The effect of an aquatic invasive species (Eurasian watermilfoil) on lakefront property values

作者：Zhang Congwen^*; Boyle Kevin J

来源：Ecological Economics, 2010, 70(2): 394-404.

DOI：10.1016/j.ecolecon.2010.09.011

• Aquatic invasive species
• Eurasian watermilfoil
• Economic costs
• Hedonic property values

Invasive species are one of the major threats to ecosystems One of these invaders" Eurasian watermilfoil can crowd out important native aquatic plants decrease habitat and diversity of native species in a lake and interfere with water-based recreation This study uses a hedonic property-value method to estimate the effect of Eurasian watermilfoil on lakefront property values at selected Vermont lakes Results indicate that as the primary component of total aquatic macrophyte growth in a lake Eurasian watermilfoil significantly and substantially affects lakefront property values As Eurasian watermilfoil infests a lake adding to the total macrophyte growth property values can diminish by <1% to 16% for incremental increases in the inf

• 出版日期2010-12-15
• 单位Virginia Tech; 美国弗吉尼亚理工大学(Virginia Tech)