Center, Internet, Wildlife Damage Management

 

Human–Wildlife Interactions

Economic Evaluation of Beaver Management to Protect Timber Resources in Mississippi

Date of this Version

Fall 2011

Document Type

Article

Citation

Human–Wildlife Interactions (Fall 2011) 5(2): article 18

doi: 10.26077/swcj-gm51

Special topic: Bird strikes

Comments

United States government work. Public domain

Abstract

It has become essential for groups involved with wildlife policy formulation and decision making to examine the economic benefits and costs derived from the management of nuisance wildlife species. Beavers (Castor canadensis) in Mississippi have seen significant population fluctuations over the last 150 years as their status has changed from a game species to protected species to nuisance species. The objectives of this study were to assess the beaver-caused economic impacts to the timber industry in Mississippi and estimate the damages avoided due to Mississippi’s Beaver Control Assistance Program (BCAP) activities from 2005 to 2009. The total BCAP costs averaged $1.1 million annually over the study period. Analysis of 6 combinations of possible timber savings provided average annual direct program benefits that ranged from $25 million to $57 million. To estimate the potential secondary impact to the regional economy from these timber savings, an input-output model was utilized. The additional economic activity created in the region ranged from $19 million to $42 million. Using these estimated values of potential beaver damage, all calculated benefit-cost ratios indicated that BCAP was an economically efficient expenditure of resources. The economic methodology used herein can be applied to other integrated pest management programs to assess the economic efficiency of expenditures.

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