An Economic Evaluation of a Pest Management Control Program: "Outfox the Fox"

Foxes are regarded as a serious pest of environmental and grazing systems in Australia. The fox is a recognised predator of native wildlife and has been a significant contributor to the population decline of many native mammal, bird and reptile species. There are also claims that foxes may account for up to 30% of lamb mortalities in some areas, while mortality due to predation of 2 to 5% is more likely in most regions. The ‘Outfox the Fox’ program was established by NSW Agriculture in conjunction with a number of Rural Land Protection Boards to achieve a more strategic and coordinated fox baiting program. This program relies on a community driven and integrated management approach to the problem. The main features are to synchronise baiting across landholders at least twice a year, undertake baiting during periods when the fox is most susceptible, regularly check and replace baits, and continue until the bait take declines. A stochastic economic surplus and benefit-cost analysis model was developed to evaluate this program. The change in annual economic surplus due to the ‘Outfox the Fox’ program was $3.4m. The benefit-cost analysis showed that the project provided a significant return on public investment with a mean net present value of $9.8m and a mean benefit-cost ratio of 13.0:1. The stochastic analysis indicated that there was a very low probability of this program providing a negative economic return.


Issue Date:
2005
Publication Type:
Report
DOI and Other Identifiers:
ISSN 1442-9764 (Other)
ISBN 0 7347 1763 6 (Other)
PURL Identifier:
http://purl.umn.edu/42653
Total Pages:
34
JEL Codes:
Q160
Series Statement:
Economic Research Report
29




 Record created 2017-04-01, last modified 2017-04-04

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