Valuing natural assets

Peter Clough, Matt Hickman and John Stephenson
Additional contact information
Peter Clough: New Zealand Institute of Economic Research
Matt Hickman: New Zealand Institute of Economic Research
John Stephenson: New Zealand Institute of Economic Research

No 2013/3, NZIER Working Paper from New Zealand Institute of Economic Research

Abstract: Much of the value New Zealanders get from natural assets is intangible, making it difficult to measure. Currently, there are a variety of techniques used to measure the value of natural assets, adding to the cost and uncertainty of values obtained. A standardised technique would make economic value estimates more consistent, more cost-effective to prepare, and make comparison of alternative uses of natural assets easier. NZIER’s proposed approach would improve understanding of the value of natural assets – giving them more consistent weight in development and conservation decisions, and improving the way we manage them.

Keywords: valuing natural resources; decision making; New Zealand (search for similar items in EconPapers)
JEL-codes: Q00 (search for similar items in EconPapers)
Pages: 51 pages
Date: 2013-05-22
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.nzier.org.nz/publications/valuing-natu ... scussion-paper-20133 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:nzierw:2013_003

Access Statistics for this paper

More papers in NZIER Working Paper from New Zealand Institute of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Sarah Spring ().