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| Author: | Gatto, P. (et al.) |
| Title: | Economic assessment of managing processionary moth in pine forests: A case-study in Portugal |
| Journal: | Journal of Environmental Management
2009 : FEB, VOL. 90:2, p. 683-691 |
| Index terms: | forest economics forestry industry cost benefit analysis case studies Portugal economic analysis environmental economics |
| Freeterms: | pest management pine processionary moth thaumetopoea pityocampa pinus |
| Language: | eng |
| Abstract: | This article evaluates the private and social profitability of current strategies for managing processionary moth (Thaumetopoea pityocampa) in Portuguese pine forests, looking at economic and environmental costs and benefits. It is used the Cost Benefit Analysis (CBA) as an analytical framework. Based on a case-study was analyzed for the Setúbal Peninsula, south of Lisbon, an area where extensive stands of maritime pine (Pinus pinaster) grow. It is argued that CBA can be a valuable tool for assessing the economic and social profitability of pest management. The results indicate that the loss of revenues in the no-management option is not sufficient to make pest management profitable for private forest owners in the short-term. Conversely, a social profit is gained as pest management minimizes health risks for humans and avoids possible recreational losses. |
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