Economic lessons from control efforts for an invasive species: Miconia calvescens in Hawaii
Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an unwanted species solves for a trajectory of removals that minimizes the present value of removal costs and residual damages from the remaining populatio...
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Published in | Journal of forest economics Vol. 13; no. 2; pp. 151 - 167 |
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Language | English |
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Abstract | Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an unwanted species solves for a trajectory of removals that minimizes the present value of removal costs and residual damages from the remaining 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. |
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AbstractList | Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an unwanted species solves for a trajectory of removals that minimizes the present value of removal costs and residual damages from the remaining 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. [PUBLICATION ABSTRACT] Once established, invasive species can rapidly and irreversibly alter ecosystems and degrade the value of ecosystem services. Optimal control of an unwanted species solves for a trajectory of removals that minimizes the present value of removal costs and residual damages from the remaining 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. |
Author | Kaiser, Brooks Burnett, Kimberly Roumasset, James |
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Cites_doi | 10.1111/1467-8276.00394 10.1017/S1068280500010066 10.1017/S1355770X02000426 10.1111/j.1744-7429.1998.tb00101.x 10.1111/1467-8276.00395 10.1016/0921-8009(96)00029-8 10.1504/IER.2000.053995 10.1111/1467-8276.00396 |
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References_xml | – volume: 12 start-page: 6 year: 1995 end-page: 12 ident: bib1 article-title: Alien species and the extinction crisis of Hawaii's invertebrates publication-title: Endangered Species Update contributor: fullname: Asquith – volume: 30 start-page: 609 year: 1998 end-page: 624 ident: bib13 article-title: Observations on the reproductive biology of publication-title: Biotropica contributor: fullname: Meyer – volume: 84 start-page: 1317 year: 2002 end-page: 1322 ident: bib5 article-title: Uncertainty, economics, and the spread of invasive plant species publication-title: American Journal of Agricultural Economics contributor: fullname: van Kooten – volume: 2 start-page: 102 year: 2000 end-page: 122 ident: bib7 article-title: Water management and the valuation of indirect environmental services publication-title: Interdisciplinary Environmental Review contributor: fullname: Roumasset – volume: 35 year: 2006 ident: bib2 article-title: Prevention, eradication, and containment 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rare and endangered species: summary and meta-analysis publication-title: Ecological Economics contributor: fullname: White – year: 1990 ident: bib3 article-title: Mathematical Bioeconomics: The Optimal Management of Renewable Resources contributor: fullname: Clark – volume: 84 start-page: 1303 issue: 5 year: 2002 ident: 10.1016/j.jfe.2007.02.007_bib6 article-title: The economics of invasive species management: biological pollution prevention strategies under ignorance publication-title: American Journal of Agricultural Economics doi: 10.1111/1467-8276.00394 contributor: fullname: Horan – volume: 35 issue: 1 year: 2006 ident: 10.1016/j.jfe.2007.02.007_bib2 article-title: Prevention, eradication, and containment of invasive species: illustrations from Hawaii publication-title: Agricultural and Resource Economics Review doi: 10.1017/S1068280500010066 contributor: fullname: Burnett – volume: 7 start-page: 701 issue: 4 year: 2002 ident: 10.1016/j.jfe.2007.02.007_bib8 article-title: Valuing indirect ecosystem services: the case of tropical watersheds publication-title: Environment and Development Economics doi: 10.1017/S1355770X02000426 contributor: fullname: Kaiser – volume: 30 start-page: 609 issue: 4 year: 1998 ident: 10.1016/j.jfe.2007.02.007_bib13 article-title: Observations on the reproductive biology of Miconia calvescens DC (Melastomataceae), an alien invasive tree on the island of Tahiti (South Pacific Ocean) publication-title: Biotropica doi: 10.1111/j.1744-7429.1998.tb00101.x contributor: fullname: Meyer – volume: 12 start-page: 6 issue: 6 year: 1995 ident: 10.1016/j.jfe.2007.02.007_bib1 article-title: Alien species and the extinction crisis of Hawaii's invertebrates publication-title: Endangered Species Update contributor: fullname: Asquith – ident: 10.1016/j.jfe.2007.02.007_bib4 – volume: 84 start-page: 1311 issue: 5 year: 2002 ident: 10.1016/j.jfe.2007.02.007_bib15 article-title: The economics of controlling a stochastic biological invasion 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SubjectTerms | Biodiversity Ecosystems Environmental policy Forest management Hawaii Invasive species Invasive species Miconia calvescens Hawaii Watershed quality Biodiversity Miconia calvescens Nonnative species Studies Trees Watershed quality |
Title | Economic lessons from control efforts for an invasive species: Miconia calvescens in Hawaii |
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