Journal
LAND ECONOMICS
Volume 95, Issue 1, Pages 1-18Publisher
UNIV WISCONSIN PRESS
DOI: 10.3368/le.95.1.1
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Funding
- National Science Foundation Coupled Human and Natural Systems program [DEB-0909281]
- Long Term Ecological Research Network-North Temperate Lakes Site [DEB-0822700]
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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.
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