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Environmental economics and valuation: towards a practical investment framework for Catchment Management Authorities in New South Wales AgEcon
Farquharson, Robert J.; Hill, Christine M.; Bennett, Jeffrey W.; Tracey, Jacqueline.
The Catchment Management Authorities in New South Wales have programs that are collectively investing $436 million over four years to achieve catchment-wide natural resource/environmental improvements. In this paper, we consider the question of how to best allocate these resources so as to increase the well-being of the public within catchments and the state. We consider the current approaches used by CMAs and make a case for Benefit-Cost Analysis as an alternative means of assessing ex ante questions of priority setting at the catchment level and for project appraisal. A major issue for BCA is the estimation of potential benefits from project investments, particularly the estimation of values that catchment communities and those living outside the...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental; Economics; Choice modelling; Non-use values; Investment framework; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10404
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USE OF CATCHMENT SPECIFIC SOCIAL AND ECONOMIC INFORMATION IN MANAGING NATURAL RESOURCES AgEcon
Ahmed, Mehnaz; Jacobs, Brent; Tracey, Jacqueline.
Catchment specific economic and social information assists catchment management authorities in natural resource planning and decision making. It gives a context to the natural resource management (NRM) planning and decision making by providing an understanding of the economic and social characteristics in a region and tracks economic and social changes overtime. It also enables analysis of factors that influence a community’s competence in undertaking NRM activities. Catchment specific economic and social data is available from the Australian Bureau of Statistics but there are gaps in the availability of this data that may hinder NRM planning and decision making. The aim of this paper is two fold: firstly, it provides a snapshot of the economic and social...
Tipo: Conference Paper or Presentation Palavras-chave: Economic; Social; Data availability; Natural resource management; Catchment management authorities; Decision making; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/47614
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