IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-08q20007.html
   My bibliography  Save this article

A theoretical analysis of random inspections and fines in invasive species management

Author

Listed:
  • Tao Peng

    (Central Michigan University)

  • Seung Jick Yoo

    (Korea Energy Economics Institute)

Abstract

In this paper, we conduct a theoretical analysis of inspections in a stochastic environment and we shed light on two hitherto unstudied issues concerning inspections in the context of invasive species management. First, given a particular port of entry in a country, we study the properties of a random inspection scheme. Second, we compute the average total fines that will be collected in the long run by an inspection agency that uses the above inspection scheme to screen arriving ships for the presence of one or more invasive species.

Suggested Citation

  • Tao Peng & Seung Jick Yoo, 2008. "A theoretical analysis of random inspections and fines in invasive species management," Economics Bulletin, AccessEcon, vol. 17(15), pages 1-9.
    • Handle: RePEc:ebl:ecbull:eb-08q20007
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/pubs/EB/2008/Volume17/EB-08Q20007A.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Batabyal, Amitrajeet A. & Nijkamp, Peter, 2005. "On Container Versus Time Based Inspection Policies in Invasive Species Management," 2005 Annual meeting, July 24-27, Providence, RI 19356, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. McAusland, Carol & Costello, Christopher, 2004. "Avoiding invasives: trade-related policies for controlling unintentional exotic species introductions," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 954-977, September.
    3. Batabyal, Amitrajeet A., 2008. "Two theoretical issues concerning the differential treatment of trading partners in alien species management," Ecological Economics, Elsevier, vol. 64(4), pages 679-682, February.
    4. Batabyal, Amitrajeet A. & Yoo, Seung Jick, 2006. "Some statistical properties of a generic container inspection policy in invasive species management," Ecological Economics, Elsevier, vol. 60(1), pages 1-4, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Batabyal, Amitrajeet & Beladi, Hamid, 2013. "Ship inspections in invasive species management: Alternate regimes and their properties," MPRA Paper 72269, University Library of Munich, Germany.
    2. Cuicui Chen & Rebecca S. Epanchin‐Niell & Robert G. Haight, 2018. "Optimal Inspection of Imports to Prevent Invasive Pest Introduction," Risk Analysis, John Wiley & Sons, vol. 38(3), pages 603-619, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:ebl:ecbull:v:17:y:2008:i:15:p:1-9 is not listed on IDEAS
    2. Batabyal, Amitrajeet & Yoo, Seung Jick, 2008. "A theoretical analysis of random inspections and fines in invasive species management," MPRA Paper 72007, University Library of Munich, Germany.
    3. Batabyal, Amitrajeet A. & Beladi, Hamid, 2009. "Trade, the damage from alien species, and the effects of protectionism under alternate market structures," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 389-401, May.
    4. An-Sing Chen & Hui-Jyuan Gao & Mark Leung, 2008. "Is Trading Imbalance a Better Explanatory Factor in the Volatility Process? Intraday and Daily Evidence from E-mini S&P 500 Index Futures and Information-Based Hypotheses," Working Papers 0039, College of Business, University of Texas at San Antonio.
    5. Batabyal, Amitrajeet & Beladi, Hamid, 2013. "Ship inspections in invasive species management: Alternate regimes and their properties," MPRA Paper 72269, University Library of Munich, Germany.
    6. Lawley, Chad, 2008. "Non-indigenous Species and Preemptive Trade Policy," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6111, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Barbier, Edward B. & Bulte, Erwin H., 2004. "Introduction to the symposium on trade, renewable resources and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 883-890, September.
    8. Inaba, Masaru & Nutahara, Kengo, 2009. "The role of investment wedges in the Carlstrom-Fuerst economy and business cycle accounting," Economics Letters, Elsevier, vol. 105(3), pages 200-203, December.
    9. Burnett, Kimberly M. & D'Evelyn, Sean & Kaiser, Brooks A. & Nantamanasikarn, Porntawee & Roumasset, James A., 2008. "Beyond the lamppost: Optimal prevention and control of the Brown Tree Snake in Hawaii," Ecological Economics, Elsevier, vol. 67(1), pages 66-74, August.
    10. Erwin Bulte & Edward Barbier, 2005. "Trade and Renewable Resources in a Second Best World: An Overview," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(4), pages 423-463, April.
    11. Tu, Anh Thuy & Beghin, John C., 2005. "Tariff Escalation and Invasive Species Risk," 2005 Annual meeting, July 24-27, Providence, RI 19518, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Ranjan, Ram & Evans, Edward A., 2007. "Private Responses to Public Incentives for Invasive Species Management," Farm and Business - The Journal of the Caribbean Agro-Economic Society, Caribbean Agro-Economic Society, vol. 7(1), pages 1-24.
    13. Kamal Saggi & Mark Wu, 2018. "Trade and Agricultural Disease: Import Restrictions in the Wake of the India–Agricultural Products Dispute," World Scientific Book Chapters, in: Kamal Saggi (ed.), Economic Analysis of the Rules and Regulations of the World Trade Organization, chapter 21, pages 483-506, World Scientific Publishing Co. Pte. Ltd..
    14. Warziniack, Travis W. & Finnoff, David & Shogren, Jason F., 2013. "Public economics of hitchhiking species and tourism-based risk to ecosystem services," Resource and Energy Economics, Elsevier, vol. 35(3), pages 277-294.
    15. Francisco J. Areal & Laura Riesgo, 2021. "EU Inspections of GM Content in Food and Feed: Are They Effective?," Agriculture, MDPI, vol. 11(9), pages 1-18, September.
    16. David Simpson, 2008. "Preventing Biological Invasions: Doing Something vs. Doing Nothing," NCEE Working Paper Series 200811, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Nov 2008.
    17. Jardine, Sunny L. & Sanchirico, James N., 2018. "Estimating the cost of invasive species control," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 242-257.
    18. Andreas Freytag & Christoph Vietze, 2013. "Can nature promote development? The role of sustainable tourism for economic growth," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 2(1), pages 16-44, March.
    19. Anthony Rossiter & Susan M Hester, 2017. "Designing Biosecurity Inspection Regimes to Account for Stakeholder Incentives: An Inspection Game Approach," The Economic Record, The Economic Society of Australia, vol. 93(301), pages 277-301, June.
    20. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    21. Lichtenberg, Erik & Lynch, Lori, 2006. "Exotic Pests and Trade: When Is Pest-Free Status Certification Worthwhile?," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(1), pages 52-62, April.

    More about this item

    Keywords

    Invasive Species;

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-08q20007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.