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Valuing the Otago Peninsula: The Economic Benefits of Conservation AgEcon
Tisdell, Clement A..
It is suggested that valuing objects is a distinctive human trait. It is a prerequisite for rational behaviour. Factors that are likely to influence valuations, the difficulties of getting agreements about valuations and the limited perspective of economics as a basis for valuation are discussed generally. Attributes of Otago Peninsula that seem to be valuable and worth conserving are listed and discuss taking into account possible conflicts in getting maximum value from these attributes. Particular attention is given to the economic value of conserving wildlife species on the Otago Peninsula. It is estimated that as a result of the presence of these species and their use for tourism, expenditure of over $100 million annually is generated in the Dunedin...
Tipo: Working or Discussion Paper Palavras-chave: New Zealand; Yellow-Eyed Penguins; NGOs; Wildlife conservation; Tourism; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use.
Ano: 2007 URL:
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