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The Value of Native Biodiversity Enhancement in New Zealand: A Case Study of the Greater Wellington Area

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Author Info

  • Pamela Kaval

    ()
    (University of Waikato)

  • Richard Yao
  • Terry Parminter

Abstract

New Zealand’s biodiversity consists of over 80,000 native plants, animals and fungi, many of which are indigenous and located on private property. To enhance native biodiversity and discourage activities that may deplete it, policies can be introduced that can encourage individual self-interest to coincide with social interest. Economic values for biodiversity can help to determine the best policy tools to use. In this project, we surveyed Greater Wellington Region households to determine their biodiversity enhancement values using the contingent valuation approach. Greater Wellington respondents placed a significant value on both private land biodiversity as well as public land biodiversity.

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File URL: ftp://mngt.waikato.ac.nz/RePEc/wai/econwp/0722.pdf
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Bibliographic Info

Paper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 07/22.

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Length: 16 pages
Date of creation: 06 Nov 2007
Date of revision:
Handle: RePEc:wai:econwp:07/22

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Keywords: biodiversity; non-market valuation; native species; private landholders; New Zealand;

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Cited by:
  1. Dikgang, Johane & Muchapondwa, Edwin, 2012. "The Valuation of Biodiversity Conservation by the South African Khomani San “Bushmen” Community," Discussion Papers, Resources For the Future dp-12-10-efd, Resources For the Future.

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