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Yellow starthistle (Centaurea solsitialis, L.) is an invasive weed that creates problems for the management of Idaho's rangelands. A bioeconomic approach combined with an input-output economic model is used to estimate direct and secondary economic costs of the weed in relation to its interference with agricultural and non-agricultural benefits that rangelands provide. Direct economic costs of the infestations were estimated to be of 8.2 million '05 dollars per year, and secondary costs of 4.5 million '05 dollars per year, for a total of 12.7 million '05 dollars; agricultural related economic impacts accounted for 79 % of this total cost, and non-agricultural for 21 %

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Roxana Julia () (Department of Economics, Rensselaer Polytechnic Institute,1403 Park Boulevard, Troy, NY, 12180,USA)
David W. Holland () (Washington Sate University, Pullman, WA 99164-6210, USA)
Joseph Guenthner () (Department of Agricultural Economics and Rural Sociology, University of Idaho, Moscow, ID 83844, USA)
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Paper provided by Rensselaer Polytechnic Institute, Department of Economics in its series Rensselaer Working Papers in Economics with number 0702.

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Date of creation: Feb 2007
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Handle: RePEc:rpi:rpiwpe:0702

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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
R15 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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  1. Steven A. HIRSCH & Jay A. LEITCH, 1996. "The Impact Of Knapweed On Montana'S Economy," Reports 355, North Dakota State University Department of Agricultural Economics. [Downloadable!]
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