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International Trade And Biological Invasions: A Queuing Theoretic Analysis Of The Prevention Problem

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  • Beladi, Hamid
  • Batabyal, Amitrajeet A.

Abstract

We propose and develop a new framework for studying the problem of preventing biological invasions caused by ships transporting internationally traded goods between countries and continents. In particular, we apply the methods of queuing theory to analyze the problem of preventing a biological invasion from a long run perspective. First, we characterize two simple regulatory regimes as two different kinds of queues. Second, we show how to pose a publically owned port manager'’s decision problem as an optimization problem using queuing theoretic techniques. Third, we compare and contrast the optimality conditions emanating from our analysis of the M/M/I/U and the M/M/I/I inspection regimes. We conclude by discussing possible extensions to our basic models.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 19912.

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Date of creation: 2004
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Handle: RePEc:ags:aaea04:19912

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Keywords: International Relations/Trade;

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References

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  1. Mark E. Eiswerth & G. Cornelis van Kooten, 2002. "Uncertainty, Economics, and the Spread of an Invasive Plant Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1317-1322.
  2. Mark Eiswerth & Wayne Johnson, 2002. "Managing Nonindigenous Invasive Species: Insights from Dynamic Analysis," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 23(3), pages 319-342, November.
  3. Batabyal, Amitrajeet A., 1995. "The Queuing Theoretic Approach To Groundwater Management," Economics Research Institute, ERI Study Papers 28349, Utah State University, Economics Department.
  4. Lars J. Olson & Santanu Roy, 2002. "The Economics of Controlling a Stochastic Biological Invasion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1311-1316.
  5. Richard D. Horan & Charles Perrings & Frank Lupi & Erwin H. Bulte, 2002. "Biological Pollution Prevention Strategies under Ignorance:The Case of Invasive Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1303-1310.
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Cited by:
  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. Koo, Won W. & Mattson, Jeremy W., 2004. "Economics Of Detection And Control Of Invasive Species: Workshop Highlights," Special Reports 23068, North Dakota State University, Center for Agricultural Policy and Trade Studies.
  3. Surkov, Ilya V. & Oude Lansink, Alfons G.J.M. & van Kooten, Olaf, 2006. "An empirical model of optimal import phytosanitary inspection," 2006 Annual meeting, July 23-26, Long Beach, CA 21253, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. An-Sing Chen & Hui-Jyuan Gao & Mark Leung, . "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. Amitrajeet Batabyal & Peter Nijkamp, 2008. "Optimal resource management in the presence of a deleterious alien species: a stochastic model for an orchard," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer, vol. 1(2), pages 107-115, December.
  6. Amitrajeet A. Batabyal & Peter Nijkamp, 2007. "Optimal Resource Management in the Presence of a Deleterious Alien Species," Tinbergen Institute Discussion Papers 07-085/3, Tinbergen Institute.
  7. Hennessy, David A., 2012. "Biosecurity Incentives, Network Effects, and Entry of a Rapidly Spreading Pest," Staff General Research Papers 35016, Iowa State University, Department of Economics.
  8. Amitrajeet A. Batabyal & Hamid Beladi, . "Trade, the Damage from Alien Species, and the Effects of Protectionism Under Alternate Market Structures," Working Papers 0043, College of Business, University of Texas at San Antonio.
  9. Amitrajeet A. Batabyal & Peter Nijkamp, 2007. "Optimal Resource Management in the Presence of a Deleterious Alien Species," Tinbergen Institute Discussion Papers 07-085/3, Tinbergen Institute.
  10. Amit Batabyal & Hamid Beladi & Won Koo, 2005. "Maritime Trade, Biological Invasions, and the Properties of Alternate Inspection Regimes," ERSA conference papers ersa05p164, European Regional Science Association.

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