233
Views
1
CrossRef citations to date
0
Altmetric
Articles

Valuing the state of water in New Zealand using the experienced preference method

, &

References

  • Abell, J, Hamilton, D & Paterson, J 2011, ‘Reducing the external environmental costs of pastoral farming in New Zealand: experiences from the Te Arawa lakes, Rotorua’, Australasian Journal of Environmental Management, vol. 18, no. 3, pp. 139–154. doi: 10.1080/14486563.2011.591520
  • Ambrey, C & Fleming, C 2011, ‘Valuing scenic amenity using life satisfaction data’, Ecological Economics, vol. 72, no. 1, pp. 106–115. doi: 10.1016/j.ecolecon.2011.09.011
  • Ambrey, C & Fleming, C 2012, ‘Valuing Australia’s protected areas: a life satisfaction approach’, New Zealand Economic Papers, vol. 46, no. 3, pp. 191–209. doi: 10.1080/00779954.2012.697354
  • Ambrey, C & Fleming, C 2014a, ‘The causal effect of income on life satisfaction and the implications for valuing non-market goods’, Economics Letters, vol. 123, no. 2, pp. 131–134. doi: 10.1016/j.econlet.2014.01.031
  • Ambrey, C & Fleming, C 2014b, ‘Life satisfaction in Australia: evidence from ten years of the HILDA survey’, Social Indicators Research, vol. 115, no. 2, pp. 691–714. doi: 10.1007/s11205-012-0228-0
  • Ambrey, C & Fleming, C 2014c, ‘Public greenspace and life satisfaction in urban Australia’, Urban Studies, vol. 51, no. 6, pp. 1290–1321. doi: 10.1177/0042098013494417
  • Ambrey, C, Fleming, C & Chan, A 2014, ‘Estimating the cost of air pollution in South East Queensland: an application of the life satisfaction non-market valuation approach’, Ecological Economics, vol. 97, no. 1, pp. 172–181. doi: 10.1016/j.ecolecon.2013.11.007
  • Ambrey, C, Fleming, C & Manning, M 2015, ‘The role of natural capital in supporting national income and social welfare’, Applied Economics Letters, vol. 23, no. 10, pp. 723–727. doi: 10.1080/13504851.2015.1102839
  • Baskaran, R, Cullen, R & Takatsuka, Y 2009, ‘Estimating the value of agricultural ecosystem services: a case study of New Zealand pastoral farming’, Australasian Journal of Environmental Management, vol. 16, pp. 103–112. doi: 10.1080/14486563.2009.9725224
  • Beville, S, Kerr, G & Hughey, K 2012, ‘Valuing impacts of the invasive alga Didymosphenia geminata on recreational angling’, Ecological Economics, vol. 82, no. 1, pp. 1–10. doi: 10.1016/j.ecolecon.2012.08.004
  • Blanchflower, D & Oswald, A 2004, ‘Well-being over time in Britain and the USA’, Journal of Public Economics, vol. 88, no. 7, pp. 1359–1386. doi: 10.1016/S0047-2727(02)00168-8
  • Brereton, F, Clinch, J & Ferreira, S 2008, ‘Happiness, geography and the environment’, Ecological Economics, vol. 65, no. 2, pp. 386–396. doi: 10.1016/j.ecolecon.2007.07.008
  • Carroll, N 2007, ‘Unemployment and psychological well-being’, The Economic Record, vol. 83, no. 262, pp. 287–302. doi: 10.1111/j.1475-4932.2007.00415.x
  • Carroll, N, Frijters, P & Shields, M 2009, ‘Quantifying the costs of drought: new evidence from life satisfaction data’, Journal of Population Economics, vol. 22, no. 2, pp. 445–461. doi: 10.1007/s00148-007-0174-3
  • Christie, M, Hanley, N, Warren, J, Murphy, K, Wright, R & Hyde, T 2006, ‘Valuing the diversity of biodiversity’, Ecological Economics, vol. 58, no. 2, pp. 304–317. doi: 10.1016/j.ecolecon.2005.07.034
  • Clark, A, Frijters, P & Shields, M 2008, ‘Relative income, happiness, and utility: an explanation for the Easterlin paradox and other puzzles’, Journal of Economic Literature, vol. 46, no. 1, pp. 95–144. doi: 10.1257/jel.46.1.95
  • Cullen, R, Hughey, K & Kerr, G 2006, ‘New Zealand freshwater management and agricultural impacts’, Australian Journal of Agricultural and Resource Economics, vol. 50, no. 3, pp. 327–346. doi: 10.1111/j.1467-8489.2006.00338.x
  • Denne, T, Scarpa, R & Beville, S 2011, Gap analysis of freshwater economic valuation information, Nelson, New Zealand.
  • Dziegielewska, D & Mendelsohn, R 2005, ‘Valuing air quality in Poland’, Environmental and Resource Economics, vol. 118, no. 1, pp. 207–214.
  • Feddersen, J, Metcalfe, R & Wooden, M 2012, The differential impacts of weather and climatic change on subjective well-being: evidence from a large nationally representative panel dataset, Melbourne, Australia.
  • Ferreira, S & Moro, M 2010, ‘On the use of subjective well-being data for environmental valuation’, Environmental and Resource Economics, vol. 46, no. 3, pp. 249–273. doi: 10.1007/s10640-009-9339-8
  • Ferreira, S, Akay, A, Brereton, F, Cuñado, J, Martinsson, P, Moro, M & Ningal, T 2013, ‘Life satisfaction and air quality in Europe’, Ecological Economics, vol. 88, no. 1, pp. 1–10. doi: 10.1016/j.ecolecon.2012.12.027
  • Ferrer-i-Carbonell, A 2005, ‘Income and well-being: an empirical analysis of the comparison income effect’, Journal of Public Economics, vol. 89, no. 5-6, pp. 997–1019. doi: 10.1016/j.jpubeco.2004.06.003
  • Frey, B & Stutzer, A 2002, ‘What can economists learn from happiness research?’ Journal of Economic Literature, vol. 40, no. 2, pp. 402–435. doi: 10.1257/jel.40.2.402
  • Frey, B, Luechinger, S & Stutzer, A 2010, ‘The life satisfaction approach to environmental valuation’, Annual Review of Resource Economics, vol. 2, no. 1, pp. 139–160. doi: 10.1146/annurev.resource.012809.103926
  • Frijters, P & van Praag, B 1998, ‘The effects of climate on welfare and well-being in Russia’, Climatic Change, vol. 39, no. 1, pp. 61–81. doi: 10.1023/A:1005347721963
  • Gluck, R 1974, ‘An economic evaluation of the Rakaia fishery as a recreation resource’, M.Ag.Sci Thesis, University of Canterbury.
  • Harris, B 1981, ‘Application of a travel cost demand model to recreation analysis in New Zealand: an evaluation of Lake Tutira’, M.Ag.Sci Thesis, Massey University.
  • Harris, B 1983, Valuation of non market goods: an application to water pollution control in the Waikato Basin, Hamilton, New Zealand.
  • Helliwell, J 2003, ‘How’s life? Combining individual and national variables to explain subjective well-being’, Economic Modelling, vol. 20, no. 2, pp. 331–360. doi: 10.1016/S0264-9993(02)00057-3
  • Kahneman, D, Wakker, P & Sarin, R 1997, ‘Back to Bentham? Explorations of experienced utility’, The Quarterly Journal of Economics, vol. 112, no. 2, pp. 375–406. doi: 10.1162/003355397555235
  • Kassenboehmer, S & Haisken-DeNew, JP 2009, ‘You’re fired! The causal negative effect of entry unemployment on life satisfaction’, The Economic Journal, vol. 119, no. 536, pp. 448–462. doi: 10.1111/j.1468-0297.2008.02246.x
  • Kerr, G & Swaffield, S 2012, ‘Identifying cultural service values of a small river in the agricultural landscape of Canterbury, New Zealand, using combined methods’, Society & Natural Resources, vol. 25, no. 12, pp. 1330–1339. doi: 10.1080/08941920.2012.676723
  • Kopmann, A & Rehdanz, K 2013, ‘A human well-being approach for assessing the value of natural land areas’, Ecological Economics, vol. 93, no. 1, pp. 20–33. doi: 10.1016/j.ecolecon.2013.04.014
  • Kountouris, Y & Remoundou, K 2011, ‘Valuing the welfare cost of forest fires: a life satisfaction approach’, Kyklos, vol. 64, no. 4, pp. 556–578. doi: 10.1111/j.1467-6435.2011.00520.x
  • Krueger, A & Schkade, D 2008, ‘The reliability of subjective well-being measures’, Journal of Public Economics, vol. 92, no. 8–9, pp. 1833–1845. doi: 10.1016/j.jpubeco.2007.12.015
  • Layard, R 2006, ‘Happiness and public policy: a challenge to the profession’, Economic Journal, vol. 116, no. 510, pp. c24–c33. doi: 10.1111/j.1468-0297.2006.01073.x
  • Luechinger, S 2009, ‘Valuing air quality using the life satisfaction approach’, The Economic Journal, vol. 119, no. 536, pp. 482–515. doi: 10.1111/j.1468-0297.2008.02241.x
  • Luechinger, S 2010, ‘Life satisfaction and transboundary air pollution’, Economic Letters, vol. 107, no. 1, pp. 4–6. doi: 10.1016/j.econlet.2009.07.007
  • Luechinger, S & Raschky, P 2009, ‘Valuing flood disasters using the life satisfaction approach’, Journal of Public Economics, vol. 93, no. 3–4, pp. 620–633. doi: 10.1016/j.jpubeco.2008.10.003
  • MacKerron, G & Mourato, S 2009, ‘Life satisfaction and air quality in London’, Ecological Economics, vol. 68, no. 5, pp. 1441–1453. doi: 10.1016/j.ecolecon.2008.10.004
  • MacKerron, G & Mourato, S 2013, ‘Happiness is greater in natural environments’, Global Environmental Change, vol. 23, no. 5, pp. 992–1000. doi: 10.1016/j.gloenvcha.2013.03.010
  • Maddison, D & Rehdanz, K 2011, ‘The impact of climate on life satisfaction’, Ecological Economics, vol. 70, no. 12, pp. 2437–2445. doi: 10.1016/j.ecolecon.2011.07.027
  • Marsh, D 2012, ‘Water resource management in New Zealand: jobs or algal blooms?’, Journal of Environmental Management, vol. 109, no. 1, pp. 33–42. doi: 10.1016/j.jenvman.2012.04.026
  • Marsh, D & Mkwara, L 2013, Review of freshwater non-market value studies, Waikato, New Zealand.
  • Menz, T 2011, ‘Do people habituate to air pollution? Evidence from international life satisfaction data’, Ecological Economics, vol. 71, no. 1, pp. 211–219. doi: 10.1016/j.ecolecon.2011.09.012
  • Menz, T & Welsch, H 2012, ‘Life-cycle and cohort effects in the valuation of air quality: evidence from subjective well-being data’, Land Economics, vol. 88, no. 2, pp. 300–325. doi: 10.3368/le.88.2.300
  • Michalos, A & Zumbo, B 2000, ‘Criminal victimization and the quality of life’, Social Indicators Research, vol. 50, no. 3, pp. 245–295. doi: 10.1023/A:1006930019814
  • Miller, S, Tait, P & Saunders, C 2015, ‘Estimating indigenous cultural values of freshwater: a choice experiment approach to Māori values in New Zealand’, Ecological Economics, vol. 118, no. 1, pp. 207–214. doi: 10.1016/j.ecolecon.2015.07.031
  • Ministry for the Environment 2013, Freshwater reform 2013 and beyond, Wellington, New Zealand.
  • Møller, V 2005, ‘Resilient or resigned? Criminal victimisation and quality of life in South Africa’, Social Indicators Research, vol. 72, no. 3, pp. 263–317. doi: 10.1007/s11205-004-5584-y
  • Pearce, D 1993, Economic values and the natural world. MIT Press, Cambridge, MA.
  • Pischke, J 2011, Money and happiness: evidence from the industry wage structure, Cambridge, MA.
  • Powdthavee, N 2010, ‘How much does money really matter? Estimating the causal effects of income on happiness’, Empirical Economics, vol. 39, no. 1, pp. 77–92. doi: 10.1007/s00181-009-0295-5
  • Rehdanz, K 2007, Species diversity and human well-being: a spatial econometric approach, Hamburg, Germany.
  • Rehdanz, K & Maddison, D 2005, ‘Climate and happiness’, Ecological Economics, vol. 52, no. 1, pp. 111–125. doi: 10.1016/j.ecolecon.2004.06.015
  • Sinner, J, Bell, B, Phillips, Y, Yap, M & Batstone, C 2016, ‘Choice experiments and collaborative decisions on the uses and values of rivers’, Australasian Journal of Environmental Management, vol. 23, no. 2, pp. 175–193. doi: 10.1080/14486563.2015.1086963
  • Smith, VK 1997, ‘Pricing what is priceless: a status report on non-market valuation of environmental resources’, in Henk Folmer & T Tietenberg, The international yearbook of environmental and resource economics 1997/1998: a survey of current issues, Edward Elgar, Cheltenham, pp. 156–204.
  • Smyth, R, Mishra, V & Qian, X 2008, ‘The environment and well-being in urban China’, Ecological Economics, vol. 68, no. 1, pp. 547–555. doi: 10.1016/j.ecolecon.2008.05.017
  • Spash, C & Hanley, N 1995, ‘Preferences, information and biodiversity preservation’, Ecological Economics, vol. 12, no. 3, pp. 191–208. doi: 10.1016/0921-8009(94)00056-2
  • Statistics New Zealand 2013. New Zealand General Social Survey: Technical notes, viewed 17 October 2013 http://www.stats.govt.nz/browse_for_stats/people_and_communities/Households/nzgss_HOTP2008/Technical%20Notes.aspx
  • Stutzer, A & Frey, B 2012, Recent developments in the economics of happiness: a selective overview, Bonn, Germany.
  • Tait, P, Baskaran, R, Cullen, R & Bicknell, K 2011, ‘Valuation of agricultural impacts on rivers and streams using choice modelling: a New Zealand case study’, New Zealand Journal of Agricultural Research, vol. 54, no. 3, pp. 143–154. doi: 10.1080/00288233.2011.588234
  • Trice, A & Wood, S 1958, ‘Measurement of recreation benefits’, Land Economics, vol. 34, no. 3, pp. 195–207. doi: 10.2307/3144390
  • United Nations Department of Economic and Social Affairs 2016, ‘International decade for action ‘water for life’ 2005-2015’, viewed 30 March http://www.un.org/waterforlifedecade/
  • van Praag, B & Baarsma, B 2005, ‘Using happiness surveys to value intangibles: the case of airport noise*’, The Economic Journal, vol. 115, no. 500, pp. 224–246. doi: 10.1111/j.1468-0297.2004.00967.x
  • Veenhoven, R 1996, ‘Developments in satisfaction-research’, Social Indicators Research, vol. 37, no. 1, pp. 1–46. doi: 10.1007/BF00300268
  • Welsch, H 2002, ‘Preferences over prosperity and pollution: environmental valuation based on happiness surveys’, Kyklos, vol. 55, no. 4, pp. 473–494. doi: 10.1111/1467-6435.00198
  • Welsch, H 2006, ‘Environment and happiness: valuation of air pollution using life satisfaction data’, Ecological Economics, vol. 58, no. 4, pp. 801–813. doi: 10.1016/j.ecolecon.2005.09.006
  • Welsch, H & Ferreira, S 2014, Environment, well-being, and experienced preference. Oldenburg, Germany.
  • Welsch, H & Kühling, J 2009, ‘Using happiness data for environmental valuation: issues and applications’, Journal of Economic Surveys, vol. 23, no. 2, pp. 385–406. doi: 10.1111/j.1467-6419.2008.00566.x

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.