Show simple item record

dc.contributor.authorBell, B.en
dc.contributor.authorMenzies, S.en
dc.contributor.authorYap, M.en
dc.contributor.authorKerr, Geoffrey N.en
dc.date.accessioned2008-04-01T02:25:10Z
dc.date.issued2008-02en
dc.identifier.urihttps://hdl.handle.net/10182/424
dc.description.abstractThis paper reports on a case study to establish dollar values for loss of biodiversity in the New Zealand coastal marine environment. The study uses the European Shore Crab (Carcinas maenas) as the example alien invasive species and the Pauatahanui Inlet, Wellington, New Zealand, as the ecosystem representative of the coastal marine environment. Choice modelling is the stated preference tool used to elicit marginal dollar values for these various attributes of the inlet. Reallocation of existing government expenditure is used as the payment mechanism. Results indicate a wide range of dollar values for the marginal losses to the environment, with no clear trend on a distance-decay relationship. The probability distributions of the dollar values of the environmental attributes tended to have a concentration around the median with very wide tails, especially on the high side. This indicates that most people generally agreed on a dollar value, but a very few individuals expressed extremely high values. The study concludes that the dollar values for loss of biodiversity and other environmental attributes do provide useful information to decision makers, but considerable caution needs to be exercised when applying these values in benefit cost studies. Marginal rate of substitution estimates between environmental attributes will be useful for estimating money values for attributes identified given future work estimates a statistically significant money value for one.en
dc.language.isoenen
dc.publisherAustralian Agricultural and Resource Economics Societyen
dc.sourceAustralian Agricultural and Resource Economics Societyen
dc.subjectchoice modellingen
dc.subjecttax reallocationen
dc.subjectbiosecurityen
dc.subjectcoastal marineen
dc.subjectEnvironmental Economics and Policyen
dc.subjectResearch Methods/ Statistical Methodsen
dc.subjectResource /Energy Economics and Policyen
dc.titleAssessing the marginal dollar value losses to an estuarine ecosystem from an aggressive alien invasive craben
dc.typeConference Contribution - Unpublished
dc.subject.marsdenFields of Research::340000 Economics::340200 Applied Economics::340202 Environment and resource economicsen
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Environment, Society and Designen
lu.contributor.unitDepartment of Environmental Managementen
lu.contributor.uniten
lu.contributor.uniten
pubs.finish-date2008-02-08en
pubs.notesPaper contributed to the Australian Agricultural and Resource Economics Society 52nd Annual Conference, 5-8 February 2008, Canberra, ACT, Australia.en
pubs.organisational-group/LU
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-date2008-02-05en
lu.identifier.orcid0000-0002-5806-1944
lu.subtypeConference Oral Presentationen


Files in this item

Default Thumbnail

This item appears in the following Collection(s)

Show simple item record