Evaluating the Welfare Effects of Biodiversity on Private Lands: A Choice Modelling Application
AbstractBiodiversity loss is a global problem, especially in reference to private lands. In response, we investigated whether private land biodiversity may be attained by developing incentives which include funding landholders through the provision of native trees to enhance biodiversity on their own properties. Using choice modelling, we tested this hypothesis. A typical respondent was found to be better off, in terms of welfare, if there was a biodiversity enhancing scheme in their locality. We also found that respondents in the upper northern regions of New Zealand were relatively more receptive in supporting biodiversity enhancement programmes on their properties, compared to those residing in the southern regions of the country.
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Bibliographic InfoPaper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 09/04.
Length: 20 pages
Date of creation: 31 Mar 2009
Date of revision:
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native biodiversity; New Zealand; choice modelling; community volunteers;
Find related papers by JEL classification:
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
This paper has been announced in the following NEP Reports:
- NEP-AGR-2009-04-25 (Agricultural Economics)
- NEP-ALL-2009-04-25 (All new papers)
- NEP-ENV-2009-04-25 (Environmental Economics)
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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- David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 647-657, November.
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- Woodward, Richard T. & Wui, Yong-Suhk, 2001. "The economic value of wetland services: a meta-analysis," Ecological Economics, Elsevier, vol. 37(2), pages 257-270, May.
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