Wj. Streever et al., PUBLIC-ATTITUDES AND VALUES FOR WETLAND CONSERVATION IN NEW-SOUTH-WALES, AUSTRALIA, Journal of environmental management, 54(1), 1998, pp. 1-14
This study, modeled after a study conducted in the New England region
of the United States, estimates a willingness-to-pay value and examine
s attitudes about wetland conservation in New South Wales, Australia.
Respondents to a questionnaire survey indicated a median willingness-t
o-pay of A$100 (A$=Australian dollars) (upper quartile=A$150, lower qu
artile=A$50) per household per year for 5 years and a mean of A$124.37
(95%Cl=A$107.49-141.24). A conservative estimate of the aggregate val
ue of wetlands in New South Wales, based on willingness-to-pay values
reported by respondents and assuming that nonrespondents are not willi
ng to pay for wetland conservation, is A$38 million per year for the n
ext 5 years. In absolute terms, willingness-to-pay in New South Wales
was somewhat lower than that of New England, but when compared as a fr
action of the gross domestic product for Australia and the United Stat
es, willingness-to-pay was slightly higher in New South Wales. Over 90
% of respondents considered the intrinsic value of wetlands and the im
portance of conserving wetlands for future generations when answering
questions about willingness-to-pay. (C) 1998 Academic Press.