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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

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

Find related papers by JEL classification:
Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting
Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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This page was last updated on 2009-10-31.

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