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Comparison of Funding and Demand for the Conservation of the Charismatic Koala with those for the Critically Endangered Wombat Lasiorhinus krefftii

Author

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  • Tisdell, Clement A.
  • Swarna Nantha, Hemanath

Abstract

This study contrasts the actual conservation spending and the Australian public’s demand for conservation funding for two Australian mammal species, the koala and the northern hairy-nosed wombat. It involves a survey of 204 members of the Australian public. Willingness to fund conservation action to protect the northern hairy-nosed wombat was found to be higher than that for the koala despite the koala’s immense popularity. The critically endangered status of the northern-hairy nosed wombat and the more secure conservation status of the koala is a factor likely to have influenced the comparative willingness-to-pay decisions. Actual annual conservation expenditure for both species is lower than the estimated aggregate willingness-to-pay for their conservation. Furthermore, conservation funding for the koala is much more than that for the northern hairy-nosed wombat even though the estimated public willingness-to-pay (demand) for funding koala conservation was less than for this wombat species. Reasons for this are suggested. They may also help to explain misalignment between demand for conservation funding of other species involving differences in charisma and endangerment.

Suggested Citation

  • Tisdell, Clement A. & Swarna Nantha, Hemanath, 2005. "Comparison of Funding and Demand for the Conservation of the Charismatic Koala with those for the Critically Endangered Wombat Lasiorhinus krefftii," Economics, Ecology and Environment Working Papers 55067, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqseee:55067
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    File URL: http://ageconsearch.umn.edu/record/55067/files/WP125.pdf
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    References listed on IDEAS

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    1. Ian Bateman & Ian Langford & Naohito Nishikawa & Iain Lake, 2000. "The Axford Debate Revisited: A Case Study Illustrating Different Approaches to the Aggregation of Benefits Data," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 43(2), pages 291-302.
    2. Bandara, Ranjith & Tisdell, Clement A., 2004. "Changing Abundance of Elephants and Willingness to Pay for their Conservation," Economic Theory, Applications and Issues Working Papers 90538, University of Queensland, School of Economics.
    3. Andrew Metrick & Martin L. Weitzman, 1996. "Patterns of Behavior in Endangered Species Preservation," Land Economics, University of Wisconsin Press, vol. 72(1), pages 1-16.
    4. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    5. Jennifer Tkac, 1998. "The Effects of Information on Willingness-to-Pay Values of Endangered Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1214-1220.
    6. Tisdell, Clement A. & Swarna Nantha, Hemanath & Wilson, Clevo, 2004. "Endangerment and Likeability of Wildlife Species: How Important are they for Proposed Payments for Conservation," Economics, Ecology and Environment Working Papers 51419, University of Queensland, School of Economics.
    7. P.M.S. Jones, 1994. "The Value of Diversity," Energy & Environment, , vol. 5(3), pages 215-225, September.
    8. Karl C. Samples & John A. Dixon & KMarcia M. Gowen, 1986. "Information Disclosure and Endangered Species Valuation," Land Economics, University of Wisconsin Press, vol. 62(3), pages 306-312.
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    Citations

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    Cited by:

    1. Schleyer, Christian & Plieninger, Tobias, 2011. "Identifying obstacles to the design and implementation of payment schemes for ecosystem services provided through farm trees," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115992, European Association of Agricultural Economists.
    2. Tisdell, Clement A., 2007. "The State of the Environment and the Availability of Natural Resources," Economics, Ecology and Environment Working Papers 55101, University of Queensland, School of Economics.
    3. Tisdell, Clement A., 2008. "BEHAVIOURS OF CONSERVATION ORGANIZATIONS AND THEIR ENVIRONMENTAL IMPLICATIONS. Analysis based on New (and not so new) Institutional Economics," Institutional Change in Agriculture and Natural Resources Discussion Papers 6185, Humboldt University Berlin, Department of Agricultural Economics.
    4. Tisdell, Clement A., 2007. "The Economic Importance of Wildlife Conservation on the Otago Peninsula - 20 years on," Economics, Ecology and Environment Working Papers 55103, University of Queensland, School of Economics.

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