Yao, R. & Kaval, P. (2009). Evaluating the welfare effects of biodiversity on private lands: A choice modelling application. (Department of Economics Working Paper Series, Number 04/09). Hamilton, New Zealand: University of Waikato.
Abstract
Biodiversity loss is a global problem, especially in reference to private lands. In response, we investigated whether private land biodiversity may be attained by developing incentives which include funding landholders through the provision of native trees to enhance biodiversity on their own properties. Using choice modelling, we tested this hypothesis. A typical respondent was found to be better off, in terms of welfare, if there would be a biodiversity enhancing scheme in their locality. We also found that respondents in the upper northern regions of New Zealand were relatively more receptive in supporting biodiversity enhancement programmes on their properties, compared to those residing in the southern regions of the country.
