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Economic Analysis of Environmental Benefits of Integrated Pest Management

Published online by Cambridge University Press:  28 April 2015

Jeffrey D. Mullen
Affiliation:
Department of Agricultural and Applied Economics, Virginia Tech
George W. Norton
Affiliation:
Department of Agricultural and Applied Economics, Virginia Tech
Dixie W. Reaves
Affiliation:
Department of Agricultural and Applied Economics, Virginia Tech
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Abstract

Public support for integrated pest management (IPM) is derived in part from concerns over food safety and the environment, yet few studies have assessed the economic value of health and environmental benefits of IPM. An approach is suggested for such an assessment and applied to the Virginia peanut IPM program. Effects of IPM on environmental risks posed by pesticides are assessed and society's willingness to pay to reduce those risks is estimated. The annual environmental benefits of the peanut IPM program are estimated at $844,000. The estimates of pesticide risks and willingness to pay can be applied elsewhere in economic assessments of IPM.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1998

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