Determining the cost-effectiveness of Phytophthora cinnamomi management in the Fitzgerald River National Park
Katrina Davis (),
David Pannell and
Marit Kragt
No 124288, 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society
Abstract:
The Fitzgerald River National Park is one of the world’s 25 biological hotspots, containing many endemic flora and fauna species. Its unique biodiversity is being threatened by the introduced root pathogen, Phytophthora cinnamomi. We evaluate the cost-effectiveness of strategies to manage Phytophthora cinnamomi in the park, using the Investment Framework for Environmental Resources (INFFER). Management strategies based on current and higher investment levels are shown to have high Benefit Cost Indices. These results support the use of public conservation funds to address the threat of Phytophthora cinnamomi, and show the need for improved understanding of the impact and the adoption of strategies.
Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 23
Date: 2012-02
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare12:124288
DOI: 10.22004/ag.econ.124288
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