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Please use this identifier to cite or link to this item: http://purl.umn.edu/10428

Title: The Value of Backyard Biodiversity in New Zealand
Authors: Parminter, Terry
Kaval, Pamela
Yao, Richard T.
Scrimgeour, Frank G.
Keywords: New Zealand
biodiversity
non-market valuation
well-being
native species
private landholders
Issue Date: 2007
Series/Report no.: Conference Paper
Abstract: New Zealand's biodiversity consists of over 80,000 types of native plants, animals and fungi, a considerable number of which are indigenous and located on private property. To preserve and enhance native biodiversity and discourage activities that may deplete it, economic values can be calculated which can, in turn, guide the use of policy tools, such as incentives, that can be used. This can support behavioural changes by encouraging individual self-interest to coincide with social interest. In this project, we used the contingent valuation, choice modelling and well-being approaches to estimate native biodiversity values for Wellington residents. In this paper, we present a summary of our initial results.
URI: http://purl.umn.edu/10428
Institution/Association: Australian Agricultural and Resource Economics Society - 2007>2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
Total Pages: 16
Language: English
Collections:2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand

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