Economics of Cogongrass Control in Slash Pine Forests
Janaki R.R. Alavalapati,
G. Andrew Stainback,
Jagannadha R. Matta and
Douglas R. Carter
Journal of Agricultural and Applied Economics, vol. 39, issue Special, 8
Cogonagrass (Imperata Cylindrica), an invasive weed, is a threat to slash pine forests. Using a dynamic optimization model, we estimated the impact of cogongrass on the profitability of slash pine forestry under four scenarios: no threat of cogongrass infestation; infestation is uncertain, and no control measures are taken; infestation is uncertain, but control measures are undertaken by one landowner but not the neighbors; and infestation is uncertain, and control measures are undertaken by everyone. Results indicate that annual net returns per acre under each scenario, respectively, are $25.30, $16.97, $13.89, and $17.38. Results suggest fostering a cooperative behavior among landowners is desirable.
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