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The Economic Impacts

Economic Analysis  

As invasive annual grasses impact all of the economic benefits from rangeland in the Great Basin, the economic analysis in the ARS Area-wide project is necessarily broad in scope. The economic analysis in the ARS Area-wide project has five parts.

 

  • First, the economic analysis quantifies market and non-market economic benefits from rangeland in the Great Basin as influenced by annual invasive grasses.
  • Second, estimated changes in economic benefits of implementing management treatments are used to evaluate the costs and benefits   as part of the Area-wide project.
  • Third, the successful implementation of EBIPM requires that ranchers and  land managers have economic incentives to participate and the managerial flexibility to undertake the treatment options with greatest potential for success given the ecological conditions on their rangeland.
  • Fourth, the economic benefits of prevention, which seeks to stop the invasive annual grasses from establishing  on  rangeland are evaluated.
  • Fifth, the analysis will address where to target treatments for invasive annual grasses in the Great Basin to have the greatest benefit at least cost.