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The Economic Value of Biodiversity in New Zealand: Results from a Household Survey

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Author Info
Pamela Kaval () (University of Waikato)
Richard Yao () (University of Waikato)
Frank Scrimgeour () (University of Waikato)

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Abstract

This 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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File URL: ftp://mngt.waikato.ac.nz/RePEc/wai/econwp/0905.pdf
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Publisher Info
Paper provided by University of Waikato, Department of Economics in its series Working Papers in Economics with number 09/05.

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Length: 48 pages
Date of creation: 25 Jun 2009
Date of revision:
Handle: RePEc:wai:econwp:09/05

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Related research
Keywords: 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

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This page was last updated on 2009-10-31.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.