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Stated preference evaluation of government budgets

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dc.contributor.author Kerr, G. N. en
dc.contributor.author Cullen, R. en
dc.contributor.author Hughey, K. F. D. en
dc.date.accessioned 2011-10-21T03:04:31Z
dc.date.issued 2005-08 en
dc.identifier.uri https://hdl.handle.net/10182/3945
dc.description.abstract Stated preference approaches are widely used in non-market valuation. However, their potential uses extend far beyond valuation. In particular they can be used to assess efficiency of resource allocations and to design optimal resource allocations. Changes to the government budget were evaluated using a choice experiment. Results indicate potential efficiency gains from reallocation of the budget to items with higher marginal utility. In particular, New Zealand residents want more spending on health, education and the environment, with health spending consistently having the highest marginal benefits. People want less government money spent on income support. The choice experiment was able to identify the impacts of demographic factors. Young people rated spending on the environment and education more highly than other respondents. en
dc.language.iso en en
dc.publisher New Zealand Agricultural and Resource Economics Society en
dc.relation The original publication is available from - New Zealand Agricultural and Resource Economics Society en
dc.rights Copyright by author(s). Readers may make copies of this document for non-commercial purposes only, provided that this copyright notice appears on all such copies. en
dc.source 2005 New Zealand Agricultural and Resource Economics Society (Inc.) Conference en
dc.subject choice experiment en
dc.subject public preferences en
dc.subject government budget en
dc.subject resource allocation en
dc.title Stated preference evaluation of government budgets en
dc.type Conference Contribution - Published
lu.contributor.unit Lincoln University en
lu.contributor.unit Faculty of Agribusiness and Commerce en
lu.contributor.unit Department of Financial and Business Systems en
lu.contributor.unit Faculty of Environment, Society and Design en
lu.contributor.unit Department of Environmental Management en
pubs.finish-date 2005-08-27 en
pubs.notes Paper presented at the 2005 New Zealand Agricultural and Resource Economics Society (Inc.) Conference, Tahuna Conference Centre – Nelson, New Zealand. August 26-27, 2005. en
pubs.organisational-group /LU
pubs.organisational-group /LU/Faculty of Agribusiness and Commerce
pubs.organisational-group /LU/Faculty of Agribusiness and Commerce/FABS
pubs.organisational-group /LU/Faculty of Environment, Society and Design
pubs.organisational-group /LU/Faculty of Environment, Society and Design/DEM
pubs.publication-status Published en
pubs.start-date 2005-08-26 en
lu.identifier.orcid 0000-0002-5806-1944
lu.subtype Conference Paper en


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