IDEAS home Printed from https://ideas.repec.org/a/ucp/jaerec/doi10.1086-720303.html
   My bibliography  Save this article

Ecosystem Services and Land Rental Markets: Producer Costs of Bat Population Crashes

Author

Listed:
  • Dale T. Manning
  • Amy Ando

Abstract

Nonmarket natural capital provides crucial inputs across the economy. We use land rental market data to calculate the welfare impacts of a change in an unpriced natural capital while accounting for spatial spillovers. We apply the welfare analysis to examine the cost of white-nose syndrome (WNS) in bats, which provide pest control services to agricultural producers. WNS, a disease that decimates bat populations, arrived in the United States in the mid-2000s. Leveraging the exogenous change in bat populations, we find that the loss of bats in a county causes land rental rates to fall by $2.84 per acre plus $1.50 per acre per neighboring county with WNS. Agricultural land falls by 1,102 acres plus 582 acres per neighboring county with WNS. As of 2017, agricultural losses from WNS were between $426 and $495 million per year. These estimates of ecosystem service values can inform public management of society’s natural capital.

Suggested Citation

  • Dale T. Manning & Amy Ando, 2022. "Ecosystem Services and Land Rental Markets: Producer Costs of Bat Population Crashes," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 9(6), pages 1235-1277.
    • Handle: RePEc:ucp:jaerec:doi:10.1086/720303
    DOI: 10.1086/720303
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/720303
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: http://dx.doi.org/10.1086/720303
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/720303?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Peng, Yifan & Ando, Amy W. & Gundersen, Craig G., 2023. "Food Bank Responses to Major Disasters," 2023 Annual Meeting, July 23-25, Washington D.C. 335942, Agricultural and Applied Economics Association.
    2. Moeltner, Klaus & Puri, Roshan & Johnston, Robert J., 2023. "Regression and matching in hedonic analysis: Empirical guidance for estimator choice," 2023 Annual Meeting, July 23-25, Washington D.C. 335807, Agricultural and Applied Economics Association.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:jaerec:doi:10.1086/720303. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/JAERE .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.