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Protectionism, Trade, and Measures of Damage from Exotic Species Introductions

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Author Info
Christopher Costello
Carol McAusland

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Abstract

Unintentional introductions of nonindigenous plants, animals, and microbes cause significant ecological and agricultural crop damage worldwide. Trade in both manufactured and agricultural goods is a primary vector for such introductions. Fusing simple models of trade and biological introductions, we explore the links between trade, protectionism, and damage arising from exotic species introductions. We show that it is possible for freer trade to reduce damage arising from exotic species invasions. We also show how current measures of damage-heavily weighted toward agricultural damage-serve as misleading indicators of how restrictions to trade affect total losses arising from exotic species introductions. Copyright 2003 American Agricultural Economics Association.

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Publisher Info
Article provided by American Agricultural Economics Association in its journal American Journal of Agricultural Economics.

Volume (Year): 85 (2003)
Issue (Month): 4 (November)
Pages: 964-975
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Handle: RePEc:bla:ajagec:v:85:y:2003:i:4:p:964-975

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  15. Tu, Anh & Beghin, John C., 2004. "Intra-Industry Trade, Imperfect Competition, Trade Integration and Invasive Species Risk," 2004 Annual meeting, August 1-4, Denver, CO 20032, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  16. Lovell, Sabrina J. & Stone, Susan F. & Fernandez, Linda, 2006. "The Economic Impacts of Aquatic Invasive Species: A Review of the Literature," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), April. [Downloadable!]
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  18. Olson, Lars J., 2006. "The Economics of Terrestrial Invasive Species: A Review of the Literature," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), April. [Downloadable!]
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