The Economic Value of Biodiversity in New Zealand: Results from a Household Survey

Pamela Kaval, Richard Tolentino Yao () and Frank Scrimgeour ()
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Frank Scrimgeour: University of Waikato

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

Abstract: This paper presents the results of a national study examining the economic value of biodiversity in New Zealand. Three valuation techniques were used to collect information from respondents: the contingent valuation method, the well-being method and the choice modelling method. Results revealed that respondents were familiar with the native plants and animals in their areas and valued them highly, therefore having a strong value for native biodiversity.

Keywords: native biodiversity; New Zealand; choice modelling; contingent valuation; well-being; community volunteers (search for similar items in EconPapers)
JEL-codes: Q57 Q2 Q25 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr, nep-dcm and nep-env
Date: 2009-06-25
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Persistent link: http://EconPapers.repec.org/RePEc:wai:econwp:09/05

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