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dc.contributor.authorKerr, Geoffrey N.en
dc.contributor.authorCullen, Rossen
dc.contributor.authorHughey, Kenneth F. D.en
dc.date.accessioned2011-10-21T03:04:31Z
dc.date.issued2005-08en
dc.identifier.urihttps://hdl.handle.net/10182/3945
dc.description.abstractStated 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.isoenen
dc.publisherNew Zealand Agricultural and Resource Economics Societyen
dc.relationThe original publication is available from - New Zealand Agricultural and Resource Economics Societyen
dc.rightsCopyright 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.source2005 New Zealand Agricultural and Resource Economics Society (Inc.) Conferenceen
dc.subjectchoice experimenten
dc.subjectpublic preferencesen
dc.subjectgovernment budgeten
dc.subjectresource allocationen
dc.titleStated preference evaluation of government budgetsen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Financial and Business Systemsen
lu.contributor.unitFaculty of Environment, Society and Designen
lu.contributor.unitDepartment of Environmental Managementen
lu.contributor.unitResearch Management Officeen
lu.contributor.unit/LU/Research Management Office/2018 PBRF Staff groupen
pubs.finish-date2005-08-27en
pubs.notesPaper 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.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/2018 PBRF Staff group
pubs.publication-statusPublisheden
pubs.start-date2005-08-26en
lu.identifier.orcid0000-0002-1659-5331
lu.identifier.orcid0000-0002-5806-1944
lu.subtypeConference Paperen


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