publication . Research . 2002

The WTP for property rights for the Giant Panda: can a charismatic species be an instrument for conservation of natural habitat?

Kontoleon, A.; Swanson, T.;
Open Access English
  • Published: 01 Jan 2002
  • Publisher: Centre for Social and Economic Research on the Global Environment (CSERGE)
  • Country: United Kingdom
Abstract
The paper presents the results from a stated preference study to address issues concerning the potential for using flag-ship species, such as the Giant Panda, to purchase the property rights for the conservation of natural habitat. The study finds, first, that there is clear WTP for acquiring the property rights for panda habitat. The nature of this demand is found both convincing and logically coherent in that it is an increasing function of land (at a diminishing rate). Secondly, the study decomposed the elicited values into genetic stock, animal welfare and implicit biodiversity values. The results show that the latter type of value consist of almost half of ...
Subjects
free text keywords: Flag-ship species, existence value, contingent valuation, Giant Panda
Related Organizations
Download from
UCL Discovery
Research . 2002
34 references, page 1 of 3

Alexander, Robert R.(2000) , Modelling species extinction: the case for non-consumptive values, Ecological Economics (35)2 (2000) pp. 259-269

Bartholomew, D.J. (1987) Latent variable models and factor analysis, London: Griffin

Bateman, I.J, Cole, M , Cooper, P. , Georgiou, S. , Hadley, D. and POE, G.L., (2001a) Visible Choice Sets and Scope Sensitivity: An Experimental and Field Test of Study Design Effects upon Contingent Values, Paper submitted to The Eleventh Annual Conference of the European Association of Environmental and Resource Economists (EAERE) University of Southampton, United Kingdom, June 28th - June 30th 2001.

Donaldson, C et al (1998) 'Limited Dependent Variables in Willingness to Pay Studies: Applications in Health Care, Applied Economics, 30, pp. 667-677.

Fischhoff, B., M.J. Quandrel, M. Kamlet, G. Lowenstein, R. Dawes, P. Fishbeck, S. Klepper, J. Leland, and P. Stroh. (1993) "Embedding Effects: Stimulus Representation and Response Modes." Journal of Risk and Uncertainty 6, pp. 211- 234.

Fredman, P. (1995). The Existence of existence value: a study of the economic benefits of an endangered species. Journal of Forest Economics 1(3): 307-327.

Freeman, M.A. (1993) 'Non-use values in Natural Resource Damage Assessment' in Kopp and Smith (Eds) (1993) Valuing natural assets : the economics of natural resource damage assessment, Washington, D.C : Resources for the Future.

Greene, W., 1990. Econometric Analysis, Macmillan, New York.

Hoehn, J.P. (1991) 'Valuing the Multi-Dimensional Impacts of Environmental Policy: Theory and Methods' American Journal of Agricultural Economies, 73, pp. 289- 299.

Jorgensen, Bradley S. Mathew A. Wilson, Thomas A. Heberlein (2001), 'Fairness in the contingent valuation of environmental public goods: attitude toward paying for environmental improvements at two levels of scope', Ecological Economics (36)1, pp. 133-148

Kahneman, D. and J. Knetsch (1992) 'Valuing Public Goods: The Purchase of Moral Satisfaction', Journal of Environmental Economics and Management 22, 55-70. [OpenAIRE]

Loomis, J.B. (1988) 'Broadening the concept and measurement of existence value', Northeastern Journal of Agricultural Resource Economics, 17, pp.23-29. [OpenAIRE]

Loomis, J.B. and K. Giraud (1997) Economic Benefits of Endangered Fish and Wildlife Species: Literature Review and Case Study of Values for Preventing Extinction of Fish Species, Department of Agr and Resource Economics, Colorado State University, Mimeograph: 45pp.

Loomis, John, B. and Douglas, S. White, (1996) 'Economic Benefits of Rare and Endangered Species: Summary and Meta-analysis', Ecological Economics 18(3), pp.197-206.

MacKinnon, J. & De Wulf, R. (1994) Designing protected areas for giant pandas in China. In: Miller, R.I. (ed). Mapping the Diversity of Nature. Chapman and Hall: London. 127-142.

34 references, page 1 of 3
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue