reference : Evaluating alternative prescribed burning policies to reduce net economic damages from wildfire

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/reference/102550e4-9c8d-4799-813b-844c0f04a14b
Bibliographic fields
reftype Journal Article
Abstract We estimate a wildfire risk model with a new measure of wildfire output, intensity-weighted risk and use it in Monte Carlo simulations to estimate welfare changes from alternative prescribed burning policies. Using Volusia County, Florida as a case study, an annual prescribed burning rate of 13% of all forest lands maximizes net welfare; ignoring the effects on wildfire intensity may underestimate optimal rates of prescribed burning. Our estimated supply function for prescribed fire services is inelastic, suggesting that increasing contract prescribed fire services on public lands may produce rapidly escalating costs for private landowners and unintended distributional and “leakage” effects.
Author Mercer, D. Evan; Prestemon, Jeffrey P.; Butry, David T.; Pye, John M.
DOI 10.1111/j.1467-8276.2007.00963.x
ISSN 0002-9092
Issue 1
Journal American Journal of Agricultural Economics
Notes 10.1111/j.1467-8276.2007.00963.x
Pages 63-77
Title Evaluating alternative prescribed burning policies to reduce net economic damages from wildfire
Volume 89
Year 2007
Bibliographic identifiers
_record_number 24356
_uuid 102550e4-9c8d-4799-813b-844c0f04a14b