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A Cost-Benefit Analysis of Introducing a Non-native Species: The Case of the Signal Crayfish in Sweden

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Author Info
Kataria, Mitesh

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Abstract

A conventional bioeconomic model is used for a cost-benefit analysis of introducing the non-native signal crayfish, which has an eradicating impact on the stock of the native noble crayfish. The values of the noble and signal crayfish populations are measured as present values of their net future revenues. The results indicate that the net benefit of an introduction is positive if the intrinsic growth rate or the carrying capacity of the noble crayfish is below 40% that of the signal crayfish. This means that, only if there are significant biological differences between the two species, economic gains can be realized by allowing introduction of the signal crayfish.

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File URL: http://purl.umn.edu/6262
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Publisher Info
Article provided by Marine Resources Foundation in its journal Marine Resource Economics.

Volume (Year): 22 (2007)
Issue (Month): 1 ()
Pages:
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Handle: RePEc:ags:mareec:6262

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Related research
Keywords: Bioeconomics; fisheries management; competing species; invasive species; Resource /Energy Economics and Policy; Q25; Q57;

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References listed on IDEAS
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  1. Coppola, G. & Pascoe, S., 1996. "A surplus production model with a non-linear catch-effort relationship," Discussion Papers 105., Centre for the Economics and Management of Aquatic Resources.
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  2. Clark, Colin W. & Munro, Gordon R., 1975. "The economics of fishing and modern capital theory: A simplified approach," Journal of Environmental Economics and Management, Elsevier, vol. 2(2), pages 92-106, December. [Downloadable!] (restricted)
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