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The economic impact of the invasion of Acacia saligna in Israel

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  • Lehrer, David
  • Becker, Nir
  • Bar, Pua

Abstract

This paper illustrates the use of alternative, non-market valuation methods to estimate the economic value of ecological damage caused by the invasive plant Acacia saligna. We discuss the motivation to perform an economic valuation for bio-invasion in general and then examine the costs and benefits of conservation management programmes that reduce the risk of A. saligna invasion at the Nizzanim Long-Term Ecosystem Research (LTER) nature reserve in Israel. The study found that the annual mean willingness to pay (WTP) for containment or eradication of A. saligna was US$8.41 and US$8.83, respectively. The value placed on conserving the nature reserve was then compared to the cost of containment or eradication of the species, enabling a standard economic benefit–cost analysis. The result of this analysis showed that, using the most conservative method of valuation of the nature reserve, eradication of A. saligna gave a net benefit.

Suggested Citation

  • Lehrer, David & Becker, Nir & Bar, Pua, 2010. "The economic impact of the invasion of Acacia saligna in Israel," MPRA Paper 33954, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:33954
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    References listed on IDEAS

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    More about this item

    Keywords

    Acacia saligna; benefit–cost analysis; biodiversity; conservation planning; CVM; Mediterranean; non-market valuation; sand dunes;
    All these keywords.

    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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