Valuing Biodiversity Enhancement in New Zealand

Richard Tolentino Yao () and Pamela Kaval

Working Papers in Economics from University of Waikato, Department of Economics

Abstract: The value of biodiversity enhancement in New Zealand was estimated from a survey sample of 457 residents. We determined the willingness of respondents to financially support biodiversity programs on private and public lands, as well as determining which factors influence this willingness-to-pay. Our data indicates that an average respondent was willing-to-pay $42 (2007 NZD) annually in their rates (taxes) to support a government initiated private land biodiversity programme and $82 (2007 NZD) annually to support a biodiversity programme on public lands.

Keywords: biodiversity; contingent valuation; native species; household residents; New Zealand (search for similar items in EconPapers)
JEL-codes: Q51 Q56 Q57 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-dcm and nep-env
Date: 2008-06-11
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Persistent link: http://EconPapers.repec.org/RePEc:wai:econwp:08/07

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