Control of Invasive Species: Lessons from Miconia in Hawaii
Abstract
Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an exotic pest solves for a trajectory of removals that minimizes the present value of removal costs and residual damages from the remaining pest population. The shrubby tree, Miconia calvescens, is used to illustrate dynamic policy options for a forest invader. Potential damages to Hawaii's forest ecosystems are related to decreased aquifer recharge, biodiversity, and other ecosystem values. We find that population reduction is the optimal management policy for the islands of Oahu, Maui, and Hawaii. On the island of Kauai, where tree density is lower and search costs higher, optimal policy calls for deferring removal expenditures until the steady state population is reached.Download Info
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Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 200608.Length: 16 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:hai:wpaper:200608
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Keywords:Other versions of this item:
- Kaiser, Brooks A. & Burnett, Kimberly M. & Roumasset, James A., 2006. "Control of Invasive Species: Lessons from Miconia in Hawaii," 2006 Annual meeting, July 23-26, Long Beach, CA 21301, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-04-22 (All new papers)
References
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- 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.
- 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.
- Loomis, John B. & White, Douglas S., 1996. "Economic benefits of rare and endangered species: summary and meta-analysis," Ecological Economics, Elsevier, vol. 18(3), pages 197-206, September.
- Brooks Kaiser & James A Roumasset, 1999. "Water Management and the Valuation of Indirect Environmental Services," Working Papers 199905, University of Hawaii at Manoa, Department of Economics.
- 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.
- Burnett, Kimberly M. & Kaiser, Brooks A. & Pitafi, Basharat A.K. & Roumasset, James A., 2006. "Prevention, Eradication, and Containment of Invasive Species: Illustrations from Hawaii," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), April.
- Kaiser, Brooks & Roumasset, James, 2002. "Valuing indirect ecosystem services: the case of tropical watersheds," Environment and Development Economics, Cambridge University Press, vol. 7(04), pages 701-714, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Brooks Kaiser & Kimberly Burnett, 2010.
"Spatial Economic Analysis of Early Detection and Rapid Response Strategies for an Invasive Species,"
Working Papers
2010-05, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
- Kaiser, Brooks A. & Burnett, Kimberly M., 2010. "Spatial economic analysis of early detection and rapid response strategies for an invasive species," Resource and Energy Economics, Elsevier, vol. 32(4), pages 566-585, November.
- Pitafi, Basharat A.K. & Roumasset, James A., 2006. "Integrated Prevention and Control of Invasive Species," 2006 Annual meeting, July 23-26, Long Beach, CA 21062, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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