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Control of Invasive Species: Lessons from Miconia in Hawaii

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  • Kaiser, Brooks A.
  • Burnett, Kimberly M.
  • Roumasset, James A.

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.

Suggested Citation

  • 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).
  • Handle: RePEc:ags:aaea06:21301
    DOI: 10.22004/ag.econ.21301
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    References listed on IDEAS

    as
    1. 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.
    2. 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), pages 1-15, April.
    3. 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.
    4. Kaiser, Brooks & Roumasset, James, 2002. "Valuing indirect ecosystem services: the case of tropical watersheds," Environment and Development Economics, Cambridge University Press, vol. 7(4), pages 701-714, October.
    5. 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.
    6. 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.
    7. 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.
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    Cited by:

    1. 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.
    2. 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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    More about this item

    Keywords

    Environmental Economics and Policy;

    JEL classification:

    • 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

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