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Registros recuperados: 4
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Protecting the Booroolong Frog in the Namoi Catchment: A Cost-Benefit Analysis AgEcon
Greyling, Tertius; Bennett, Jeffrey W..
The Booroolong frog project in the Namoi Catchment represents an environmental investment to protect the species and around 10.7 kilometres of its habitat in the catchment. The project’s benefit-cost ratio (BCR) of 8.6 indicates that the benefits outweigh the costs by a significant margin. The measures introduced by landholders, at relatively low cost, should therefore result in a significant return on investment upon project completion in 10 years time. The benefits are estimated using a choice modelling study which was recently developed for the valuation of investment in natural resource management in the Namoi Catchment. As this is a largely ex ante cost-benefit analysis, the BCR is subject to uncertainty associated with assumptions which had to be...
Tipo: Report Palavras-chave: Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Booroolong Frog; Namoi Catchment; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/107851
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Preliminary principles to guide best practice water quality regulation from an economic perspective AgEcon
Coggan, Anthea; Whitten, Stuart M.; Greyling, Tertius.
Regulatory regimes intended to enforce changes to land use or management impose costs on landholders and governments. Landholder costs comprise changes to capital equipment, changes to crop or enterprise management including direct compliance costs, opportunity costs of lost production, and transaction costs from informing themselves about regulatory requirements, potential compliance strategies and administration associated with implementation of these strategies. Governments must design and implement the regulatory framework along with an appropriate compliance structure and other associated costs. In this paper we apply economic theory, in particular relating to institutional economics and transaction costs, and the degree of heterogeneity landholder...
Tipo: Conference Paper or Presentation Palavras-chave: Diffuse source pollutants; Regulations; Economic efficiency; Transaction costs; Water quality; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/58890
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Revegetation of Regent Honeyeater habitat in the Capertee Valley: a Cost-Benefit Analysis AgEcon
Greyling, Tertius; Bennett, Jeffrey W..
This study considers the costs and benefit of the Regent Honeyeater Project in the Capertee Valley over the past 10 years. The benefits are estimated using choice modelling and the costs are based on project expenditure and forgone agricultural production. A comparison of the benefits and costs yields a benefit-cost ratio (BCR) of 4.45, which implies that the benefits outweigh the costs. However, variation in the underlying assumptions reveal significant sensitivity to the uncertainty associated with the maturation of native tree plantings and the successful establishment of a significant population of birds within the native vegetation. The Cost Benefit Analysis (CBA) is dominated by the benefit derived from protection of the native species (i.e. the...
Tipo: Report Palavras-chave: Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Regent Honeyeater; Capertee Valley; Environmental Economics and Policy; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/107580
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Cost-Benefit Analysis of the protection of Malleefowl in the Lachlan Catchment AgEcon
Greyling, Tertius; Bennett, Jeffrey W..
A cost-benefit analysis (CBA) of an investment in the protection of malleefowl and associated native vegetation in the Lachlan Catchment’s central-west yielded a benefit-cost ratio of 1.4. The CBA is based on project expenditures over the past four years coupled with benefit estimates from a recent Choice Modelling study in the Lachlan Catchment. The project targets the protection of malleefowl on private land which has not yet been surveyed but where the species is known to be present. The CBA is subject to significant uncertainty due to a lack of available data. Nonetheless, sensitivity analysis indicates that the BCR is consistently larger than unity, if marginal in some cases. This suggests that the project is a worthwhile investment at this early...
Tipo: Report Palavras-chave: Cost-benefit analysis; Benefit-cost ratio; Choice modelling; Malleefowl; Lachlan Catchment; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/107849
Registros recuperados: 4
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