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Protectionism, Trade, and Measures of Damage from Exotic Species Introductions
Authors:Christopher  Costello   Carol  McAusland
Affiliation:Christopher Costello is assistant professor of environmental and natural resource economics at the Donald Bren School of Environmental Science &Management, University of California, Santa Barbara, and Carol McAusland is assistant professor of economics at the Donald Bren School of Environmental Science &Management and the department of Economics, UCSB.
Abstract:Unintentional introductions of nonindigenous plants, animals, and microbes cause significant ecological and agricultural crop damage worldwide. Trade in both manufactured and agricultural goods is a primary vector for such introductions. Fusing simple models of trade and biological introductions, we explore the links between trade, protectionism, and damage arising from exotic species introductions. We show that it is possible for freer trade to reduce damage arising from exotic species invasions. We also show how current measures of damage—heavily weighted toward agricultural damage—serve as misleading indicators of how restrictions to trade affect total losses arising from exotic species introductions.
Keywords:exotic species    Poisson process    protectionism    trade
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