Biodiversity 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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Paper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number
09/04.
References listed on IDEAS 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.:
Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006.
"Valuing the diversity of biodiversity,"
Ecological Economics,
Elsevier, vol. 58(2), pages 304-317, June.
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