John C., 1995.
"Respondents To Contingent Valuation Surveys: Consumers Or Citizens?,"
Australian Journal of Agricultural Economics,
Australian Agricultural and Resource Economics Society, vol. 39(03), December.
- R.K. Blamey & Mick S. Common & John C. Quiggin, 1995. "Respondents To Contingent Valuation Surveys: Consumers Or Citizens?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 39(3), pages 263-288, December.
- Lockwood, Michael & Carberry, David, 1999. "Stated preference surveys of remnant native vegetation conservation," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 123831, Australian Agricultural and Resource Economics Society.
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