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This study estimates the value of a view amenity in the owner occupied residential property market in Auckland. Several dimensions of a view are analysed: type of view, scope of view and distance to the coast. To improve efficiency, heteroscedasticity and autocorrelation consistent covariances...
Persistent link: https://www.econbiz.de/10009278745
New Zealand's quota management system has been operating since 1986. Evidence based on quota prices supports the effectiveness of rights based management in addressing the twin ills of fisheries management, unsustainable harvest and economic inefficiency. Faced with output controls fishing firms...
Persistent link: https://www.econbiz.de/10009278774
In 2008, New Zealand became the first country to introduce a comprehensive Emissions Trading Scheme that includes all sectors and all gases. While NZ can claim the high ground in the international arena, the emissions trading scheme will impose substantial economic costs and its success will...
Persistent link: https://www.econbiz.de/10009278950