Valuing Australia's protected areas: A life satisfaction approach

New Zealand Economic Papers

Volumn 46, Issue 3, 2012, Pages 191-209

  Ambrey, Christopher L ^a   Fleming, Christopher M ^a  

^a GRIFFITH UNIVERSITY   (Australia)

Author keywords

happiness; Household, Income and Labour Dynamics in Australia (HILDA); life satisfaction; non market valuation; protected areas

Indexed keywords

EID: 84868279641     PISSN: 00779954     EISSN: 19434863     Source Type: Journal    
DOI: 10.1080/00779954.2012.697354     Document Type: Article

References (72)

1. Ambrey, C. and Fleming, C. 2011. Valuing scenic amenity using life satisfaction data. Ecological Economics, 72(1): 106-115.
2. Australian Bureau of Statistics. 2010. Australian Standard Geographical Classification. Catalogue No. 1216.0. Canberra
3. Australian Government. 2012. "Collaborative Australia Protected Area Database (CAPAD) 2008. Retrieved April 14, 2012, fromhttp://www.environment.gov.au/parks/nrs/science/capad/2008/index.html".
4. Beal, D. 1995a. Estimation of the elasticity of demand for camping visits to a national park in south-east Queensland. Australian Leisure, 7(1): 21-26.
5. Beal, D. 1995b. A travel cost analysis of the value of Carnarvon Gorge National Park for recreational use. Review of Marketing and Agricultural Economics, 63(2): 292-303.
6. Blanchflower, D. and Oswald, A. 2004. Well-being over time in Britain and the USA. Journal of Public Economics, 88(7-8): 1359-1386.
7. Brereton, F., Clinch, J. and Ferreira, S. 2008. Happiness, geography and the environment. Ecological Economics, 65(2): 386-396.
8. Burke, T. (2012). Gillard Government commits to another five years of caring for our country. Retrieved May 11, 2012, fromhttp://www.environment.gov.au/minister/burke/2012/mr20120508c.html
9. Carroll, N., Frijters, P. and Shields, M. 2009. Quantifying the costs of drought: New evidence from life satisfaction data. Journal of Population Economics, 22(2): 445-461.
10. Chay, K. and Greenstone, M. 2005. Does air quality matter? Evidence from the housing market. Journal of Political Economy, 113(2): 376-425.
11. Chen, P., Dai, T., Spector, P. and Jex, S. 1997. Relation between negative affectivity and positive affectivity: Effects of judged desirability of scale items and respondents' social desirability. Journal of Personality Assessment, 69(1): 183-198.
12. Clark, A., Frijters, P. and Shields, M. 2008. Relative income, happiness, and utility: An explanation for the Easterlin Paradox and other puzzles. Journal of Economic Literature, 46(1): 95-144.
13. Cooper, C. and Morpeth, N. 1997. The impact of tourism on residential experience in central-eastern Europe: The development of a new legitimation crisis in the Czech Republic. Urban Studies, 35(12): 2253-2275.
14. Dixon, J. and Sherman, P. 1991. Economics of protected areas. Ambio, 20(2): 68-74.
15. Dudley, N. (Ed.). (2008). Guidelines for applying protected area management categories. Gland, Switzerland: IUCN
16. Duthy, S. 2002. Whian Whian-State Forest or National Park: Community attitudes and economic values. Economic Analysis and Policy, 32(2): 91-106.
17. Evans, M. and Kelley, J. 2004. Effect of family structure on life satisfaction: Australian evidence. Social Indicators Research, 69(3): 303-349.
18. Ferreira, S. and Moro, M. 2010. On the use of subjective well-being data for environmental valuation. Environmental & Resource Economics, 46(3): 249-273.
19. Ferrer-i-Carbonell, A. 2005. Income and well-being: An empirical analysis of the comparison income effect. Journal of Public Economics, 89(5-6): 997-1019.
20. Fleming, C. and Cook, A. 2008. The recreational value of Lake McKenzie, Fraser Island: An application of the travel cost method. Tourism Management, 29(6): 1197-1205.
21. Freeman, A. 2003. The measurement of environmental and resource values: Theory and methods, 2nd edn, Washington DC: Resources for the Future.
22. Frey, B., Luechinger, S. and Stutzer, A. 2010. The life satisfaction approach to environmental valuation. Annual Review of Resource Economics, 2(1): 139-160.
23. Frey, B. and Stutzer, A. 2002a. Happiness and economics: How the economy and institutions affect human well-being, Princeton: Princeton University Press.
24. Frey, B. and Stutzer, A. 2002b. What can economists learn from happiness research?. Journal of Economic Literature, 40(2): 402-435.
25. Frijters, P. and van Praag, B. 1998. The effects of climate on welfare and well-being in Russia. Climatic Change, 39(1): 61-81.
26. Gong, H., Cassells, R. and Keegan, M. Understanding life satisfaction and the education puzzle in Australia:. A profile from HILDA wave 9. NATSEM Working Paper No. 11/12. University of Canberra. Canberra
27. Greig, P. 1973. The Management Decision-Making Process in the Multiple Use of Forested Lands, with Particular Reference to Outdoor Recreation, MSc thesis, University of Melbourne, Melbourne.
28. Hayes, C. and Watson, N. HILDA imputation methods. HILDA Project Technical Paper Series No. 2/09. Melbourne Institute of Applied Social and Economic Research. Melbourne.
29. Helliwell, J. 2003. How's life? Combining individual and national variables to explain subjective well-being. Economic Modelling, 20(2): 331-360.
30. Herath, G. and Kennedy, J. 2004. Estimating the economic value of Mount Buffalo National Park with the travel cost and contingent valuation models. Tourism Economics, 10(1): 63-78.
31. Hundloe, T., McDonald, G., Blamey, R., Wilson, B. and Carter, M. 1990. "Socio-economic analysis of non-extractive natural resource uses in the Great Sandy Region". In Report to the Queensland Department of Environment and Heritage, Brisbane: Griffith University.
32. Imber, D., Stevenson, G. and Wilks, L. A contingent valuation survey of the Kakadu Conservation Zone. Research Paper No. 3. Resource Assessment Commission. Canberra.
33. IUCN (Ed.). (1994). Guidelines for protected area management categories. Gland, Switzerland: IUCN
34. Knapman, B. and Stanley, O. 1991. "A travel cost analysis of the recreation use value of Kakadu National Park". In Resource Assessment Commission Inquiry into the Kakadu Conservation Zone Canberra
35. Krueger, A. and Schkade, D. 2008. The reliability of subjective well-being measures. Journal of Public Economics, 92(8-9): 1833-1845.
36. Lockwood, M. and Tracy, K. 1995. Nonmarket economic valuation of an urban recreation park. Journal of Leisure Research, 27(2): 155-167.
37. Luechinger, S. 2009. Valuing air quality using the life satisfaction approach. The Economic Journal, 119(536): 482-515.
38. Luechinger, S. 2010. Life satisfaction and transboundary air pollution. Economic Letters, 107(1): 4-6.
39. Luechinger, S. and Raschky, P. 2009. Valuing flood disasters using the life satisfaction approach. Journal of Public Economics, 93(3-4): 620-633.
40. MacKerron, G. Mean streets, green streets: Valuing urban environmental quality with spatial subjective wellbeing data. Paper presented at the Sire Workshop on Well-being, Happiness and the Environment. University of Stirling.
41. MacKerron, G. (2011, in press). Happiness economics from 35 000 feet. Journal of Economic Surveys, doi: 10.1111/j.1467-6419.2010.00672.x
42. MacKerron, G. and Mourato, S. 2009. Life satisfaction and air quality in London. Ecological Economics, 68(5): 1441-1453.
43. Maddison, D. and Rehdanz, K. 2011. The impact of climate on life satisfaction. Ecological Economics, 70(12): 2437-2445.
44. Margolis, R. and Myrskyla, M. A global perspective on happiness and fertility. Working Paper No. 2010-025. Max Plank Institute for Demographic Research, Rostock.
45. Menz, T. 2011. Do people habituate to air pollution? Evidence from international life satisfaction data. Ecological Economics, 71(1): 211-219.
46. Moulton, B. 1990. An illustration of a pitfall in estimating the effects of aggregate variables on micro units. Review of Economics and Statistics, 72(2): 334-338.
47. Nillesen, E., Wesseler, J. and Cook, A. 2005. Estimating the recreational-use value for hiking in Bellenden Ker National Park, Australia. Environmental Management, 36(2): 311-316.
48. Nunes, P. and van den Bergh, J. 2001. Economic valuation of biodiversity: Sense or nonsense?. Ecological Economics, 39(2): 203-222.
49. Oreopoulos, P. 2007. Do dropouts drop out too soon? Wealth, health and happiness from compulsory schooling. Journal of Public Economics, 91(11-12): 2213-2229.
50. Pearson, L., Tisdell, C. and Lisle, A. 2002. The impact of Noosa National Park on surrounding property values: An application of the Hedonic Price Method. Economic Analysis and Policy, 32(2): 155-171.
51. Pischke, J. Money and happiness: Evidence from the industry wage structure. National Bureau of Economic Research Working Paper No. 17056. Cambridge, MA.
52. Powdthavee, N. 2010. How much does money really matter? Estimating the causal effects of income on happiness. Empirical Economics, 39(1): 77-92.
53. Powdthavee, N. and Van Praag, B. 2011. Putting different price tags on the same health condition: Re-evaluating the well-being valuation approach. Journal of Health Economics, 30(5): 1032-1043.
54. Sappideen, B. 1992. "Valuing the recreational benefits of Sale Wetlands using contingent valuation". In Valuing natural areas: Applications and problems of the contingent valuation method, Edited by: Lockwood, M. and DeLacey, T. 12-19. Charles Sturt University, Albury: The Johnstone Centre of Parks, Recreation and Heritage.
55. Saucier, G. 1994. Mini-markers: A brief version of Goldberg's unipolar Big-Five markers. Journal of Personality Assessment, 63(3): 506-516.
56. Scoccimarro, M. 1992. An analysis of user-pays for Queensland National Parks: A case study of Green Mountains, Bachelor of Economics (Honours) thesis, University of Queensland, Brisbane.
57. Shields, M., Price, S. and Wooden, M. 2009. Life satisfaction and the economic and social characteristics of neighbourhoods. Journal of Population Economics, 22(2): 421-443.
58. Smyth, R., Mishra, V. and Qian, X. 2008. The environment and well-being in urban China 547-555. Ecological Economics, 68(1-2),.
59. Spash, C. and Hanley, N. 1995. Preferences, information and biodiversity preservation. Ecological Economics, 12(3): 191-208.
60. Stoeckl, N. 1993. A travel cost analysis of Hinchinbrook Island National Park, Master of Economics thesis, James Cook University, Townsville.
61. Stutzer, A. and Frey, B. 2008. Stress that doesn't pay: The commuting paradox. The Scandinavian Journal of Economics, 110(2): 339-366.
62. Tapsuwan, S., Burton, M. and Perriam, J. 2010. A multivariate probit analysis of willingness to pay for cave conservation: A case study of Yanchep National Park, Western Australia. Tourism Economics, 16(4): 1019-1035.
63. Tisdell, C. 2006. "Valuation of tourism's natural resources". In International handbook on the economics of tourism, Edited by: Dwyer, L. and Forsyth, P. 359-378. Cheltenham: Edward Elgar.
64. Ulph, A. and Reynolds, J. 1981. "An economic evaluation of national parks. Monograph No. 4, Centre for Resource and Environmental Studies". Australian National University, Canberra.
65. van Praag, B. and Baarsma, B. 2005. Using happiness surveys to value intangibles: The case of airport noise. The Economic Journal, 115(500): 224-246.
66. Veenhoven, R. 1996. Developments in satisfaction research. Social Indicators Research, 37(1): 1-46.
67. Watson, N. and Wooden, M. 2004. Sample attrition in the HILDA survey, 293-308. Australian Journal of Labour Economics, 7(2).
68. Watson, N. and Wooden, M. 2010. The HILDA survey: Progress and future developments. The Australian Economic Review, 43(3): 326-336.
69. Welsch, H. 2002. Preferences over prosperity and pollution: Environmental valuation based on happiness surveys. Kyklos, 55(4): 473-494.
70. Welsch, H. (2006). Environment and happiness: Valuation of air pollution using life satisfaction data. Ecological Economics, 58(4), 801-813
71. Welsch, H. and Kuhling, J. 2009. Using happiness data for environmental valuation: Issues and applications. Journal of Economic Surveys, 23(2): 385-406.
72. Wooden, M., Warren, D. and Drago, R. 2009. Working time mismatch and subjective well-being, 147-179. British Journal of Industrial Relations. 47(1)