IDEAS home Printed from https://ideas.repec.org/p/ags/aare09/48157.html
   My bibliography  Save this paper

Policy responses to invasive native species: issues of social and private benefits and costs

Author

Listed:
  • Farquharson, Robert J.
  • Kelly, Jason A.
  • Welsh, Pam
  • Mazur, Kasia
  • Bennett, Jeffrey W.

Abstract

Farm and catchment managers in Australia face decisions about controlling invasive native species (or scrub) which may infest agricultural land. The treatment of this land to remove the infestation and re-establish native pastures is likely to be expensive for landholders. Yet there are potential social benefits from such remediation and so a policy question arises of what to do to about facilitating such change. New South Wales state government legislation addresses this issue through regulations, and the Catchment Management Authorities are responsible for administering public funds to achieve associated natural resource improvements. However, the extent of the private costs and social benefits associated with such changes are not known, which precludes benefit-cost analyses using the traditional welfare economics framework. This paper reports results of a social and private economic analysis of the impacts of a typical infestation remediation decision. We show that for the landholder the private costs exceed the benefits achieved from increased livestock productivity. However, there are social benefits expressed by the willingness to pay by members of the local catchment community for improvements in native vegetation and biodiversity. When these social benefits are included, the economic analysis shows a positive social net benefit. This raises questions of how to reconcile the public and private accounting, and whether any changes to policies, regulations or procedures for natural resource management in New South Wales are warranted.

Suggested Citation

  • Farquharson, Robert J. & Kelly, Jason A. & Welsh, Pam & Mazur, Kasia & Bennett, Jeffrey W., 2009. "Policy responses to invasive native species: issues of social and private benefits and costs," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 48157, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare09:48157
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/48157
    Download Restriction: no

    References listed on IDEAS

    as
    1. van Bueren, Martin & Bennett, Jeffrey W., 2004. "Towards the development of a transferable set of value estimates for environmental attributes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(1), March.
    2. Farquharson, Robert J. & Hill, Christine M. & Bennett, Jeffrey W. & Tracey, Jacqueline, 2007. "Environmental economics and valuation: towards a practical investment framework for Catchment Management Authorities in New South Wales," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10404, Australian Agricultural and Resource Economics Society.
    3. Kasia Mazur & Jeff Bennett, 2008. "Using focus groups to design a choice modelling questionnaire for estimating natural resource management benefits in NSW," Environmental Economics Research Hub Research Reports 0802, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    4. Mark Morrison & Jeff Bennett, 2004. "Valuing New South Wales rivers for use in benefit transfer," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(4), pages 591-611, December.
    5. Martin van Bueren & Jeff Bennett, 2004. "Towards the development of a transferable set of value estimates for environmental attributes -super-," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(1), pages 1-32, March.
    6. Kasia Mazur & Jeff Bennett, 2009. "A Choice Modelling Survey of Community Attitudes to Improvements in Environmental Quality in NSW Catchments," Environmental Economics Research Hub Research Reports 0913, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Invasive native scrub; environmental values; choice modelling; financial; economic; Namoi catchment;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ags:aare09:48157. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaresea.html .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.