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Nationwide mail surveys implemented in November 2004 report New Zealand residents‟ willingness to pay for improvement in ecosystem services and support for organic farming on arable land. The surveys were split into two subsets: Canterbury, which is the region with most arable farming in the...
Persistent link: https://www.econbiz.de/10008802806
Stated preference approaches are widely used in non-market valuation. However, their potential uses extend far beyond valuation. In particular they can be used to assess efficiency of resource allocations and to design optimal resource allocations. Changes to the government budget were evaluated...
Persistent link: https://www.econbiz.de/10008802807
In New Zealand total annual funding allows 15 percent of the 2,400 threatened species to be targeted for management. Although management costs are crucial to a conservation organisation's ability to achieve its goals, estimates of costs are not usually included in applications for funding or the...
Persistent link: https://www.econbiz.de/10008802809
Conventional wisdom says that equity concerns are beyond the scope of economic analysis and that achieving equity objectives will often come at a cost in terms of efficiency. Examination of the underlying meaning of efficiency and how it is defined, however, reveals that this tension between...
Persistent link: https://www.econbiz.de/10008802872
This paper describes a model used to assess alternative scenarios for managing the marine biosecurity risk to Fiordland from vessel traffic. Scenarios are assessed in terms of risk reduction per dollar spent. To keep the analysis manageable, we focus on vessel risks from hull fouling, as this is...
Persistent link: https://www.econbiz.de/10008802940
Persistent link: https://www.econbiz.de/10010920195