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On the Economics of Biological Invasion: An application to recreational fishing

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  • Jon Olaf Olaussen

Abstract

The paper demonstrates four general mechanisms that may affect economically valuable species when exposed to biological invasion. We distinguish between an ecological level effect and an ecological growth effect. In addition we present an economic quantity effect working through demand. Finally we suggest that there is an economic quality effect that reflects the possibility that invasions affect the harvesting agents directly through new demand-side forces. For example, this may occur because the state of the original species or the ecosystem is altered. We depart from the existing literature by revealing ecological and economic forces that explain why different agents may lack incentives to control invasions. The theoretical model is illustrated by the case where escaped farmed salmon influence wild Atlantic salmon fisheries.

Suggested Citation

  • Jon Olaf Olaussen, 2005. "On the Economics of Biological Invasion: An application to recreational fishing," Working Paper Series 5905, Department of Economics, Norwegian University of Science and Technology.
  • Handle: RePEc:nst:samfok:5905
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    File URL: http://www.svt.ntnu.no/iso/WP/2005/12BiologicalinvasionWP.pdf
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    References listed on IDEAS

    as
    1. McConnell, Kenneth E. & Sutinen, Jon G., 1979. "Bioeconomic models of marine recreational fishing," Journal of Environmental Economics and Management, Elsevier, vol. 6(2), pages 127-139, June.
    2. Jon Olaf Olaussen & Anders Skonhoft, 2005. "The bioeconomics of a wild Atlantic salmon (Salmo salar) recreational fishery," Working Paper Series 6105, Department of Economics, Norwegian University of Science and Technology.
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    Cited by:

    1. Yajie Liu & Jon Olaf Olaussen & Anders Skonhoft, 2011. "When a Fish is a Fish: The Economic Impacts of Escaped Farmed Fish," Working Paper Series 12011, Department of Economics, Norwegian University of Science and Technology.

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    More about this item

    Keywords

    Biological invasion; escaped farmed Salmon; recreational fishing; bioeconomic model;
    All these keywords.

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