Protecting the Booroolong Frog in the Namoi Catchment: A Cost-Benefit Analysis
AbstractThe Booroolong frog project in the Namoi Catchment represents an environmental investment to protect the species and around 10.7 kilometres of its habitat in the catchment. The project’s benefit-cost ratio (BCR) of 8.6 indicates that the benefits outweigh the costs by a significant margin. The measures introduced by landholders, at relatively low cost, should therefore result in a significant return on investment upon project completion in 10 years time. The benefits are estimated using a choice modelling study which was recently developed for the valuation of investment in natural resource management in the Namoi Catchment. As this is a largely ex ante cost-benefit analysis, the BCR is subject to uncertainty associated with assumptions which had to be made for some variables. However, sensitivity analysis indicates that the project benefits outweigh the costs by a significant margin even under conservative conditions.
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Bibliographic InfoPaper provided by Australian National University, Environmental Economics Research Hub in its series Research Reports with number 107851.
Date of creation: Mar 2011
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More information through EDIRC
Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Booroolong Frog; Namoi Catchment; Environmental Economics and Policy; Research Methods/ Statistical Methods;
Other versions of this item:
- Tertius Greyling & Jeff Bennett, 2011. "Protecting the Booroolong Frog in the Namoi Catchment: A Cost-Benefit Analysis," Environmental Economics Research Hub Research Reports 10101, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
- NEP-ALL-2011-07-02 (All new papers)
- NEP-ENV-2011-07-02 (Environmental Economics)
- NEP-PPM-2011-07-02 (Project, Program & Portfolio Management)
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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94813, Australian National University, Environmental Economics Research Hub.
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- Nick Hanley, 2001. "Cost - benefit analysis and environmental policymaking," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 19(1), pages 103-118, February.
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