Advanced Search
MyIDEAS: Login

A spatial-dynamic value transfer model of economic losses from a biological invasion

Contents:

Author Info

  • Holmes, Thomas P.
  • Liebhold, Andrew M.
  • Kovacs, Kent F.
  • Von Holle, Betsy

Abstract

Rigorous assessments of the economic impacts of introduced species at broad spatial scales are required to provide credible information to policy makers. We propose that economic models of aggregate damages induced by biological invasions need to link microeconomic analyses of site-specific economic damages with spatial-dynamic models of value change associated with invasion spread across the macro-scale landscape. Recognizing that economic impacts of biological invasions occur where biological processes intersect the economic landscape, we define the area of economic damage (AED) as the sum of all areas on the physical landscape that sustain economic damage from a biological invasion. By subsuming fine-scale spatial dynamics in the AED measure, temporal dynamics of the AED can be estimated from an empirical distribution of the AED effective range radius over time. This methodology is illustrated using the case of a non-native forest pest, the hemlock woolly adelgid (HWA; Adelges tsugae). Geographic Information Systems and spatially referenced data provide the basis for statistical estimation of a spatial-dynamic value transfer model which indicates that HWA is annually causing millions of dollars of economic losses for residential property owners in the eastern United States.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6VDY-511HN21-1/2/6ded147f4a0868f82465dc419349096a
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Ecological Economics.

Volume (Year): 70 (2010)
Issue (Month): 1 (November)
Pages: 86-95

as in new window
Handle: RePEc:eee:ecolec:v:70:y:2010:i:1:p:86-95

Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolecon

Related research

Keywords: Invasive species Hemlock woolly adelgid Adelges tsugae Population dynamics Non-market values Economic damage Quantile regression;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Guy Garrod & Ken Willis, 1992. "The amenity value of woodland in Great Britain: A comparison of economic estimates," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 2(4), pages 415-434, July.
  2. I.J. Bateman & A.P. Jones & A.A. Lovett & I.R. Lake & B.H. Day, 2002. "Applying Geographical Information Systems (GIS) to Environmental and Resource Economics," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 219-269, June.
  3. Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
  4. Troy, Austin & Wilson, Matthew A., 2006. "Mapping ecosystem services: Practical challenges and opportunities in linking GIS and value transfer," Ecological Economics, Elsevier, vol. 60(2), pages 435-449, December.
  5. Koenker,Roger, 2005. "Quantile Regression," Cambridge Books, Cambridge University Press, number 9780521845731, October.
  6. Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
  7. Robert W. Paterson & Kevin J. Boyle, 2002. "Out of Sight, Out of Mind? Using GIS to Incorporate Visibility in Hedonic Property Value Models," Land Economics, University of Wisconsin Press, vol. 78(3), pages 417-425.
  8. Smith, Martin D. & Sanchirico, James N. & Wilen, James E., 2009. "The economics of spatial-dynamic processes: Applications to renewable resources," Journal of Environmental Economics and Management, Elsevier, vol. 57(1), pages 104-121, January.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:70:y:2010:i:1:p:86-95. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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