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Valuing the biodiversity gains from protecting native plant communities from bitou bush (Chrysanthemoides monilifera subsp rotundata (DC.) T.Norl.) in New South Wales: application of the defensive expenditure method AgEcon
Sinden, Jack A.; Downey, Paul O.; Hester, Susan M.; Cacho, Oscar J..
Valuation of the gains from protection of biodiversity is difficult because the services that provide the benefits do not normally pass through markets where prices can form. But the services sometimes pass through markets where consumers or producers behave in a market-oriented manner, and so the values implicit in this behaviour can be identified and derived. Estimates of the benefits of biodiversity protection are derived from the costs of protecting native plant communities from a major weed in Australia, by following this approach. In 1999, invasion of coastal areas of New South Wales by bitou bush (Chrysanthemoides monilifera subsp. rotundata (DC.) T. Norl.) was listed as a key process threatening native plants under the NSW Threatened Species...
Tipo: Conference Paper or Presentation Palavras-chave: Bitou bush; Chrysanthemoides monilifera; Threat abatement plan; Valuation of biodiversity; Benefit-cost analysis; Weed control; Defensive-expenditure method; Demand and Price Analysis; Environmental Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/5988
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