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      The value of native biodiversity enhancement in New Zealand: A case study of the greater Wellington area

      Kaval, Pamela; Yao, Richard; Parminter, Terry Graham
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      Economics_wp_0722.pdf
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      Kaval, P., Yao, R. & Parminter, T. (2007). The value of native biodiversity enhancement in New Zealand: A case study of the greater Wellington area. (Department of Economics Working Paper Series, Number 22/07). Hamilton, New Zealand: University of Waikato.
      Permanent Research Commons link: https://hdl.handle.net/10289/1603
      Abstract
      New Zealand’s biodiversity consists of over 80,000 native plants, animals and fungi, many of which are indigenous and located on private property. To enhance native biodiversity and discourage activities that may deplete it, policies can be introduced that can encourage individual self-interest to coincide with social interest. Economic values for biodiversity can help to determine the best policy tools to use. In this project, we surveyed Greater Wellington Region households to determine their biodiversity enhancement values using the contingent valuation approach. Greater Wellington respondents placed a significant value on both private land biodiversity as well as public land biodiversity.
      Date
      2007-11
      Type
      Working Paper
      Series
      Department of Economics Working Paper Series
      Report No.
      22/07
      Publisher
      Waikato Management School
      Collections
      • Management Papers [1125]
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