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Please use this identifier to cite or link to this item: http://purl.umn.edu/156197

Title: Is non-market valuation used in environmental policy making?
Authors: Rogers, A.
Kragt, Marit Ellen
Gibson, F.
Pannell, David J.
Burton, Michael P.
Petersen, L.
Authors (Email): Rogers, A. (abbie.rogers@uwa.edu.au)
Keywords: Non-market valuation
environmental policy
decision making
JEL Codes: Q51
Q58
Z18
Issue Date: 2013-09-02
Series/Report no.: Working Paper
1311
Abstract: A vast literature exists on environmental non-market valuation research. It appears that results from these studies should be useful inputs to decision making about environmental policy or management. Here, we investigate the extent to which this occurs in practice in Australian environmental management bodies. Non-market valuation experts were surveyed about their studies that they believed to have influenced policy. Then, decision makers in environmental bodies were interviewed about the level of influence non-market valuation has had on their decisions. We find that researchers’ perceptions of the influence that non-market valuation has on decision making are overly optimistic. Interviews with decision makers suggest that non-market valuation is little used in decision making. Indeed, the majority of them are unfamiliar with non-market valuation techniques. Nevertheless, once the concept was explained to them, many decision makers believed it could benefit environmental policy. Researchers’ perceptions of the reasons for low usage of non-market valuation are largely inaccurate. We suggest a range of strategies that economists can use to promote the use of non-market valuation in environmental policy and management decisions, including ways to improve communication and engagement with decision makers, and strategies to increase the capacity for decision makers to use non-market valuation results.
Notes: This paper has been published in a peer-reviewed journal as: Rogers, A., Kragt, M.E., Gibson, F., Pannell, D.J., Burton, M. & Petersen, L. (2015) Non-market valuation: usage and impacts in environmental policy and management in Australia. Australian Journal of Agricultural and Resource Economics, 59(1): 1-15. DOI: 10.1111/1467-8489.12031
URI: http://purl.umn.edu/156197
Institution/Association: University of Western Australia, School of Agricultural and Resource Economics>Working Papers
Total Pages: 23
Collections:Working Papers

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