Economics of invasive pests and diseases: a guide for policy makers and managers

Morag MacPherson () and Nick Hanley
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Morag MacPherson: Division of Computing Sciences and Mathematics, University of Stirling

Discussion Papers in Environment and Development Economics from University of St. Andrews, School of Geography and Sustainable Development

Abstract: Invasive pests and diseases are a growing threat to agricultural crops, livestock and forests worldwide. In this report, we look at the contribution that economics can make to developing policies to counter the risks of such pests and diseases. First, though, we review some of the evidence on the nature of this problem.. Thus the results presented here have important implications for the way in which the real options approach is applied to determine optimal timing of disease control given uncertainty in future disease progression.

Keywords: invasive species; pests and diseases; agriculture; forests; zoonotic; transferable externality (search for similar items in EconPapers)
JEL-codes: Q01 Q18 Q23 Q54 Q57 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2016-03
New Economics Papers: this item is included in nep-agr and nep-env
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