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The value of nonindigenous species risk assessment in international trade

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  • Springborn, Michael
  • Romagosa, Christina M.
  • Keller, Reuben P.

Abstract

Managing the introduction of nonindigenous species is becoming a major goal of policy-makers at regional, national and international scales. Here we investigate, at the national level, the ideal design and expected net benefits of a risk assessment program for evaluating the desirability of nonindigenous species imports. We show how to enhance the statistical rigor of such a system by correcting a common non-random sampling problem encountered in the data. This correction enables model output to be interpreted in an economically relevant way and facilitates a theoretically rigorous characterization of the balance between trade and nonindigenous species establishment risk. Using reptiles and amphibians imported to the U.S. as a case study, we characterize economic outcomes over a range of cases and demonstrate substantial expected returns to such a screening program, relative to the current effectively open-door policy. Our results are informative for the current debate in the U.S. about whether to require federal agencies to apply risk assessment before allowing a species for import. The framework presented decomposes a complex argument about risk management into component economic and statistical parts, allowing for debate and improved understanding over each element to inform the overall program in a transparent fashion.

Suggested Citation

  • Springborn, Michael & Romagosa, Christina M. & Keller, Reuben P., 2011. "The value of nonindigenous species risk assessment in international trade," Ecological Economics, Elsevier, vol. 70(11), pages 2145-2153, September.
  • Handle: RePEc:eee:ecolec:v:70:y:2011:i:11:p:2145-2153
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    References listed on IDEAS

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    Cited by:

    1. Dalmazzone, Silvana & Giaccaria, Sergio, 2014. "Economic drivers of biological invasions: A worldwide, bio-geographic analysis," Ecological Economics, Elsevier, vol. 105(C), pages 154-165.

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