The economic valuation of ecosystem services using deliberation as a tool for value elicitation
- Authors: Marriner, James Derek
- Date: 2021-10-29
- Subjects: Seagrasses Economic aspects South Africa , Ecosystem services South Africa , Focus groups , Deliberative democracy South Africa , Nature Effect of human beings on South Africa , Environmental economics , Contingent valuation
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/294712 , vital:57247
- Description: Marine seagrass, Zostera capensis, is a highly productive flowering marine seagrass found on the eastern and southern coasts of South Africa and provides a variety of ecosystem services, which include reducing the effects of erosion, trapping nutrients, creating a nursery habitat for fish species and reducing sedimentation. Despite their formal protection status, Z. capensis meadows are regressing, often due to anthropogenic influences. Globally, multiple studies have documented the ecological importance of seagrass services, to both humans and nature, but economic evaluations of these services have not been as extensive. Numerous valuation methods have been used in literature and in practice to value non-market environmental resources and ecosystem services, where results vary. The most widely used non-market environmental valuation method is the contingent valuation (CV) method, which allows for the valuation of environmental resources that are not sold in the market through a stated willingness to pay (WTP) amount, contingent upon a particular scenario. However, the CV method is susceptible to various limitations and forms of bias. As a result, alternative environmental valuation techniques have been reviewed in literature. Deliberation has been suggested as an improved valuation approach to overcome the criticisms of the CV technique, as it increases respondents’ understanding and knowledge of the environmental resource under discussion, through the incorporation of debate, discussion, participation and social learning, thereby producing more reliable valuations of non-market environmental resources. The deliberative monetary valuation (DMV) method has been advocated as an important valuation method to achieve more comprehensive and reliable valuations of complex and unfamiliar public goods, such as ecosystem services. This thesis explored the determinants of WTP for the protection of seagrass, and whether deliberation can be used to supplement findings and values obtained from the individually sourced WTP values. As a result, the study used a dual-method approach to obtain both individual and deliberated WTP values from a range of stakeholders with varied socio-demographic characteristics by using both the CV method and a deliberative focus group, for the ecosystem services that seagrass Z. capensis provides to the Knysna community, South Africa. The results showed that age, education, use frequency and mistrust in local government were determinants in WTP, while deliberative elements uncovered that respondents’ knowledge of an environmental resource and a consideration of the valuation scenario were important factors in determining WTP. It was found that 55% of the respondents were willing to pay to conserve the ecosystem services of seagrass in the Knysna estuary through a monitoring programme. Among those that were willing, the mean WTP amount was approximately R132 per month per household. Although the circumstances in which the deliberative focus group discussion were run were not ideal because of the COVID-19 lockdown, the results showed some interesting potential benefits of using deliberation in complex public good valuation studies. , Thesis (MEcon) -- Faculty of Commerce, Economics and Economic History, 2021
- Full Text:
- Date Issued: 2021-10-29
- Authors: Marriner, James Derek
- Date: 2021-10-29
- Subjects: Seagrasses Economic aspects South Africa , Ecosystem services South Africa , Focus groups , Deliberative democracy South Africa , Nature Effect of human beings on South Africa , Environmental economics , Contingent valuation
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/294712 , vital:57247
- Description: Marine seagrass, Zostera capensis, is a highly productive flowering marine seagrass found on the eastern and southern coasts of South Africa and provides a variety of ecosystem services, which include reducing the effects of erosion, trapping nutrients, creating a nursery habitat for fish species and reducing sedimentation. Despite their formal protection status, Z. capensis meadows are regressing, often due to anthropogenic influences. Globally, multiple studies have documented the ecological importance of seagrass services, to both humans and nature, but economic evaluations of these services have not been as extensive. Numerous valuation methods have been used in literature and in practice to value non-market environmental resources and ecosystem services, where results vary. The most widely used non-market environmental valuation method is the contingent valuation (CV) method, which allows for the valuation of environmental resources that are not sold in the market through a stated willingness to pay (WTP) amount, contingent upon a particular scenario. However, the CV method is susceptible to various limitations and forms of bias. As a result, alternative environmental valuation techniques have been reviewed in literature. Deliberation has been suggested as an improved valuation approach to overcome the criticisms of the CV technique, as it increases respondents’ understanding and knowledge of the environmental resource under discussion, through the incorporation of debate, discussion, participation and social learning, thereby producing more reliable valuations of non-market environmental resources. The deliberative monetary valuation (DMV) method has been advocated as an important valuation method to achieve more comprehensive and reliable valuations of complex and unfamiliar public goods, such as ecosystem services. This thesis explored the determinants of WTP for the protection of seagrass, and whether deliberation can be used to supplement findings and values obtained from the individually sourced WTP values. As a result, the study used a dual-method approach to obtain both individual and deliberated WTP values from a range of stakeholders with varied socio-demographic characteristics by using both the CV method and a deliberative focus group, for the ecosystem services that seagrass Z. capensis provides to the Knysna community, South Africa. The results showed that age, education, use frequency and mistrust in local government were determinants in WTP, while deliberative elements uncovered that respondents’ knowledge of an environmental resource and a consideration of the valuation scenario were important factors in determining WTP. It was found that 55% of the respondents were willing to pay to conserve the ecosystem services of seagrass in the Knysna estuary through a monitoring programme. Among those that were willing, the mean WTP amount was approximately R132 per month per household. Although the circumstances in which the deliberative focus group discussion were run were not ideal because of the COVID-19 lockdown, the results showed some interesting potential benefits of using deliberation in complex public good valuation studies. , Thesis (MEcon) -- Faculty of Commerce, Economics and Economic History, 2021
- Full Text:
- Date Issued: 2021-10-29
The relationship between green behaviours and their effect on the performance of small businesses in South Africa
- Authors: Banana, Zingisa
- Date: 2021-01
- Subjects: Small business--Management , Environmental economics
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21377 , vital:48514
- Description: Purpose: Academics and the government are placing more emphasis and importance on the role that enterprises can play in response to challenges of the environment. This study aimed to establish the relationship between green behaviours and the performance of small businesses in South Africa. Green behaviours are measured as consisting of green entrepreneurial orientation, green technology dynamism and green innovation behaviour. Conversely, performance is defined as consisting of environmental performance, objective performance and subjective performance. Design/methodology/approach: To achieve the purpose of this study, the study adopted a positivist paradigm which is motivated by the quantitative approach using a descriptive research design. Self-administered questionnaires were employed with a sample of 180 participants that were randomly selected across small businesses in the Buffalo City Metropolitan Municipality in the Eastern Cape province of South Africa. Findings/results: The major findings of the study, using simple linear regression analysis, revealed that a significant positive relationship between green entrepreneurial orientation and environmental, objective and subjective performance does exist. However, the hierarchical regression analysis results revealed that green technology dynamism and green innovation behaviour do not moderate the relationship between green entrepreneurial orientation and performance as measured by environmental, objective and subjective performance dimensions. Practical implications: Based on the findings of the study, small businesses need to develop policy related to promoting green behaviours, given that green entrepreneurial orientation has been found to be related to performance. Originality/value: The results of this study could guide small business owners and managers in the implementation of environmentally-friendly practices in an effort to reduce green economy issues and environmental problems facing the present generation. , Thesis (MCom) (Business Management) -- University of Fort Hare, 2021
- Full Text:
- Date Issued: 2021-01
- Authors: Banana, Zingisa
- Date: 2021-01
- Subjects: Small business--Management , Environmental economics
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21377 , vital:48514
- Description: Purpose: Academics and the government are placing more emphasis and importance on the role that enterprises can play in response to challenges of the environment. This study aimed to establish the relationship between green behaviours and the performance of small businesses in South Africa. Green behaviours are measured as consisting of green entrepreneurial orientation, green technology dynamism and green innovation behaviour. Conversely, performance is defined as consisting of environmental performance, objective performance and subjective performance. Design/methodology/approach: To achieve the purpose of this study, the study adopted a positivist paradigm which is motivated by the quantitative approach using a descriptive research design. Self-administered questionnaires were employed with a sample of 180 participants that were randomly selected across small businesses in the Buffalo City Metropolitan Municipality in the Eastern Cape province of South Africa. Findings/results: The major findings of the study, using simple linear regression analysis, revealed that a significant positive relationship between green entrepreneurial orientation and environmental, objective and subjective performance does exist. However, the hierarchical regression analysis results revealed that green technology dynamism and green innovation behaviour do not moderate the relationship between green entrepreneurial orientation and performance as measured by environmental, objective and subjective performance dimensions. Practical implications: Based on the findings of the study, small businesses need to develop policy related to promoting green behaviours, given that green entrepreneurial orientation has been found to be related to performance. Originality/value: The results of this study could guide small business owners and managers in the implementation of environmentally-friendly practices in an effort to reduce green economy issues and environmental problems facing the present generation. , Thesis (MCom) (Business Management) -- University of Fort Hare, 2021
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- Date Issued: 2021-01
Beyond greening: reflections on the business sustainability imperative
- Authors: Smith, Elroy Eugene
- Subjects: Sustainable development , Environmental economics , f-sa
- Language: English
- Type: text , Lectures
- Identifier: http://hdl.handle.net/10948/20768 , vital:29387
- Description: This paper sets out to reflect that organisations should go beyond greening and embrace the sustainability imperative. The concept of greening and environmentalism reached a ceiling as it focuses only on short-term green issues rather than on long-term sustainability goals. Narrow concerns for the natural environment often dilute the true meaning of sustainability. Yet, the field of sustainability is much broader than just focusing on environmental issues. Most contemporary executives know that their response to the challenges of sustainability could seriously affect the competitiveness and survival of their organisations. Despite this notion, most are failing by launching a few greening initiatives without a clear sustainability vision and plan. The sustainability discourse expanded the manner in which organisational success is measured, using values and criteria from the economic, environmental and social realms – commonly known as the triple bottom line. The idea is to balance the needs of people, the planet and the organisation’s profits to create long-term shareholder value. The concept of sustainability has suffered from a proliferation of definitions, meaning many things to different people. However, consensus is forming that sustainability refers to the process by which sound economic systems operate well within the biophysical constraints of the ecosystem to provide a good quality of life that is socially appropriate for current and future generations. Sustainability is bigger than a publicity stunt, green products or occasional acknowledgement to on-going efforts to save the planet. Although greening will be a central part of the way business is conducted, green alone is not a broad enough platform to sustain a business in the long-run. There is a need to look beyond the green aspects of sustainability and also using the social, economic and cultural aspects to build a successful and sustainable organisation. 2 This paper addresses aspects such as the sustainability paradigm, dimensions and drivers of sustainability, statistical evidence of sustainability, national framework for sustainable development in South Africa, a sustainability case example and challenges of sustainability.
- Full Text:
- Authors: Smith, Elroy Eugene
- Subjects: Sustainable development , Environmental economics , f-sa
- Language: English
- Type: text , Lectures
- Identifier: http://hdl.handle.net/10948/20768 , vital:29387
- Description: This paper sets out to reflect that organisations should go beyond greening and embrace the sustainability imperative. The concept of greening and environmentalism reached a ceiling as it focuses only on short-term green issues rather than on long-term sustainability goals. Narrow concerns for the natural environment often dilute the true meaning of sustainability. Yet, the field of sustainability is much broader than just focusing on environmental issues. Most contemporary executives know that their response to the challenges of sustainability could seriously affect the competitiveness and survival of their organisations. Despite this notion, most are failing by launching a few greening initiatives without a clear sustainability vision and plan. The sustainability discourse expanded the manner in which organisational success is measured, using values and criteria from the economic, environmental and social realms – commonly known as the triple bottom line. The idea is to balance the needs of people, the planet and the organisation’s profits to create long-term shareholder value. The concept of sustainability has suffered from a proliferation of definitions, meaning many things to different people. However, consensus is forming that sustainability refers to the process by which sound economic systems operate well within the biophysical constraints of the ecosystem to provide a good quality of life that is socially appropriate for current and future generations. Sustainability is bigger than a publicity stunt, green products or occasional acknowledgement to on-going efforts to save the planet. Although greening will be a central part of the way business is conducted, green alone is not a broad enough platform to sustain a business in the long-run. There is a need to look beyond the green aspects of sustainability and also using the social, economic and cultural aspects to build a successful and sustainable organisation. 2 This paper addresses aspects such as the sustainability paradigm, dimensions and drivers of sustainability, statistical evidence of sustainability, national framework for sustainable development in South Africa, a sustainability case example and challenges of sustainability.
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