Economics Of Managing Invasive Pest Species: Exclusion And Control
AbstractAn important policy decision in managing invasive species is how to allocate resources between activities aimed at preventing the arrival of new pests - including additional arrivals of existing pests - and activities aimed at reducing the damages done by species that are already here. We develop a dynamic model for managing a generic invasive pest with an uncertain arrival date. The optimal conditions reveal that it is generally more efficient to spend a larger share of outlays for exclusion activities before a species arrives than after it is known to be here. They also show that outlays should be allocated such that the marginal costs of control measures equal the benefits from the marginal reduction of the species' population growth rate, and the marginal costs of exclusion measures equal the benefits from the marginal reduction of the rate of subsequent arrivals.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 21948.
Date of creation: 2003
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- Tu, Anh Thuy & Beghin, John & Gozlan, Estelle, 2008.
"Tariff escalation and invasive species damages,"
Elsevier, vol. 67(4), pages 619-629, November.
- Anh Tu & John C. Beghin & Estelle Gozlan, 2005.
"Tariff Escalation and Invasive Species Risk,"
Center for Agricultural and Rural Development (CARD) Publications
05-wp407, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Anh Tu & John C. Beghin & Estelle Gozlan, 2005. "Tariff Escalation and Invasive Species Risk," Food and Agricultural Policy Research Institute (FAPRI) Publications 05-wp407, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
- 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).
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