The Economic Value of Biodiversity in New Zealand: Results from a Household Survey
AbstractThis paper presents the results of a national study examining the economic value of biodiversity in New Zealand. Three valuation techniques were used to collect information from respondents: the contingent valuation method, the well-being method and the choice modelling method. Results revealed that respondents were familiar with the native plants and animals in their areas and valued them highly, therefore having a strong value for native biodiversity.
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Bibliographic InfoPaper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 09/05.
Length: 48 pages
Date of creation: 25 Jun 2009
Date of revision:
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native biodiversity; New Zealand; choice modelling; contingent valuation; well-being; 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-2009-07-03 (Agricultural Economics)
- NEP-ALL-2009-07-03 (All new papers)
- NEP-DCM-2009-07-03 (Discrete Choice Models)
- NEP-ENV-2009-07-03 (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.:
- Carson, Richard T. & Hanemann, W. Michael, 2006. "Contingent Valuation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 2, chapter 17, pages 821-936 Elsevier.
- Yao, Richard T. & Scarpa, Riccardo & Turner, James A. & Barnard, Tim D. & Rose, John M. & Palma, João H.N. & Harrison, Duncan R., 2014. "Valuing biodiversity enhancement in New Zealand's planted forests: Socioeconomic and spatial determinants of willingness-to-pay," Ecological Economics, Elsevier, vol. 98(C), pages 90-101.
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