This is an updated version posted 12/12/12. In the previous version attribute labels in Table 5 were incorrect for tribs and jobs.

Under the New Zealand Emissions Trading Scheme, forests planted on or after 1st January 1990 earn carbon credits. These credits have to be repaid when the forest is harvested. This paper analyses the effects of this scheme on the value of bareland on which radiata pine is to be planted. A real...

Under the New Zealand Emissions Trading Scheme, new forests planted on/after 1st January 1990 can earn carbon credits. These credits have to be repaid upon forest harvest. This paper analyses the effects of this carbon scheme on the valuation of bareland, on which radiata pine is to be planted....

NPV and LEV are established and common approaches to valuing single rotation and infinite rotation forests respectively, when the rotation age is fixed in advanced. More recently, Real Options approaches have been employed to value single and infinite rotation forests with a flexible harvest...

In environmental valuation studies with stated preference methods researchers often provide descriptions of status quo conditions which may differ from those perceived by respondents. Ignoring this difference in utility baselines may affect the way attributes are attended to in choice tasks and...

Millions of mines lie in or on the ground in 62 countries resulting in thousands of deaths and injuries each year. Most mines are cleared using probes and hand held mine detectors; although sniffer dogs and a variety of machines are becoming more common. Clearing landmines is very expensive with...

New Zealand’s success in raising agricultural productivity has been accompanied by higher input use, leading to adverse effects on the environment. Until recently, analysis of farm performance has tended to ignore such negative externalities. The current emphasis on environmental issues has...

Data from a choice experiment on the community’s preferences for water quality improvements in streams was used to assess the effect of using a fixed status quo versus people’s perceived status quo on willingness to pay values. More than 50% of respondents perceived the quality of water in...