Claire A. Doll, David J. Pannell, Michael P. Burton
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Economic evaluation of alternative urban park designs that conserve irrigation water
Increasing the area of drought-tolerant native vegetation in urban parks is a potential strategy to adapt to growing water scarcity under climate change. With a case study in Perth, Australia, we undertake benefit–cost analyses to understand the potential impacts of modifying urban park landscape designs away from conventions dominated by watered grass towards alternatives with more native vegetation. Considering the costs of establishing and maintaining alternative designs alone, we find that local governments can save money by reducing the extent of watered grass cover in parks. Incorporating nonmarket benefits into the analyses provides evidence of positive community net benefits from making changes to conventional park designs. We show that an alternative park design featuring a mix of 60% native vegetation and 40% watered grass delivers the highest net benefits for both new park development and retrofits to existing parks. These findings suggest it is time to rethink urban park design norms in Australia to better align landscaping choices with community preferences under a changing climate.
期刊介绍:
The Australian Journal of Agricultural and Resource Economics (AJARE) provides a forum for innovative and scholarly work in agricultural and resource economics. First published in 1997, the Journal succeeds the Australian Journal of Agricultural Economics and the Review of Marketing and Agricultural Economics, upholding the tradition of these long-established journals.
Accordingly, the editors are guided by the following objectives:
-To maintain a high standard of analytical rigour offering sufficient variety of content so as to appeal to a broad spectrum of both academic and professional economists and policymakers.
-In maintaining the tradition of its predecessor journals, to combine articles with policy reviews and surveys of key analytical issues in agricultural and resource economics.