The Spatial Dynamics of the Economic Impacts of an Aquatic Invasive Species: An Empirical Analysis
Katherine Y. Zipp,
David Lewis,
Bill Provencher and
M. Jake Vander Zanden
Land Economics, 2019, vol. 95, issue 1, 1-18
Abstract:
This paper examines how the economic loss from an aquatic species invasion of a freshwater lake is allocated between users of the lake itself (own-lake effect) and users of neighboring lakes that become invaded because the lake is a new source of the invader (spillover effect). The empirical application concerns the Eurasian watermilfoil invasion in the lake-rich landscape of northern Wisconsin. Results suggest that coordinated management across lakes provides its highest economic value in the early years of an invasion, before high-value, high-traffic lakes are invaded, and drops quickly once the invasion claims these lakes.
JEL-codes: Q51 Q57 (search for similar items in EconPapers)
Date: 2019
Note: DOI: 10.3368/le.95.1.1
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:95:y:2019:i:1:p:1-18
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