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Volume 39, Special Issue, October 2007 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/37139
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| Title: | Estimating the Value of Invasive Aquatic Plant Control: A Bioeconomic Analysis of 13 Public Lakes in Florida |
| Authors: | Adams, Damian C.
Lee, Donna J. |
| Keywords: | aquatic plants
bioeconomics
invasive species
lakes
maintenance control |
| JEL Codes: | Q57
Q26
Q28
Q51
Q25 |
| Issue Date: | 2007-10 |
| Abstract: | We present a bioeconomic model of three invasive aquatic plants (hydrilla, water hyacinth, and water lettuce) in 13 large Florida lakes, and simulate one-year and steady-state impacts of three control scenarios. We estimate that the steady-state annual net benefit of invasive plant control is $59.95 million. A one-year increase in control yields steady-state gains of $6.55 million per year, and a one-year lapse causes steady-state annual losses of $18.71 million. This model shows that increased control of hydrilla, water hyacinth, and water lettuce is optimal. |
| URI: | http://purl.umn.edu/37139 |
| Institution/Association: | Journal of Agricultural and Applied Economics>Volume 39, Special Issue, October 2007 |
| From Page: | 97 |
| To Page: | 109 |
| Collections: | Volume 39, Special Issue, October 2007
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| Adams JAAE October 2007.pdf | | 5122Kb | PDF | View/Open |
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