Revised benefits and costs of eradicating the red imported fire antExport / Share Antony, G., Scanlan, J.C., Francis, A., Kloessing, K. and Nguyen, Y. (2009) Revised benefits and costs of eradicating the red imported fire ant. In: 53rd Annual Conference of the Australian Agricultural and Resource Economics Society, 10–13 February, Cairns. Full text not currently attached. Access may be available via the Publisher's website or OpenAccess link. Article Link: http://purl.umn.edu/48151 Publisher URL: http://ageconsearch.umn.edu/ AbstractThe paper revisits estimates of cost/benefit for eradication in Australia provided in 2001 which were based largely on information about a US ecosystem. The study had two major components; spread modelling using a cellular automation model provided by Joe Scanlan and an impact analysis undertaken by the remaining authors. The revised figures provided in this study increased the damage estimate from $2.8 billion to $45 billion and the benefit-cost ratio of eradication efforts improved from 25:1 to 390:1.
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