Economic Impacts of Pink Hibiscus Mealybug in Florida and the United States

Ram Ranjan

No 15655, Working Papers from University of Florida, International Agricultural Trade and Policy Center

Abstract: This paper estimates the direct and indirect impacts of the Pink Hibiscus Mealybug infestation on the economies of Florida and the rest of the United States. The approach involves a Markov chain analysis wherein both short run and long run expected damages from infestation are calculated. Use is made of the CLIMEX model that predicts the potential pest-establishment regions in the US. While predictions based upon the CLIMEX model extend the scope of damages beyond Florida, the damages are dependent upon the rate of arrival and detection of species in those regions. Damages are significantly higher when a longer time horizon is considered. When nursery owners bear the full cost of quarantines in the form of loss of sales and treatment costs of infected plants, the cost-effectiveness of quarantines as a regulatory tool is diminished.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 38
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/15655/files/wp040008.pdf (application/pdf)

Related works:
Working Paper: Economic Impacts of Pink Hibiscus Mealybug in Florida and the United States (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uflowp:15655

DOI: 10.22004/ag.econ.15655

Access Statistics for this paper

More papers in Working Papers from University of Florida, International Agricultural Trade and Policy Center Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().