The international competativeness of an industry is determined by its ability to sell goods and services of higher quality and/or at lower cost than its cometitors. Therefore, issues relating to international competitiveness can be conceptualised through their impact on sustained industry...

The non-use values of the environmental benefits derived from the Conversion of Cropland to Forest and Grassland Program in the Loess Plateau region were estimated using a choice modeling survey both on-site in Xi’an and Ansai and off-site in Beijing. Separate choice models were estimated for...

Resource management decisions influence not only the output of the economy but also the distribution of utility between groups within the community. The theory of Benefit Cost Analysis provides a means of incorporating this distributional change through the application of distributional or...

Choice Modelling is a stated preference technique for valuing non-market goods. It has the potential to provide researchers with a rich data set with which to analyse consumer trade-offs between environmental, monetary and social impacts of resource management policies. However, this strength...

If markets for nature conservation services are to ensure an efficient supply, property rights need to be well defined, readily defended and tradeable. However, some of these services have ill defined property rights that are costly, if at all possible to defend. This limits the incentives for...

The Catchment Management Authorities in New South Wales have programs that are collectively investing $436 million over four years to achieve catchment-wide natural resource/environmental improvements. In this paper, we consider the question of how to best allocate these resources so as to...

Issues concerning consumer demands for genetically modified and organic food remain topical. It is unclear how consumers perceive issues associated with food production such as food safety, environmental impacts or animal welfare. It is also unclear how consumers might value potential changes in...

Estimates of the compensating surplus generated by changes in non-marketed environmental amenities can be estimated using stated preference valuation techniques. These are typically framed in terms of WTP tradeoffs, even if the situation of interest involves a property right vestment that calls...