This research investigates the efficiency and equity impacts of the cropland rental market in rural Vietnam and attempts to identify the determinants and importance of transaction costs impeding this market. A generalised ordered logit model with shifting thresholds accounting for effects of...

A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by...

This paper examines efforts to develop industry led self-governance in the Bluff Oyster Fishery. The paper focuses on participatory management and its ability to address some of the unintended consequences of management – for example high-grading. The Bluff oyster fishery’s administrative...

Carbon mitigation through land-use change and forestry has received considerable attention as a low-cost method of addressing climate change. However, spatial and productive heterogeneity is often lost in broader scale analyses frequently used to inform climate mitigation policy. Most research...

There is a need for better understanding and estimating forests non-market values. This study aimed to investigate the environmental and social values of plantation forests in New Zealand focusing in Hawke’s Bay. Identified stakeholder groups considered Erosion control, Water quality and...

The National Policy Statement on Freshwater Management now requires that water quality objectives and limits be set for all water bodies in New Zealand. Where objectives result in the development of nitrate limits for waterways and development pressure is likely to make these limits difficult to...

The River Values Assessment System (RiVAS and RiVAS+) are tools that enable regional councils and others to ‘objectively’ and systematically evaluate rivers in their regions for their relative importance across the range of river values (e.g., native birds, irrigation and tangata whenau)....

Nutrient emissions from agricultural land are now widely recognized as one of the key contributors to poor water quality in local lakes, rivers and streams. Nutrient trading has been suggested as a regulatory tool to improve and protect water quality. However, farmers’ attitudes suggest that...

A market failure exists in the supply of industry-good goods and services with characteristics of non-rivalry and non-excludability. Compulsory levy frameworks are one form of intervention that governments use to address this market failure. Key components of the New Zealand levy framework, the...