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Valuing Biodiversity Enhancement in New Zealand

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Abstract

The value of biodiversity enhancement in New Zealand was estimated from a survey sample of 457 residents. We determined the willingness of respondents to financially support biodiversity programs on private and public lands, as well as determining which factors influence this willingness-to-pay. Our data indicates that an average respondent was willing-to-pay $42 (2007 NZD) annually in their rates (taxes) to support a government initiated private land biodiversity programme and $82 (2007 NZD) annually to support a biodiversity programme on public lands.

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  • Richard Yao & Pamela Kaval, 2008. "Valuing Biodiversity Enhancement in New Zealand," Working Papers in Economics 08/07, University of Waikato.
  • Handle: RePEc:wai:econwp:08/07
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    File URL: https://repec.its.waikato.ac.nz/wai/econwp/0807.pdf
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    Cited by:

    1. Yao, Richard T. & Scarpa, Riccardo & Harrison, Duncan R. & Burns, Rhys J., 2019. "Does the economic benefit of biodiversity enhancement exceed the cost of conservation in planted forests?," Ecosystem Services, Elsevier, vol. 38(C), pages 1-1.
    2. 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.
    3. Hannah Kotula, 2022. "Valuing forest ecosystem services in New Zealand," Working Papers 22_11, Motu Economic and Public Policy Research.
    4. Huynh Viet Khai & Tran Thi Thu Duyen & Huynh Thi Dan Xuan, 2018. "The Demand of Urban Consumers for Safe Pork in the Vietnamese Mekong Delta," Journal of Social and Development Sciences, AMH International, vol. 9(3), pages 47-54.
    5. Huynh Viet Khai, 2015. "Assessing Consumer Preferences for Organic Vegetables: A Case Study in the Mekong Delta, Vietnam," Information Management and Business Review, AMH International, vol. 7(1), pages 41-47.
    6. Pamela Kaval & Matthew Roskruge, 2009. "The Value of Native Bird Conservation: A New Zealand Case Study," Working Papers in Economics 09/11, University of Waikato.
    7. Richard Yao & Pamela Kaval, 2009. "Evaluating the Welfare Effects of Biodiversity on Private Lands: A Choice Modelling Application," Working Papers in Economics 09/04, University of Waikato.

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    More about this item

    Keywords

    biodiversity; contingent valuation; native species; household residents; New Zealand;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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