Preliminary investigation into the benefits from investments in environmental research: case studies on water clarity/quality and the biological management of possums

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dc.contributor.authorCullen, Ross
dc.contributor.authorHughey, Kenneth F. D.
dc.contributor.authorMeyer-Hubbert, G.
dc.contributor.authorBicknell, Kathryn B.
dc.contributor.authorMeister, A.
dc.contributor.authorSu Wuen, O.
dc.date.accessioned2011-09-16T03:36:01Z
dc.date.issued2004-06
dc.description.abstractMoRST is performing an evaluation of the funds invested in environmental research. The two case studies discussed in this paper contribute to the ongoing decision-making about this investment. Substantial funds have been invested in both research programmes identified. Because the main benefits associated with research output are environmental, they are difficult to value monetarily. Preliminary analysis suggests that at a discount rate of 6%, annual future benefit flows of $7 - $10 million will justify the water quality/clarity research. The expenditure on possum biocontrol will be justified if the research generates an annual future benefit flow of $20 million.en
dc.format.extent17-24en
dc.identifier.urihttps://hdl.handle.net/10182/3849
dc.language.isoen
dc.publisherNew Zealand Agricultural and Resource Economics Society
dc.publisher.placeAERUen
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.
dc.sourceProceedings of the Tenth Annual Conference of the New Zealand Agricultural and Resource Economics Society (Inc.)en
dc.subjectcost benefit analysisen
dc.subjectreturns to researchen
dc.subjectenvironmental researchen
dc.subjectCommunity/Rural/Urban Developmenten
dc.subjectEnvironmental Economics and Policyen
dc.subjectLand Economics/Useen
dc.subjectResource /Energy Economics and Policyen
dc.titlePreliminary investigation into the benefits from investments in environmental research: case studies on water clarity/quality and the biological management of possumsen
dc.typeConference Contribution - published
lu.contributor.unitLincoln University
lu.contributor.unitFaculty of Agriculture and Life Sciences
lu.contributor.unitFaculty of Agribusiness and Commerce
lu.contributor.unitDepartment of Financial and Business Systems
lu.contributor.unitDepartment of Global Value Chains and Trade
lu.contributor.unitFaculty of Environment, Society and Design
lu.contributor.unitDepartment of Environmental Management
lu.identifier.orcid0000-0002-6239-6712
lu.identifier.orcid0000-0002-1659-5331
lu.subtypeConference Paperen
pubs.finish-date2004-06-26en
pubs.notesPaper presented at the 2004 New Zealand Agricultural and Resource Economics Society (Inc.) Conference, Blenheim Country Hotel, Blenheim, New Zealand, June 25-26, 2004.en
pubs.publication-statusPublisheden
pubs.start-date2004-06-25en
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