Coverage of Riparian Vegetation
WTP to increase the kilometers of healthy native riverside vegetation in the George catchment, Tasmania Fire
Flood
Storm
Earthquake
Tsunami
Heatwave
WTP DetailsHazard types identified
Human activity
Specific Value Type measured
Riparian vegetation
Currency Year - original study
WTP estimate - original study value
$4.25 per household per kilometer of native riverside vegetation
Currency - original study
AUD
WTP converted to $AU in original year from the study
$4.25 AUD
WTP measure
Mean
95% confidence interval (upper)
$5.43 AUD
95% confidence interval (lower)
$2.98 AUD
Other variables that significantly explain WTP
Cost, native riverside vegetation, rare species Study DetailsValue type applicable
Water Quality
Study conducted in the context of a natural hazard?
No
Study quality
High
Benefits transfer applicability
Average
Recommendations
Useful for BT in Australia - be aware of generalised context - not NH specific
MethodsData collection method used
Choice modeling
Analysis model
Mixed logit
Modelled number of individuals
547
Modelled number of observations
2714
Sample CharacteristicsCountry/region studied
George catchment, Tasmania
Country of source studies
Australia
Sampled population
Hobart and Launceston, Tasmania
Range in years of data
n/a
Mean sample age
n/a
Percent Male
34
Percent Female
66
Mean sample income
n/a
Income units
n/a
PublicationAttribute Framing in Choice Experiments: How Do Attribute Level Descriptions Affect Value Estimates?Kragt, M.E., Bennett, J.W. 2012. Attribute Framing in Choice Experiments: How Do Attribute Level Descriptions Affect Value Estimates? Environ Resource Econ (2012) 51:43–59 DOI 10.1007/s10640-011-9487-5
Citation
Kragt and Bennett, 2012
Year published
Peer reviewed?
Yes
Journal name
Environment and Resource Economics
Additional informationNotes on this study
n/a |